What is Research Funding? 2024 Expert Guide for Beginners

Ever wondered how groundbreaking scientific discoveries get off the ground? It all starts with research funding. In 2024, understanding the ins and outs of securing financial support for your research is more crucial than ever.

Whether you're a seasoned scientist or just starting your academic journey, navigating the complex world of research funding can be daunting.

This expert guide will demystify the process, offering valuable insights for beginners and seasoned researchers alike. We'll explore the essentials of research funding, from government grants to private sector support, and provide practical tips for crafting winning proposals.

Key takeaways:

  • Definition and importance of research funding in driving innovation
  • Overview of different funding sources and their unique characteristics
  • Strategies for preparing strong research proposals
  • Tips for effective fund management and research team building
  • Tools and resources to streamline your funding search and application process (including our own grant application platform: Pre-award)

Buckle up as we dive into the world of research funding, equipping you with the knowledge to turn your scientific aspirations into reality. Whether you're looking to cure diseases, develop new technologies, or push the boundaries of human knowledge, understanding how to secure and manage research funding is your first step towards making a lasting impact in your field.

What is research funding?

Research funding is the financial support provided to researchers and institutions to conduct studies, experiments, and investigations that push the boundaries of human knowledge. This crucial resource enables scientists to explore new ideas, develop cutting-edge technologies, and tackle some of the world's most pressing challenges.

Definition and importance

Research funding covers a wide range of expenses, from personnel costs and equipment purchases to facility maintenance and data analysis. It's the fuel that powers scientific progress, driving advancements in fields as diverse as medicine, technology, environmental science, and beyond.

The importance of research funding cannot be overstated:

  • Catalyst for innovation: It enables researchers to access cutting-edge technologies, specialized equipment, and expert collaborations, facilitating the transition from ideation to tangible contributions to human knowledge.
  • Global impact: Research plays a significant role in influencing decisions and policies across various sectors, contributing to the expansion of our understanding of the world and finding solutions to global issues.
  • Economic driver: Well-funded research can lead to innovations that create new industries, generate jobs, and drive economic growth.

Consider, for example, the rapid development of COVID-19 vaccines. This unprecedented achievement was made possible by substantial research funding that allowed scientists to work at an extraordinary pace.

Global research expenditure trends paint an encouraging picture. Between 2014 and 2018, worldwide spending on research increased by an impressive 19.2% - growing three times faster than the global population. This surge in investment reflects a growing recognition of the critical role of research funding in addressing global challenges and driving economic growth.

However, this trend also highlights the increasingly competitive nature of securing funding. As the pool of researchers expands faster than the global population, the competition for limited resources becomes more intense. This underscores the need for researchers to be strategic and compelling in their funding applications.

Key stakeholders in research funding

The research funding ecosystem involves a diverse array of stakeholders, each playing a vital role in the process.

Funders

  • Government agencies: Bodies like the National Institutes of Health (NIH) in the United States allocate substantial funds based on national priorities. Their support is often crucial for large-scale, long-term research projects.
  • Private corporations: Companies, particularly in sectors like pharmaceuticals and technology, invest heavily in research that aligns with their business interests. This private funding can lead to rapid innovations and practical applications.
  • Academic institutions: Universities and research institutes not only conduct research but also provide funding through internal grants, scholarships, and fellowships.

Researchers and research teams

Researchers are the driving force behind scientific discovery. They:

  • Identify funding opportunities
  • Prepare grant proposals
  • Manage funded projects
  • Build relationships with potential funders and peers
  • Engage in interdisciplinary collaborations, which are increasingly favored by funders due to their potential for broader impact

Their success in securing funding often determines their career trajectory and the impact of their work.

Beneficiaries of research outcomes and societal impact

The benefits of research extend far beyond the scientific community:

  • Public health: Research outcomes can lead to breakthroughs in medical treatments, public health policies, and disease prevention.
  • Economic growth: Innovations stemming from research can create new industries, jobs, and technologies, contributing to national competitiveness.
  • Societal benefits: Research can address various issues, such as environmental sustainability, education, and social welfare, leading to improvements in quality of life and policy decisions.

