Funding Opportunities

In addition to promoting new start-up companies, Foundation Venture Capital Group’s parent company, New Jersey Health Foundation, has several other programs to support research in New Jersey.

  • Annual Grants Program
  • Innovation Stage Funding Program
  • Foundation Venture Capital Group Investments

Annual Grants Program

The New Jersey Health Foundation Grants Program provides seed and bridge funding with grants up to $35,000 each for research projects and education programs. Grants must be used to fund only direct program costs.*

Many scientists who have received this early funding for their work in the past have used it to advance their research to stages where they have become eligible for significant additional funding from state and national agencies.

New guidelines and application forms will be available in the fall. Please check back periodically for more information.

* Grants provided cannot be used to fund overhead, indirect or investment management fees

Innovation Stage Funding Program

To help meet an unmet funding need to advance research, New Jersey Health Foundation established the New Jersey Health Innovation Stage Funding Program.

Grants from $10,000 up to a maximum of $50,000 each are available to researchers with promising ideas that may lead to developing patents or intellectual property. Grants must be used to fund only direct program costs.*

New guidelines and application forms will be available in the fall. Please check back periodically for more information.

* Grants provided cannot be used to fund overhead, indirect or investment management fees.

Foundation Venture Capital Group Investments

With an initial $5 million from New Jersey Health Foundation, Foundation Venture Capital Group was founded in 2006 to invest in life science start-ups with the potential to move research or products to commercialization. An additional $5 million was recently allocated for investment.

Companies can receive up to $500,000 each. Not only does FVCG provide vital pre-seed funding but it also performs all the other business transactions associated with starting a business so that company founders can concentrate on advancing their research. Investments must be used to fund only direct program costs.*

For more information about FVCG's current investment portfolio, click here.

* Investments provided cannot be used to fund overhead, indirect or investment management fees.