NEW YORK (GenomeWeb News) – The National Institutes of Health plans to grant at least $5 million in stimulus funding to fuel development of high-risk and high-reward biomedical research in small businesses.

Funded under the American Recovery and Reinvestment Act, the "Small Business Catalyst Awards for Accelerating Innovative Research" program will award between 20 and 25 grants of around $200,000 in fiscal 2010.

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