The research funding ecosystem

Flow of funding

The process of funding flowing from sources to researchers typically involves:

  • Competitive applications
  • Peer reviews
  • Detailed project proposals

Researchers must articulate not only the scientific merit of their work but also its potential impact and feasibility. This often includes preparing an executive summary, a statement of need, a project description, a desired budget, and organizational information.

Role of intermediaries

Universities and research institutes play a crucial role in this ecosystem. They:

  • Manage fund distribution
  • Provide administrative support
  • Ensure compliance with funding guidelines
  • Offer resources to help researchers navigate the funding landscape, including grant-writing workshops and mentorship programmes

Impact on research output, innovation, and economic growth

The impact of research funding is profound:

  • Research output: Well-funded projects can lead to more comprehensive studies, yielding robust and reliable findings. This can support large-scale data collection and advanced statistical analysis.
  • Innovation: Adequate funding increases the likelihood of innovative discoveries and technological advancements. The integration of AI technologies in grant writing and research management is becoming increasingly important for enhancing the efficiency and effectiveness of the funding process.
  • Economic growth: Research can spark innovations that create new industries, generate jobs, and drive economic growth. For instance, research in biotechnology has led to groundbreaking medical treatments and the emergence of entirely new sectors within the healthcare industry.
Bottom line:
  • Research funding is essential for scientific progress and innovation, enabling access to necessary resources and infrastructure
  • Global investment in research is growing, but competition for funding is intensifying
  • Key stakeholders include diverse funders, researchers, and society at large, each playing crucial roles in the funding ecosystem
  • The funding process involves a complex flow of resources, managed by various intermediaries
  • Well-funded research has far-reaching impacts on scientific output, innovation, and economic growth
  • Securing funding requires strategic planning, thorough preparation, and compelling proposals from researchers
  • The societal benefits of research funding are immense, touching virtually every aspect of our lives, from public health to economic development and social welfare

Types of Research Funding

In the ever-evolving landscape of scientific discovery and innovation, understanding the various types of research funding is crucial for researchers at all stages of their careers.

Let's dive into the three main categories of research funding: government, private sector, and non-profit/foundation support.

Government Funding

Government grants are the backbone of research funding, playing a vital role in advancing knowledge and addressing societal challenges. These grants are particularly important for supporting research that may not have immediate commercial applications but holds significant potential for public benefit.

Two primary government funding agencies in the United States are the National Science Foundation (NSF) and the National Institutes of Health (NIH). The NSF stands out for its emphasis on merit-based review and encouragement of interdisciplinary and convergence research. With a substantial budget of approximately $49.9 billion for 2024, the NIH is a powerhouse in supporting biomedical and health-related research, covering a broad spectrum from basic science to translational studies.

While government funding provides essential support, it faces challenges such as budget constraints and intense competition for limited funds. The rigorous merit review processes, while ensuring fairness, can be time-consuming and demanding for researchers.

Private Sector Funding

Corporate research grants offer another avenue for funding, often with a more targeted focus on specific industry needs or technological advancements. Tech giants like Google and Microsoft provide grants that align with their interests in areas such as artificial intelligence and machine learning.

Industry-academia collaborations are a key component of private sector funding. These partnerships can provide researchers with access to cutting-edge resources and expertise, as well as opportunities to see their work applied in real-world settings. However, it's important to be aware of potential conflicts that can arise from differing priorities between academic and commercial interests.

For research-based startups, venture capital can be a game-changer. Firms like Sequoia Capital and Andreessen Horowitz are known for investing in innovative startups with high growth potential. While this funding can accelerate research and development, it often comes with high expectations for rapid growth and returns, which can sometimes create pressure to prioritize commercialization over pure research.

