The challenge

Securing research funding

“With a static federal budget, and increase in the number of grant applications, you need all the funding intelligence you can get in order to compete.” Assistant Director, Sponsored Programs

With research becoming increasingly interdisciplinary and collaborative, it is critical for researchers and research administrators to have access to reliable research funding information.

Grant history is an important indicator for the future. Historical award data can provide a basis for crafting a forward-looking approach to determine the right funding strategy. Award data linked to funding opportunities and publication information provides key insight into the funding environment, critical to successfully selecting and competing for opportunities.

“Juniors [new researchers] are key.  They will need to show preliminary results to get them to their first NIH grant.  They need seed money, grants to get there, smaller grants, e.g. in the $50,000 to $150,000 range.” Manager, Pre-Award Office.

Only one in five proposals is accepted in the U.S. and the ratio is even lower for junior researchers. What’s more, an Elsevier study shows that researchers spend an average of 30% of their time on securing funding. This emphasizes the need to choose wisely based on limited time and resources. 

The ideal funding intelligence solution would address the following:

 

  • Which funding opportunities are most relevant to me?
  • How do I determine whether an opportunity is worth pursuing?
  • How do I stay up to date regarding new and emerging sources of funding?
  • What research projects were awarded in the past?
  • What publications are related to those awards?


Find out how SciVal Funding can help identify the most relevant funding opportunities and make your proposals more competitive.
Click here.