Bid and Proposal Funds Policy |
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| Purpose
Bid and Proposal Funds provide VMRF qualified principal investigators with funding when either of the following conditions applies:
A New Investigator has been recruited to the VA within the past year, or is in the process of being recruited, and requests start-up funds for the purpose of developing preliminary data to support anticipated grant applications.
An Established VMRF investigator, who has had prior extramural grant support at VMRF, experiences a funding shortfall due to non-funding of a submitted application. A request may be made to VMRF for temporary funding to maintain personnel and project work until new proposals can be submitted and new funding obtained.
Application:
New VMRF Investigators:
1. Applicants must be, or be proposed to be, VMRF qualified investigators
2. Requests for funds should include the following information:
a) One page narrative describing the PI's area of research 3. The performance site of proposed future research must be within VA or VMRF space
4. PI salary support may not be requested
5. Requests for funding in excess of $50,000 require prior approval of the VMRF Board of Directors President
6. Upon receipt of funding from an outside sponsor, all unused funds in the PI’s Bid and Proposal account will be returned to VMRF. The VMRF funds awarded through this process cannot be "banked" for a future lack of support.
Established VMRF Investigators:
1. Applicants must be VMRF qualified investigators who have experienced a recent reduction in funding due to non-renewal of a grant application or termination of an existing grant or contract
2. Requests for funds from current VMRF qualified principal investigators must include the following information:
3. The performance site of the future proposed research must be within VA or VMRF space
4. Requests for funding in excess of $50,000 require prior approval of the VMRF Board of Directors President
5. VMRF Bid and Proposal Funds expire after one (1) calendar year from the date of the VMRF award notification to the PI. In addition, upon receipt of funding from an outside sponsor, all unused funds in the PI’s Bid and Proposal account will be returned to VMRF. The VMRF funds awarded through this process cannot be "banked" for a future lack of support.
Approval Process Request for funding should be directed to the VMRF Chief Executive Officer. The Chief Executive Officer will review the request for accuracy and confirm available funds and forward recommendations to the VMRF Research Advisory Committee. The committee will make its recommendation to the Board of Directors and grants will be awarded on a funds available basis. It is VMRF’s objective to complete the review process in a timely manner.
Approved by the VMRF Board of Directors: 11/21/06 |
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