Non-Profit, Foundation, and Individual Support

Philanthropic organizations play a crucial role in the research funding ecosystem, often supporting areas that might be overlooked by government or corporate funders. These organizations can be particularly valuable for niche or high-risk research projects.

For example, the American Foundation for Suicide Prevention (AFSP) offers various grants focusing on suicide prevention research. Their funding priorities include studying ethnic and racial diversity in suicide prevention, understudied populations, and survivors of suicide loss. Similarly, the William T. Grant Foundation supports research aimed at improving the lives of young people in the United States, offering grants ranging from $25,000 to $1,000,000.

Individual researchers also have access to scholarships, fellowships, and even crowdfunding platforms. The AFSP, for instance, offers Early Career Researcher Innovation Grants and Postdoctoral Research Fellowship Innovation Grants, providing crucial support for researchers at the beginning of their careers.

To find and apply for these diverse funding opportunities, researchers should utilize online resources such as funding databases and portals like ResearchProfessional.com. Networking at research conferences and joining professional associations can also uncover new funding avenues. Most importantly, tailoring proposals to align with the specific focus areas and priorities of each funding agency is crucial for success.

Bottom Line Key Insights:
  • Government funding, led by agencies like NSF and NIH, is crucial for public good research but faces budget constraints and competition.
  • Private sector funding offers resources and practical applications but may come with commercialization pressures.
  • Industry-academia collaborations provide unique opportunities but require careful management of differing priorities.
  • Philanthropic organizations fill critical gaps, supporting niche and high-risk research projects.
  • Diverse funding options, including scholarships and crowdfunding, are available for individual researchers.
  • Strategic proposal preparation and alignment with funder priorities are essential for securing grants.
  • Trends in research funding include emphasis on interdisciplinary and convergence research.
  • Researchers should utilize various resources, including online databases and networking, to find suitable funding opportunities.

By understanding these diverse funding sources and their unique characteristics, researchers can strategically approach their funding needs and maximize their chances of securing support for their important work.

Preparing for Research Funding

Securing research funding is a crucial step in advancing scientific knowledge and innovation.

This section explores key aspects of preparing for research funding, from understanding the funding process to staying informed about opportunities.

Understanding the Funding Process

The research funding journey is a cyclical process requiring careful planning and execution at each stage.

Grant Application Cycle Overview

  1. Idea Generation: Identify research gaps and align ideas with funding priorities. For instance, the National Institute of Mental Health (NIMH) emphasises aligning research with their Strategic Plan for Research.
  2. Literature Review: Conduct a thorough review of existing research to refine your research question and demonstrate its relevance.
  3. Proposal Development: Craft a detailed proposal including objectives, methodology, expected outcomes, and budget. Ensure all essential components are included.
  4. Submission: Submit your proposal through the appropriate funding service, such as the Joint Electronic Submissions (Je-S) system or UKRI Funding Service.
  5. Review and Evaluation: Proposals are assessed based on criteria such as impact, feasibility, and alignment with funding priorities.
  6. Award and Project Management: If successful, manage your project according to the funding agency's guidelines.

Key Steps and Challenges

Before applying:

  • Check eligibility requirements
  • Familiarise yourself with funding agency rules, especially for budgeting
  • Obtain necessary ethical approvals (using Ethics & Compliance Software to make it quick and simple)

Be prepared for common challenges:

  • High Competition: With success rates around 20%, competition is fierce. Stand out by aligning closely with funding priorities and demonstrating potential impact.
  • Complex Application Processes: Seek guidance from funding agencies and consider using AI tools for support.
  • Time Management: Start early and use tools to streamline the application process. Consider attending training programmes to improve your skills.

Developing a Strong Research Proposal

A compelling research proposal is crucial for securing funding. Here's how to make yours stand out:

Essential Components

  1. Clear Objectives: Define your research questions and objectives unambiguously.
  2. Robust Methodology: Provide a detailed description of your research design and methods.
  3. Expected Outcomes: Articulate the anticipated outcomes and their significance.
  4. Detailed Budget: Include a comprehensive budget with justification for all costs.
  5. Strong Team: Highlight your research team's expertise and any collaborations.

