National Institutes of Health – $10.4 Billion
The National Institutes of Health (NIH) conducts and supports biomedical and behavioral research at 3,000+ sites across the US. The NIH has a total of $10.4 billion to spend and, according to its website, “we expect to spend as much as possible in FY 2009.” The funding is broken down as follows:
- $1 billion for the National Center for Research Resources to construct, renovate, or repair existing non-Federal research facilities.
- $8.2 billion to be used to support additional scientific research.
- $500 million to fund high-priority NIH repair, construction, and improvement projects.
- $300 million for shared instrumentation and other capital equipment.
o $7.4 billion to be transferred to the Institutes and Centers and Common Fund on a percentage-based formula.
o $800 million to the Office of the Director to be given to programs where progress in solving health and science problems can be expected in 2 years.
When will the money be available?
In an effort to comply with President Obama’s mandate to spend funds quickly, the NIH is committed to disbursing the money to programs that make significant progress over the next 2 years. This commitment is very similar to “shovel-ready” public works projects being discussed by the Federal Highway Administration and other government agencies. The NIH will also consider expanding current research awards or supplementing existing programs with additional support for equipment that will be used within the 2-year availability of funds.
The NIH announced on March 24, 2009 that it will use $60 million in stimulus funds to support strategic autism research and that another $21 million will be allocated over 2 years for educational opportunities in NIH-funded laboratories for students and science educators.
The $1 billion for the National Center for Research Resources to construct, renovate, or repair existing non-Federal research facilities will be allocated through grants. Budgets for direct costs between $1 million and $10 million may be requested. Funds must be used for equipment, alteration, renovation funds, or both.
The $8.2 billion in extramural funding will be used to fund projects that will stimulate the economy, create or retain jobs, and have the potential for making scientific progress in 2 years. Grants requests must meet one of the following requirements:
- Recently peer reviewed highly meritorious research grant applications that can be accomplished in 2 years or less.
- New research applications.
- Targeted supplements to current grants.
- New activities such as the NIH Challenge Grant program.
Who will decide what to purchase?
The decision makers at public and private higher education institutions, nonprofit organizations, and regional facilities are on the “eligible institution” list. This means that they will be the persons responsible for submitting grant applications to the NIH. In reality, it will be the chemists, biologists, and medical researchers who develop the grant applications and submit them to the Dean or Department Chair for signature and forwarding to the NIH.
MCH can help you target these decision makers with high-quality marketing data. Request more information using this form or call us now at 1-800-776-6373.
What will they be buying?
Decision makers will be purchasing all types of medical research equipment and supplies. In addition, laboratory and safety products will also be needed. The stimulus package is heavily focused on technology so decision makers will also be purchasing computer hardware, software, networking, and support services.
What does it mean for your business?
If you’ve been marketing to successfully to colleges, universities, and private research facilities, redouble your efforts. If you haven’t marketed yet to this market segment, call MCH today for an evaluation or use this form to request more information.
MCH is America’s leading compiler of business-to-institution marketing data. We have more than 80 years of experience helping companies sell to healthcare institutions. Contact us today to find out how you can effectively target the $10.4 billion in health resources services funding.
