New York Fund for Innovation in Research and Scientific Talent - NYFIRST

New Application Period Opens for NYFIRST! Applications can be submitted over 12-month period.

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Objective

The NYFIRST medical school grant program is designed to encourage the recruitment or retention of exceptional life science researchers and world-class talent at the state’s medical schools to accelerate translational research.

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Overview

NYFIRST makes available a maximum grant of $1.0 million to eligible institutional applicants. NYFIRST funds may be used to support the establishment or upgrading of laboratories for the recruited researcher, for the purchase of capital equipment and specialized supplies needed for their research, and as working capital to cover costs of professional staff (including staff scientists, postdoctoral fellows, and technicians, but excluding the recruited researcher) critical to the proposed research. Grantees are required to provide $2 in matching funds for every $1 of NYFIRST program assistance.

Program grant awards will be made through a competitive grant solicitation until the funds under this program are fully committed. An institution is allowed to submit just one application during each application cycle. An application cycle is the 12-month period starting when applications become available and ending on the application closing date. No more than one award will be made per applicant per application cycle.

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Eligibility

Only medical schools in New York State are eligible to apply for NYFIRST grants.

The scientific talent recruited or retained as a Principal Investigator to head a laboratory must have a history of translational research and must be pursuing research on an innovative solution for an unmet clinical need. A clear path to commercialization must be demonstrated. 

In addition, the scientific talent must:

  • Demonstrate a history of entrepreneurship, such as by patent applications, patent approvals and commercialization of research, and by success in obtaining funding. They must also have sufficient funding to support the research project being undertaken for the duration of the NYFIRST grant;
  • Be tenured or be on a tenure track;
  • Hire from outside of New York State or retain at least two scientists or doctoral students/post-doctoral fellows full-time (or four part-time); and
  • Be employed by an institution or company outside New York State when an offer of employment is made by the Applicant, or have a verifiable offer from an institution that would lead them to leave New York State.

The research to be undertaken must have the potential to result in significant life science economic development benefits in New York State, such as: the commercialization of life science products, technologies and other innovations; the creation and retention of full-time permanent jobs in the life sciences industry increased patent applications; patentable discoveries and patents licensed from medical schools: increased recruitment/retention of medical school faculty focused on translational research, expansion or enhancement of the translational research expertise, qualifications and capabilities residing within these medical schools; and increased federal and philanthropic funding, as well as venture capital funding, to medical schools awarded NYFIRST grants.

There are no restrictions with regard to the therapeutic area of research being pursued.

Eligibility requirements, funding criteria, and application requirements are detailed in the Life Sciences Initiative Program Guidelines for the New York Fund for Innovation in Research and Scientific Talent (NYFIRST) Program.

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Guidelines

Click here to view the updated NYFIRST Program Guidelines.

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Frequently Asked Questions

Click here to view Frequently Asked Questions.

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NYFIRST Recipients

The NYFIRST Program has enabled several New York medical schools to enrich their translational research capabilities and strengthened their offerings by recruiting exceptional translational researchers from across the nation. Click here to see a list of all NYFIRST recipient institutions and the researchers recruited.