Tips for Success

  • Align your proposal with the funding agency's priorities and strategic goals.
  • Write clearly and concisely, using headings and a table of contents to enhance readability.
  • Emphasise the potential impact and significance of your research.

Common Pitfalls to Avoid

  • Vague or unclear objectives and methodologies
  • Insufficient budget justification
  • Poor writing quality

Consider using professional grant writing services to tailor your proposal to specific agencies and avoid these common pitfalls.

Building Your Research Profile

A strong research profile significantly enhances your chances of securing funding:

  1. Publication Record: Focus on building a robust publication record to demonstrate expertise and credibility.
  2. Citation Impact: Aim for high citation impact to indicate the significance and influence of your research.
  3. Networking: Attend conferences and workshops to build relationships and stay updated on the latest developments.
  4. Collaboration: Seek out collaboration opportunities to enhance your research profile and lead to more impactful projects.
  5. Develop a Unique Niche: Identify and focus on a specific research area to establish yourself as an expert.

Staying Informed About Funding Opportunities

To maximise your chances of securing funding:

  1. Use Funding Databases: Utilise resources like GrantStation to identify potential funders.
  2. Check Funding Agency Websites: Regularly visit relevant funding agency websites for updates on new opportunities and changing priorities.
  3. Set Up Alerts: Use email alerts and RSS feeds to stay notified about new funding calls.
  4. Leverage AI Tools: Consider using AI-powered tools to match your skills with funding opportunities and assist in writing grant applications.
  5. Follow Funding Trends: Review annual reports from funding agencies and follow funding trends reports to understand changing priorities.
  6. Continuous Learning: Participate in workshops and training programmes to improve your grant writing skills and stay updated on funding trends.
Bottom Line: Key Insights
  • Understand the grant application cycle and align your proposal with funding priorities.
  • Develop a clear, well-structured research proposal addressing all essential components.
  • Build a robust research profile through publications, collaborations, and a unique research niche.
  • Stay proactive in finding funding opportunities using databases, alerts, and AI tools.
  • Address common challenges through effective strategies and available resources.
  • Continuously improve your skills and knowledge to enhance your funding success.

Writing a Successful Funding Proposal

Crafting a winning research funding proposal requires a strategic blend of compelling storytelling, meticulous planning, and ethical consideration.

Let's explore the key elements that will help you create a proposal that stands out and secures the funding you need.

Crafting a Compelling Narrative

The heart of your proposal lies in its narrative. This is where you'll tell the story of your research, captivating the funders and convincing them of its importance.

Structure your proposal effectively using this framework:

  1. Executive summary
  2. Statement of need
  3. Detailed project description
  4. Comprehensive budget
  5. Organizational information

When articulating the significance of your research, focus on addressing critical gaps in your field. For instance, if you're researching new treatments for a rare disease, highlight how your work could potentially improve the lives of patients with limited options.

Emphasize innovation by explaining how your approach breaks new ground. Are you using cutting-edge technology or applying existing methods in novel ways? Make these innovative aspects clear.

Align your proposal with the funder's priorities. Research the funding body thoroughly and tailor your language accordingly. If they focus on practical applications, emphasize potential tangible benefits. If they value interdisciplinary work, highlight any cross-field collaborations.

Budgeting and Resource Planning

A well-crafted budget is crucial for a successful proposal. It demonstrates your ability to manage resources effectively and provides a clear picture of fund allocation.

Create a realistic and detailed budget that accounts for all necessary costs, including:

  • Personnel costs (salaries, benefits)
  • Equipment and supplies
  • Travel expenses
  • Overhead costs

Justify each expense, explaining its contribution to the project's success. For example, if budgeting for specialized equipment, explain its essentiality and intended use.

