2014-2015 Matching Grants

2014-2015 Matching Grants are closed for new applications.  
Updated July 27, 2015: Granting cycle 3 has been cancelled.

Matching Grants – program and project – require strategic co-investment by external funders. All applicants must speak with LSDF staff to determine if a pre-proposal may be submitted:

  • Program grants support large-scale life sciences commercialization-related initiatives. The maximum award is $1 million in total costs; a 1:3 cash match of LSDF funds is required. Up to $1.5 million is available through September 2015.
  • Project grants support studies to advance promising health-related technologies along the commercialization pathway. The maximum award is $500,000 in total costs; a 1:1 cash match of LSDF funds is required. Up to $3 million is available through September 2015.

For-profit entities are not eligible if they have received more than $500,000 in equity investment, including convertible debt.

Submission and review process:

  • Three cycles of pre-proposal review, proposal review, and awards by the LSDF Board of Trustees through September 2015.
  • There is no limit on the number of pre-proposals accepted per cycle, but only pre-proposals invited by LSDF will be reviewed.
  • Pre-proposals are reviewed every four to five months. An interview is not required at the pre-proposal stage.
  • Invited proposals are due approximately one month after pre-proposal evaluation and are reviewed within one month of receipt. Proposal reviews require a presentation and interview.
  • Awards are made approximately two months after proposal reviews.
  • An invitation to submit either a pre-proposal or a proposal is valid only for the applicable submission date that immediately follows that invitation. Invitations do not carry over to subsequent application cycles.

All applicants must submit a pre-proposal through LSDF’s online system to be considered for a grant. Only a subset of pre-proposals will be invited to submit a proposal.

There are no specific award allocations or quotas by applicant organization type (for-profit vs. non-profit). As awards are made, the remaining balance of funds will be available on this page.

Update December 15, 2014: Awards for Cycle 1 were announced in December 2014. 

Update March 9, 2015: Additional awards for Cycle 1 were announced in March 2015. 

Update May 21, 2015: Awards for Cycle 2 were announced in May 2015.

View Application Dates & Deadlines for Key Dates


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