The Damon Runyon Cancer Research Foundation announces a new initiative, the Innovative Ventures in Early-Stage Technologies (InVEST) Program.
The program establishes a manner through which Damon Runyon will invest in healthcare- or research-related companies founded by Damon Runyon alumni or current Damon Runyon-Rachleff Innovators or Damon Runyon Clinical Investigators.
The program will provide a $50,000 investment to support any new company started by Damon Runyon scientists who activated their Damon Runyon awards on or after January 1, 2000. Currently funded Damon Runyon scientists who are in mentored positions are not eligible to request support. Investments will be limited to companies that are raising seed or Series A rounds and are less than three years old.
Requests will be accepted on a rolling basis each fiscal year (July 1-June 30). To ensure consideration within the current fiscal year, applications must be submitted no later than June 1. Applications received after this date will be reviewed in the following fiscal year.
If you have any questions, please email InVEST@damonrunyon.org