Demonstrate value for money by highlighting cost-saving measures or efficiencies. Perhaps you've secured discounted rates from suppliers or have access to shared resources that reduce overall costs.

Addressing Ethical Considerations and Compliance

Ethical considerations are paramount in research. Show that you've thought carefully about potential ethical issues and have plans to address them.

Incorporate relevant ethical frameworks into your proposal. If your research involves human subjects, explain how you'll ensure informed consent and protect participant privacy.

Ensure compliance with all regulatory requirements and funder policies. This might involve obtaining approval from ethics committees or adhering to specific data management practices.

Demonstrate awareness of potential ethical challenges that could arise during your research. For example, if conducting environmental research, address how you'll minimize any impact on local ecosystems.

Tailoring Proposals and Leveraging Support

Remember, one size doesn't fit all when it comes to funding proposals. Customize your proposal for each specific funding body or grant type.

Use the funder's language and address their specific priorities. If they emphasize collaborative research, highlight any partnerships or interdisciplinary aspects of your project.

Utilize institutional support such as grant writing workshops or dedicated staff assistance. These resources can be invaluable in refining your proposal.

Consider professional grant writing services if you're new to the process or tackling a particularly complex proposal. These experts can help you navigate the intricacies of proposal writing and increase your chances of success.

Lastly, seek peer review and feedback. Fresh eyes can spot potential weaknesses or areas for improvement that you might have missed.

Bottom line:
  • Structure your proposal clearly and logically, including an executive summary, statement of need, project description, budget, and organizational information
  • Articulate the significance and potential impact of your research, highlighting how it addresses critical gaps in your field
  • Align your proposal with the funder's priorities, using their language and addressing their specific focus areas
  • Create a realistic, detailed budget that demonstrates value for money and justifies each expense
  • Address ethical considerations and ensure regulatory compliance, incorporating relevant ethical frameworks
  • Customize your proposal for each funding body, tailoring the language and content to their specific requirements
  • Utilize available support, including institutional resources and professional services, to refine your proposal
  • Seek feedback and peer review to identify areas for improvement and strengthen your proposal

By focusing on these key aspects, you'll be well-equipped to craft a compelling funding proposal that stands out from the crowd and increases your chances of securing the resources you need for your research. Understanding the fundamentals of research funding is crucial for success in this competitive field.

Managing Research Funding

Securing funding for your research project is just the beginning. Effective management of these resources is crucial for achieving your research goals and maintaining long-term sustainability. Let's explore the key aspects of managing research funding to ensure your project's success.

Effective Fund Administration

Proper fund administration is the backbone of any successful research project. Set up a robust system for financial management and tracking, starting with detailed budgeting that aligns with your funder's requirements. For instance, National Institutes of Health (NIH) grants require comprehensive budgets including both direct and indirect costs.

Invest in financial management software like QuickBooks or specialized grant management systems such as GrantHub to streamline tracking and reporting processes. These systems should generate reports meeting specific funder requirements, such as the NIH's annual progress reports.

Establish clear policies for procurement, travel, and other expenses to ensure transparency and accountability. Align these policies with relevant regulations, such as the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 CFR 200) for U.S. federal grants.

Meeting reporting requirements is crucial. Understand each funding agency's specific requirements from the outset. For example, NIH grants typically require detailed annual progress reports covering project progress, challenges, and outcomes. Adhere to best practices in grant reporting by providing clear, concise, and timely updates.

Stay compliant with funder regulations and policies by keeping abreast of regulatory updates. Conduct regular internal audits or reviews to ensure compliance, maintaining detailed records of all compliance activities for transparency and accountability.

Building and Managing Research Teams

Recruiting and retaining talented researchers requires a multifaceted approach. Develop competitive compensation packages including salaries, benefits, and professional development opportunities. Offer fellowships, training programs, and clear career advancement paths to attract top talent.

