2014 Non-Dilutive Funding Summit Keynote Presentation – Ram May-Ron, Managing Partner, FreeMind Group





The FreeMind Group is the premier international consulting firm specializing in assisting life science organizations secure non-dilutive funding from US Federal Agencies and Private Foundations.


The FreeMind Group turns non-dilutive funding into a strategic source of funding for life science organizations



Established in 1999, FreeMind is the largest consulting group of its kind with over 400 active clients, academics and Industry alike. Our goal is to assist in maximizing potential to receive funding from non-dilutive sources. We have experience in seeking funding from nearly all NIH Institutes, Department of Defense, NSF, FDA, BARDA, etc., as well as private foundations.


FreeMind’s knowledgeable and experienced team of Analysts and Project Managers are dedicated to guiding non-dilutive funding efforts from identification of the most suitable opportunity through to submission and subsequent award. Our expertise in applying for grants and contracts extends throughout every government mechanism as well as private foundations open to funding the life sciences.


FreeMind’s proven long-term strategic approach has garnered its clients over 1.5 billion dollars to date. Awards range from $150,000 to $100,000,000 per project. Our team of experts will assist in making non-dilutive funding a key tool in a long-term sound financial strategy.


Ram May-Ron
Ram May-Ron
Managing Partner
Ariel Shatz
Ariel Shatz
Executive Vice President
Ayal Ronen, M.Sc., MBA
Ayal Ronen, M.Sc., MBA
Vice President
Guy Har-Chen, M.Sc., MBA
Guy Har-Chen, M.Sc., MBA
Chief Analyst
Joel Knopf, M.Sc., MBA
Joel Knopf, M.Sc., MBA
Manager of Consulting Services
Merav Geva, Ph.D.
Merav Geva, Ph.D.
Senior Analyst
Sigal Katz, Ph.D.
Sigal Katz, Ph.D.
Senior Analyst
Inna Grodzovski, Ph.D.
Inna Grodzovski, Ph.D.
Senior Analyst

Strategic Partners

  • IIR
  • LSN_logo
  • Medical Device Group
  • Galien Logo
  • OBN
  • wbr
  • advamed
  • elsevier
  • sachs_lge
  • ibf
  • ebd-group
  • onemedplace
  • tvg
  • gtc-bio
  • oregon-bio
  • pa-bio

Services at a Glance

Core Services:

  1. STRATEGIC ASSESSMENT  – Identification and strategy as to applicable funding sources
  2. GRANT PRODUCTION PROCESS - Maximizing chances for a award utilizing a proven strategic approach


FreeMind’s professional staff has assisted in attaining funding for R&D activities from all available sources and mechanisms stemming primarily from the National Institutes of Health (NIH) as well as Department of Defense (DoD).


We have helped organizations across the life sciences secure funding from these zero-equity sources. We have worked with many academic institutions, as well as industry members from small start-ups through large pharmaceutical companies.




Large Scale Funding

Multidisciplinary grants and contracts available for pre-clinical as well as clinical stage research with budgets of $10 million - $150 million per project


Small Business Research and Development grants can be budgeted $150,000 for SBIR/STTR Phase I awards and up to $2 million  for SBIR/STTR Phase II awards.

Targeted Solicitations

UO1s, BAAs, RFPs implemented science and developmental awards with budgets of $3 million – $7 million per project

R21s, and R01s

Basic research, preclinical, and unsolicited grants focusing on early as well as late-stage preclinical research and can be budgeted $1 million – $3 million per project


The Process


Strategic Assesment

This step is designed to provide a robust, long-term, multi-submission strategy for each pipeline project. FreeMind is well versed in the interests, goals and agendas of each NIH Institute. We review the suitability of a proposed project, taking into consideration the significance to public health, innovative factor, strength of research approach, and specific concerns regarding the nature of the project


Macro Application Strategy

First, we outline the specific aims and scope of work. Next, the size of the budget is set, and collaborators, subcontractors, and consultants needed for a complete and rounded project are delineated. We devise a timeline and an orderly division of responsibilities in order to facilitate a timely and thorough completion of tasks

Grant production process

Project managers draft comprehensive templates. From this point, the writing effort is combined and is largely based on on-going feedback, comments and edits inserted by the project managers and in response to portions implemented by the client. The iterative review concludes when a well structured scientifically sound application with all items accounted for materializes.

Submission and follow up

After extensive editing and formatting, the application is ready for submission. Post-submission, project managers track the application and when applicable assists in the award negotiation phase. FreeMind closely follows all deadlines for supplementary data, study section reviews, and final decision by the granting agency

FreeMind’s knowledgeable and experienced team of Analysts and Project Managers are dedicated to guiding non-dilutive funding efforts from identification of the most suitable opportunity through to submission and subsequent award



Non Dilutive Funding - Non di-lu’-tive Fund-ing

1. funding – financial resources provided to make some project possible; “the National Institute of Health (NIH) provided support for the experiment”

2. non-dilutive funding – the act of financing R&D activity not traded for public securities and/or shares of a commercial entity; “The FreeMind Group assisted in securing non-dilutive funding from the Department of Defense for a Phase II clinical trial”


FreeMind’s knowledgeable team of expert grant writers share their wisdom on how to maximize chances for award.

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