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Funding Biomedical Research Programs Contributions of the Markey Trust (2006) / Chapter Skim
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Pages 1-5

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From page 1...
... Funding the establishment, reorganization, or expansion of major biomedical research programs or centers led by established investigators 3. Providing training opportunities in translational research for graduate and medical students.
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From page 2...
... General Organizational Grants The growth of a gap between biomedical research and its clinical application has been recognized. The Markey Trust funded awards to provide training in translational research to diminish this gap, including (1)
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From page 3...
... Research Program Grants Research Program Grants were awarded to enable established investigators to address important issues in the biomedical sciences by developing new approaches or expanding continuing approaches to the study of basic biomedical research questions -- in short, providing flexible dollars for innovation and growth. In some instances, the awards permitted the development of new programs or the complete reorganization of existing programs.
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From page 4...
... COMMITTEE CONCLUSIONS AND OBSERVATIONS The Committee used its expert review combined with assessment of annual reports, site visits, and review of the Markey Trust archived records to evaluate the Research Program Grants program and arrive at the following conclusions and observations. · The Research Program Grants were an appropriate mechanism to carry out the wishes to invest in the biomedical sciences articulated by Mrs.
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From page 5...
... Through the Research Program Grants, the Markey Trust created a program that identified established leading scientists with promising ideas and models, provided them with substantial funding, and minimized administrative barriers in order to maximize their potential to take risks, support good young scientists in their labs, buy equipment, and build infrastructure to advance biomedical research. The need still remains for funding basic biomedical research whose outcomes are neither ensured nor predictable.
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