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
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.
FreeMind did unbelievable job- and put in so many hrs today and all throughout the past few weeks. I don't think we could have done it without such help from FreeMind and all of you!
Many thanks for your excellent support. It was and continues to be our pleasure working with you, and we too look forward to embarking on a new grant project with you again soon.
Thank you all for your tireless, persistent efforts in pushing this through. We are now well positioned to let the considerable merits of our application shine through. Much appreciated.
From the Immusoft, Thank you again for your efforts and guidance during the assemblage of our SBIR grant. We have improved our grantsmanship as a result of FMG's involvement.
There is no way we would have been able to do it in such a short time without you.
Thank you for all your help!!!
After a powerful joint effort as usual, and many careful iterations of edits, this proposal looks top-notch! Thanks to all for your participation in the success of this submission. Thank you Freemind, in particular, your hard work has greatly improved this proposal, you have been a tremendous help, right up to the end.
Thank you very much. Writing this grant proposal has been very insightful to me, and the Freemind team made it a very smooth process.
I LOVE working with you guys!! ……..Your true entrepreneurial approach is just what I needed right now…….
FreeMind has added a lot of value to the proposal, driving us perfectly through the process, the exact role we were expecting
We are very satisfied with the role and involvement of FreeMind on our project. All has been submitted on time with a great interaction (and hard work) between our two teams.
Thanks so much for all of your help on this proposal! I am so grateful that you were available to work with us, and I don’t think we could have done it without you.
You did a fantastic job for Embolx and I continue to recommend FreeMind to entrepreneurs here is Silicon Valley.
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.
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.
UO1s, BAAs, RFPs implemented science and developmental awards with budgets of $3 million – $7 million per project
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
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
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
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.
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”
Biodefense and Infectious Diseases Non-dilutive Funding
The National Institute of Allergies and Infectious Diseases (NIAID) awards close to $6,000,000,000 annually. Taking into account activities by DTRA, DARPA, US Army, BARDA etc. this is a funding force no one in the field can afford to ignore.
Funding beyond the SBIR/STTR; RO1s and R21s for Companies
Every year NIH alone awards over $120,000,000 via R’-Mechanisms, among them the RO1 or R21. In order to maximize your funding potential all sources of funding must be considered including the less traditional sources.
R21s aim to fund very early stage proof of concept type programs of up to 2 years at about $300,000, whereas RO1s are more suitable for longer programs of up to 5 years, totaling some $3,000,000.
In this webinar FreeMind experts will share insight into alternatives to the classic SBIR/STTR mechanisms. We will discuss methodology for establishing both responsiveness as well as competitiveness and how to increase chances for award.
Non-Dilutive funding for Non-US applicants
Non-US applicants are eligible for the majority of the non-dilutive pockets of money including NIH, Department of Defense, BARDA etc. Currently, the National Institutes of Health (NIH) are actively funding 1,124 projects amounting to $1.3B, taking place outside the US and awarded to non-US applicant organizations. And, when taking into account collaborations and partnerships between domestic and foreign entities, the funded R&D dollars outside the US even exceed the above.
In this presentation we will provide insight into the non-dilutive funding landscape with an emphasis on the NIH, Department of Defense and other government agencies. FreeMind experts will describe the various pockets of money available for non-US applicants, potential for funding, and means to maximize chances for award.
Cancer Non-dilutive Funding
NIH alone awards roughly $5.8B annually to Cancer related R&D grants and contracts. The scope of funding support covers much of the R&D cycle with an emphasis on pre-clinical work, and may cover clinical stage activities as well.
In the upcoming webinar in the series of summer educational webinars, FreeMind’s VP, Ayal Ronen, will discuss key cancer related opportunities, mainly within the National Cancer Institute (NCI), that are available for Life Science organizations.
CNS/PNS Related Non-Dilutive Funding Opportunities
Within the non-dilutive funding space one can find pockets of money in the billions of dollars directed at unmet medical needs related to CNS/PNS ailments. The scope of funding support covers much of the R&D cycle from proof of concept to late stage clinical.
In the webinar in the series of summer educational webinars FreeMind experts will discuss key CNS/PNS related funding opportunities, with an emphasis on NINDS, NIA, and NIMH.
Details of a Detailed Budget; Accurately Constructed and well Justified
Assembling a budget for your grant is typically the last item to be addressed. Reason being that the figures you are suggesting must reflect the work you are proposing to complete.
That said, simply stating the cost per item is hardly enough, and a properly constructed justification is mandatory and weighs heavily on approval of your budget. When comprising the budget one must ensure an accurate completion of the document while adhering to NIH guidelines and stipulations. Items such as indirect costs, sub-contractors, sub-awards, salaries, and even travel expenses must be completed correctly. This becomes increasingly difficult when large and complex applications have several budgets feeding into one.
Medical Device Non-Dilutive Funding: Trends & Opportunities
In a world in which both medical diagnostics and therapies are shifting towards minimally invasive technologies, it is not surprising that steadily increasing non-dilutive funding is available for innovative medical device companies.
The scope of funding support covers the entire R&D cycle, from early stage exploratory and discovery work all the way to late stage clinical research and validation.
In the webinar in the series of summer educational webinars FreeMind experts will discuss the latest trends at the NIH and the new available funding opportunities with respect to medical devices.
Introduction to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Funding Opportunities
SBIR/STTR awards account for over $780,000,000 awarded per year by NIH alone. These are excellent sources of funding aimed at promoting R&D activities of small businesses as well as collaborations with Academics.
SBIR/STTRs differ from traditional NIH mechanisms in that they are highly product driven and ultimately are seeking commercialization of novel therapies, diagnostics, devices, etc.
In this webinar we will discuss process for applying, guidelines, key success components and insight into increasing chances for award.
Registration ins and outs; smooth sailing to an error free submission
Registration is a multi-step process that can take 8 weeks or more and MUST be completed before the submission deadline. Organizations must be registered with the System for Award Management (SAM), Grants.gov and eRA Commons.
The registration process is not sequential. As soon as an organization has obtained its DUNS number, it can begin registering with SAM and then Grants.gov and eRA Commons.
All too often organizations struggle with the registration process. This leads to rejected applications and frustration.
In this webinar FreeMind experts provided a step by step guide to the registration process.
The webinars are designed for first timers as well as seasoned grantees. FreeMind experts will share their insight into various areas of interest as they relate to non-dilutive sources of funding and how to maximize chances for award.
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