"Yesterday, the Boettcher Foundation presented grants to the inaugural class of the Webb-Waring Biomedical research program. The six investigators from Colorado institutions will receive between $200,000 and $300,000 each spread over the next three years to support their research efforts. According to Governor Bill Ritter, who was on hand to announce these awards represent 'the Boettcher Foundation’s newest endeavor to improve quality of life in Colorado and around the country.'
The grants are targeted towards promising biomedical researchers early in their careers at a time when it ca be challenging for these investigators to attract NIH or private funds. Tim Shultz, President and Executive Director of the Boettcher Foundation, cited a statistic that on average scientists receive their first outside funding for independent research at the age of 44. Shultz noted that the new program is designed to specifically target this funding gap when modest grants can have a disproportionate impact in moving research forward and keeping the best talent in Colorado."
Link to Rocky Radar