Monday, May 11, 2009
Gates Foundation Announces 81 $100,000 Grants for Novel Health Initiatives and $73 Million to Help Small Farmers in Impoverished Countires
The Associated Press reported last week that the Bill and Melinda Gates Foundation has selected 81 unconventional health research projects from around the world for funding. The projects range from exploring using tomatoes to deliver antiviral drugs to researching whether magnets can help diagnose malaria. The Foundation in its press release announcing the grants said they represented the second found of the Foundation's Grand Challenges Explorations initiative, which awarded 104 grants in October 2008 in its first round. Researchers receiving the grants are located in 17 countries. The AP story also noted that the Foundation recently announced a $73 million, five-year program to develop drought-tolerant corn, to improve irrigation, and to support other programs to help small farmers in developing countries. Additional coverage of the latter program is available from a separate AP story published at Forbes.com.