First off let me state that this grant award will span over a 2-year period.
The reason why this company is receiving the grant is because they will use the grant money to develop technology to advance vaccine research and development. This
technology will help with the development of vaccine systems used to protect
military personnel from biological agents.
(*On a more personal note, I really am not in favor of using animals as test models!)
Also the grant money will be used to continue the development of a trademarked technology for rapid generation of vaccine candidates and high-throughput testing in animal models. The work will be done in collaboration with another company. By creating multiple vaccine leads in parallel, the two companies hope to increase the odds of successfully advancing promising vaccines into late stage clinical trials.
This company also has vaccine programs in the areas of human immunodeficiency virus (HIV), influenza, and encephalitic alphaviruses, which are funded through various external agencies. Researchers at this company have also generated thousands of lead candidates for their vaccine programs using their trademarked platform.
The company has announced that they are pleased that the government will continue
to fund their work.
The grant which was announced last month will allow the company to continue work done
under a previous contract with the Department of Defense.
The same company also has a HIV program that is also being funded by the U.S.
Government's National Institutes of Health and it's Small Business Grant Program. The company has also received funding for the development of vaccines against influenza and encephalitic alphaviruses.
A recent news release contains forward-looking statements about the research and business prospects of the company including whether the Department of Defense will maintain its recent grant to them for the development of vaccine discovery technology and whether any other government agency that provides them with funding will maintain, renew or replace existing grants for any of their vaccine programs. Risk factors are more fully discussed in the company's Annual Report on Form 10-K for the year ended December 31, 2007, including under the caption "Risk Factors," and in
the company's other periodic reports filed with the SEC, all of which are
available from the company or from the SEC's website.
Basically what this all means is that the government does have grant programs for for-profit companies and if you noticed this grant program has to do with a small business!
This company is developing technology (biological) that will help in keeping their military less susceptible to biological threats!
Now I know that this may seem like a grant program that it out of your league but you should realize that the government has other needs as well and when they can't solve the problem themselves there will usually be a grant program created and /or a subcontractor (whether it be an individual or an entity) hired.
Grants & Single Mothers
"There are numerous foundations offering grants for single mother assistance. These foundations generally only require that the applicant be a single mother or the child of a single mother in order to be eligible for the grant. Some foundations offer grants to assist in paying off student loans. The applicant is often expect to perform community service or do volunteer work in order to qualify for the grant. Professional women who are willing to volunteer their professional services to the community are especially eligible for grants to repay student loan debt. Teachers who are also single mothers may qualify for these grants without doing additional volunteer service, as teaching is considered to be a contribution to the community in and of itself."
Dental Students Receive Grants!
Over sixty dental school students received nearly a quarter of a million dollars in grants this year from various dental-related organizations.
These 2008 Awards were presented to students at 20 dental schools in 12 states and the District of Columbia, recognize graduating dental students who demonstrate outstanding leadership abilities.
-- Awards total $212,500;
Individual amounts range from $2,500 to $12,500
The awards were established in 1977 in honor of one of the first chief executive officers of a dental organization in California, which is now part of the largest dental benefits delivery system in the country.