Foster a positive work environment that encourages collaboration, innovation, and work-life balance. Implement team-building activities, flexible work arrangements, and recognition programs to celebrate achievements.

Encourage open communication through regular meetings, workshops, and collaborative projects. Provide resources for professional development, including access to cutting-edge equipment, mentorship opportunities, and training programs. Remember, a diverse team brings varied perspectives, enhancing research quality and impact.

Balance research goals with administrative responsibilities by establishing clear roles within your team. Consider delegating administrative duties to support staff where possible. Utilize project management tools to track progress, set deadlines, and allocate resources effectively.

Be prepared to handle unexpected challenges or changes in research direction. Develop contingency plans, including backup funding sources and flexible research designs. Maintain clear communication with your funding agency and stakeholders about any changes or challenges, seeking their input and support when necessary.

Measuring and Communicating Research Impact

Demonstrate the impact of your research by developing comprehensive metrics for assessing outcomes. Set specific, measurable, achievable, relevant, and time-bound (SMART) goals for your project. Use a mix of quantitative and qualitative metrics, such as publication output, citation impact, and practical applications of your research.

Disseminate research findings effectively by publishing in peer-reviewed journals and presenting at conferences. Consider open-access publications to maximize reach. Leverage digital platforms – use social media, blogs, and other online channels to share findings with a broader audience, including policymakers and the public.

Engage with stakeholders, policymakers, and the public to translate research into real-world impact. Build relationships through regular updates on your research progress. Engage with policymakers by providing clear, actionable recommendations based on your findings. For public outreach, consider giving public talks, participating in media interviews, or developing educational programs.

Collaborate with practitioners, policymakers, and industry partners to translate research results into practical applications or policy recommendations. Develop clear, actionable policy recommendations and use case studies to illustrate practical applications of your research.

Planning for Sustainability

Develop strategies for long-term funding security by diversifying your funding sources. Seek grants from multiple agencies, secure corporate sponsorships, or explore crowdfunding campaigns. Build relationships with potential long-term funders by consistently demonstrating the impact and sustainability of your research.

Create a multi-year funding plan outlining projected income and expenses. Use funding databases and resources like GrantStation to identify potential funders and tailor proposals to their specific requirements.

Build institutional support by developing strong relationships with institutional leaders and administrators. Present the impact and benefits of your research clearly. Establish robust infrastructure for research, including facilities, equipment, and support staff.

Consider pathways for research commercialization or knowledge transfer. Collaborate with industry partners to develop practical applications of your research. This might involve licensing agreements, joint ventures, or spin-off companies. Utilize technology transfer offices or innovation hubs within your institution to facilitate the commercialization of research findings.

Bottom line: Key Insights

  • Set up robust financial management systems and ensure ongoing compliance with funder regulations.
  • Build a strong, diverse research team and foster a collaborative environment.
  • Develop comprehensive metrics to measure impact and effectively communicate your findings.
  • Plan for long-term sustainability by diversifying funding sources and creating pathways for commercialization.
  • Stay flexible and prepared to adapt to unexpected challenges in your research journey.

By focusing on these key aspects of managing research fundin, you'll be well-equipped to navigate the complexities of research administration and maximize the impact of your work.

Tools and Resources for Research Funding

In today's competitive research landscape, having the right tools and resources at your disposal can make all the difference in securing funding for your research projects.

Let's explore some of the most valuable assets available to researchers in 2024.

Online Databases and Search Engines

The digital age has revolutionised how researchers find funding opportunities. Online databases and search engines have become indispensable tools in this quest.

GrantStation and other comprehensive databases break down the grant research process into manageable steps. They offer detailed information on potential grantmakers, including application guidelines, annual reports, and grants awarded. These platforms provide a systematic approach to building a grant-seeking program, guiding researchers through the process of reviewing funder guidelines and identifying the most promising opportunities.

