CIRM grants delayed

The governing board of the California stem cell agency is delaying $58 million in new grants until March to wait out the poor economy and credit market. The linkurl:California Institute for Regenerative Medicine;http://www.cirm.ca.gov/ was created in 2004 with $3 billion in borrowing power to push stem cell research forward in the state. Since then, it has awarded almost $700 million in research and training grants to universities, institutes and research companies. On Friday, CIRM's board mem

| 1 min read

Register for free to listen to this article
Listen with Speechify
0:00
1:00
Share
The governing board of the California stem cell agency is delaying $58 million in new grants until March to wait out the poor economy and credit market. The linkurl:California Institute for Regenerative Medicine;http://www.cirm.ca.gov/ was created in 2004 with $3 billion in borrowing power to push stem cell research forward in the state. Since then, it has awarded almost $700 million in research and training grants to universities, institutes and research companies. On Friday, CIRM's board members tentatively earmarked an additional $58 million for training researchers at six San Francisco-area institutions including Stanford University, the University of California, San Francisco, and UC Berkeley. But citing weaknesses in the bond market,
the board opted to reassess the situation in March before financing the new projects. The board has enough cash to support existing grant commitments through September, according to the__ linkurl:San Francisco Chronicle.;http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/01/31/BA6A15KI27.DTL
**Related stories:__***linkurl:CIRM cuts ten grants;http://www.the-scientist.com/blog/display/53978/
[7th December 2007]*linkurl:Calif. court okays stem cell funding;http://www.the-scientist.com/news/display/53199/
[17th May 2007]*linkurl:California stem cell plans stalled, but alive;http://www.the-scientist.com/news/display/23097/
[8th February 2006]
Interested in reading more?

Become a Member of

The Scientist Logo
Receive full access to more than 35 years of archives, as well as TS Digest, digital editions of The Scientist, feature stories, and much more!
Already a member? Login Here

Meet the Author

  • Elie Dolgin

    This person does not yet have a bio.
Share
Image of a woman in a microbiology lab whose hair is caught on fire from a Bunsen burner.
April 1, 2025, Issue 1

Bunsen Burners and Bad Hair Days

Lab safety rules dictate that one must tie back long hair. Rosemarie Hansen learned the hard way when an open flame turned her locks into a lesson.

View this Issue
Conceptual image of biochemical laboratory sample preparation showing glassware and chemical formulas in the foreground and a scientist holding a pipette in the background.

Taking the Guesswork Out of Quality Control Standards

sartorius logo
An illustration of PFAS bubbles in front of a blue sky with clouds.

PFAS: The Forever Chemicals

sartorius logo
Unlocking the Unattainable in Gene Construction

Unlocking the Unattainable in Gene Construction

dna-script-primarylogo-digital
Concept illustration of acoustic waves and ripples.

Comparing Analytical Solutions for High-Throughput Drug Discovery

sciex

Products

Atelerix

Atelerix signs exclusive agreement with MineBio to establish distribution channel for non-cryogenic cell preservation solutions in China

Green Cooling

Thermo Scientific™ Centrifuges with GreenCool Technology

Thermo Fisher Logo
Singleron Avatar

Singleron Biotechnologies and Hamilton Bonaduz AG Announce the Launch of Tensor to Advance Single Cell Sequencing Automation

Zymo Research Logo

Zymo Research Launches Research Grant to Empower Mapping the RNome