Thursday, December 27, 2007

One Of The Ways That A For-Profit Business Gets A Government Grant Is......

for the developement of a product.

For example one business got a multi-million dollar government grant to help to develop tools to measure the health of people with asthma. The business will collaborate on the project with a health-plan provider. The grant will help the business complete development of its product, which enables patients with asthma to report their condition to measure their illness.

What is also interesting to note is that this business has received government grant funding more than once!

This grant award was provided from The National Institutes of Health.

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