Many universities offer access to Funding Information Portals through their research offices. These portals house multiple databases and offer guidance on proposal development. For instance, the UNC School of Medicine and School of Public Health each have dedicated Offices of Research that coordinate such resources.

To make the most of these platforms:

  1. Start with primary research to create a list of potential grantmakers that align with your research goals.
  2. Follow up with secondary research, delving into application guidelines, annual reports, and past grants to narrow down your options.
  3. Pay close attention to matching criteria, ensuring your project fits the funder's guidelines and priorities.

While these databases offer unparalleled access to funding opportunities, the sheer volume of information can be overwhelming. However, the time saved in identifying suitable funders far outweighs this challenge.

Naturally, at Infonetica we recommend keeping it simple with out grant application software: Pre-award

AI-Powered Funding Match Tools

Artificial Intelligence is making waves in the world of research funding, offering exciting new possibilities for grant seekers.

AI technologies are increasingly being employed to streamline the grant application process. Tools like Research Professional and GrantForward use AI algorithms to match researchers with relevant funding opportunities based on their research profiles and interests. These platforms can analyse vast amounts of data to identify suitable grants, enhancing the efficiency of the search process.

The benefits of AI in grant writing are significant:

  • Efficiency: AI can dramatically reduce the time spent on grant research and application preparation, allowing researchers to focus more on the scientific aspects of their proposals.
  • Accuracy: These tools help ensure proposals meet specific funder requirements, reducing the likelihood of errors and rejections.
  • Competitive edge: In a landscape where NIH research grant application success rates hover around 20%, AI can give your proposal the boost it needs to stand out.

However, it's crucial to be aware of the limitations:

  • AI tools are only as good as the data they're trained on. Poor quality data can lead to biased or inaccurate results.
  • There are ethical considerations to navigate, such as ensuring transparency in the use of AI in grant writing.
  • High-quality AI tools can be costly, although the potential return on investment often justifies the expense.

Professional Development Resources

Investing in your skills as a researcher and grant writer is crucial for long-term success.

Academic Research Funding Strategies, LLC provides workshops and webinars on finding and competing for research funding from various government agencies and foundations. These programs cover topics such as identifying funding opportunities, understanding funding agencies, and developing successful grant proposals.

Online platforms like TechSoup offer courses on grant writing and management, covering everything from identifying opportunities to executing grant-funded projects. These resources are invaluable for developing the skills needed to craft compelling proposals and manage grants effectively.

Networking events and conferences also play a crucial role in professional development. They provide opportunities to connect with potential collaborators, learn about new funding avenues, and gain insights from seasoned grant writers. For example, the Annual Grant Professionals Association Conference offers workshops, networking opportunities, and access to the latest trends in grant seeking.

Support Services for Researchers

No researcher is an island, and various support services exist to help you navigate the complex world of research funding.

Many universities have dedicated Offices of Research that provide access to databases, resource centres, and proposal development guidance. These offices can be invaluable in coordinating research support and helping you find prospective grants.

Professional editing and consulting services, such as Enago Grant Writing Service, can help tailor your proposals to specific agency requirements, significantly enhancing your chances of success. These services offer expert guidance on understanding funding criteria and aligning your proposals with the strategic goals of funding agencies.

For early-career researchers, mentoring opportunities and peer support networks are particularly valuable. Programs like the NIH's Next Generation Researchers Initiative (NGRI) offer substantial support to early-stage investigators, helping them establish their research careers. This initiative prioritises funding for early-career researchers, providing dedicated support and resources.

Bottom Line:
  • Leverage online databases like GrantStation and AI tools such as Research Professional to streamline your grant search and application process, but be aware of their limitations.
  • Invest in your professional development through training programs, workshops, and networking events like the Annual Grant Professionals Association Conference.
  • Utilise institutional support services and professional editing to enhance your proposal quality.
  • Seek mentoring and join peer support networks, especially if you're an early-career researcher. Take advantage of programs like the NIH's Next Generation Researchers Initiative.
  • Stay adaptable and open to feedback, continuously refining your approach to grant seeking.
  • Remember that while tools and resources are invaluable, your unique research vision and passion are what will ultimately set your proposals apart.

