Inaugural Investment Plan
The CARE Fund’s inaugural investment strategy consists of two funding areas. These areas were chosen through Board deliberation and represent high-impact strategies that can achieve the CARE Fund’s objectives and create a clear return on investment for Washingtonians.
Cancer research breakthroughs occur through the work of talented and well-resourced scientists. The CARE Fund supports recruitments of distinguished researchers from all over the world to bring their best-in-class talent to research organizations and companies in Washington.
Top scientists also move the research economy forward, creating laboratory and other jobs, raising awareness of cancer research, and bringing in additional research funding to the state. Recruitment at a mid- to senior- level has a demonstrated return on investment in terms of cancer research progress, job creation, and additional research funding.
The CARE Distinguished Researchers Program will match, dollar for dollar, Washington research institutions', organizations', and commercial entities' recruitment commitments up to $500,000 per recruitment, to add value to recruitment packages that bring leading cancer researchers to Washington. CARE grant funds may be used for any purpose (salaries, equipment, etc.) that advances the scholar's research.
Breakthrough Research Fund
Breakthroughs happen when the conditions are right. The CARE Fund sets the stage for new collaborations and innovative partnerships that can generate the next big discovery in cancer research. Can a tech firm and a clinical care team solve treatment adherence for a certain type of cancer? How much faster can laboratory research go with the advances of the machine learning sector?
The CARE Breakthrough Research Fund creates the conditions for solving the toughest problems and most persistent barriers in cancer research. We seek projects that are truly transformational, demonstrate a unique perspective, and, if successful, would have a tremendous impact on the cancer research field in Washington and nationally. To do so, the Fund will match contributions of a partnership or collaborative solving a critical problem or achieving a breakthrough, allowing them to double-down on their best ideas.
In the inaugural year, the Fund seeks proposals describing research focused on novel approaches with the potential for extended impact. The Breakthrough Research Fund is designed for researchers and collaborators to spark new approaches to cancer research that can translate to Washington jobs and additional research funding. Eligible applicants can range from universities, research institutions, and for-profit companies, to hospitals and clinics, and nonprofits in the State of Washington.
We want to hear from you!
Please contact us with any feedback, suggestions or concerns you have regarding the CARE Grant programs and application process. As with any new program, we anticipate opportunities for improvement and would love to hear your ideas.