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...other $5 million will support life sciences projects funded by the Accelerator Fund, which aims to speed scientific discoveries from the lab to the marketplace...
...Accelerator Fund, managed by Harvard’s Office of Technology Development, provides money to move research on technologies with promising market and scientific value from early stages to the point where they can be invested in by pharmaceutical companies or industry...
...There is a funding gap at this point—researchers might discover what appears to be a really useful molecule, but it needs more work before getting to the point where a company would be ready to make an investment in it,” said Harvard science spokesman B. D. Colen. “What the accelerator fund is meant to do is to bridge that...
Biomedical research is a public good that would not receive enough funding if left to private companies, so government support of such research is essential. In order to continue researching important treatments and keep America on the cutting edge of scientific development, Congress must continue to adequately fund institutions like...
...will. He has said repeatedly that he wants to invest our children's money wisely, but he's also anxious to blast money into the economy quickly while attracting bipartisan support and letting Congress work its will, so it's not clear how hard he'll push to fund his long-term agenda. But Obama should ignore the partisan gripes about the stimulus becoming a "Christmas tree." Congress is about to toss almost $1 trillion into the economy, which means that any stimulus is going to be a Christmas tree, no matter where the gifts are hidden. And in November...