Nature's The Great Beyond reports that the European Research Council is funding 427 early career investigators €580 million in its third round of Starting Grants, which are worth up to €2 million each. According to Nature, 2,873 researchers applied for the awards this year. More than a third — 35.8 percent — of the grants fund life sciences research across the European Union. Researchers in the UK won 79 grants, "closely followed by France with 71 and Germany with 67," Nature adds. Máire Geoghegan-Quinn, Commissioner for Research, Innovation, and Science said in an ERC statement that she hopes that "we will see more Nobel prizes awarded to ERC-funded top talent."
Earlier this month, the National Institutes of Health rolled out its Early Independence Award program, which will fund 10 early career investigators $250,000 per year for five years to initiate independent labs.