Information for Investors and Government Officials Who Can Provide Funds

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'Fast grants' of up to $500,000 for COVID-19 research, with every grant decision made in less than 48 hours

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Starting April 12, every grant application will be approved or denied in less than 48 hours, after which researchers will receive payment "as quickly as your university can receive it."

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The fund, Fast Grants, has raised $10 million from 10 backers including Paul Graham, Stripe cofounders John and Patrick Collison, and LinkedIn cofounder Reid Hoffman. Backers say they were inspired by the World War II-era National Defense Research Committee, which sidestepped traditional grant approval processes to fund scientific research quickly.  

Blog Articles for Investors 

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