By effectively utilising these tools and resources, you'll be well-equipped to navigate the complex landscape of research funding and increase your chances of securing the support your research deserves.

Summary of What is Research Funding

Research funding is the lifeblood of scientific progress, enabling researchers to push the boundaries of knowledge and tackle global challenges.

From government grants to private sector investments and philanthropic support, understanding the diverse landscape of research funding is crucial for any aspiring or established researcher.

  • Secure a solid grasp of different funding types and their unique characteristics
  • Develop a compelling research proposal that aligns with funder priorities
  • Master the art of effective fund management and team leadership
  • Utilize cutting-edge tools and resources to streamline your funding search

As you embark on your research funding journey, remember that persistence and adaptability are key. Your work has the potential to change the world - don't let funding obstacles deter you from pursuing your scientific vision.

Infonetica

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Ethics for Beginners: 5 Essential Principles to Master in 2024
Ethics for beginners: Discover 5 key principles to master in 2024. Explore fundamental ethical concepts, including integrity, responsibility, and fairness. Learn how to apply these principles in daily life and professional settings, enhancing your decision-making skills and moral compass.
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September 9, 2024
Ethics & Compliance
Avoidance of Harm: 5 Expert Strategies for Ethical Decision-Making in 2024
Avoidance of harm: Explore 5 expert strategies for ethical decision-making in 2024. Learn how to navigate complex moral dilemmas, prioritize stakeholder interests, and implement robust frameworks to ensure responsible choices. Enhance your leadership skills and organizational integrity with these practical approaches.
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September 28, 2024
Ethics & Compliance
What's New in the ACA Code of Ethics 2024: Expert Guide
ACA Code of Ethics 2024 updates: Explore key changes in counseling ethics. This expert guide covers new standards for technology use, cultural competence, and social justice advocacy. Learn how these revisions impact professional practice and client care in the evolving field of counseling.
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September 27, 2024
Ethics & Compliance
What: 5 Key Conflicts Between Laws and Ethics in 2024
Conflicts between laws and ethical behavior: Explore 5 critical dilemmas in 2024 where legal requirements clash with moral principles. Examine how these tensions impact decision-making, challenge societal norms, and raise questions about the balance between legality and ethics in contemporary society.
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September 26, 2024
Ethics & Compliance
5 Expert Steps to Citing NASW Code of Ethics in APA 2024
Citing NASW Code of Ethics APA: Master the process with 5 expert steps. Learn how to properly reference the National Association of Social Workers' ethical guidelines in your academic writing. Enhance your citations and avoid plagiarism with this comprehensive guide to APA 2024 formatting.
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September 24, 2024
Ethics & Compliance
5 Easy Steps: Cite the APA Code of Ethics Perfectly (2024)
How do you cite the Code of Ethics in APA? Learn 5 simple steps to perfectly reference the APA Code of Ethics in your academic work. Follow our guide for accurate citations, avoiding common mistakes, and ensuring compliance with the latest 2024 APA guidelines.
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September 23, 2024
Ethics & Compliance
What Best Describes the Purpose of IRB: 5 Key Functions in 2024
What best describes the purpose of the IRB? Discover 5 key functions in 2024, including ethical oversight, participant protection, and research integrity. Learn how Institutional Review Boards safeguard human subjects and ensure responsible scientific conduct in various studies.
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September 22, 2024
Ethics & Compliance
What You Need to Know: ACA Code of Ethics Reference Guide 2024
ACA Code of Ethics reference guide 2024: Essential information for counselors. Understand key principles, ethical standards, and updates in the American Counseling Association's code. Learn how to apply ethical guidelines in practice, navigate complex situations, and maintain professional integrity in the counseling field.
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September 21, 2024
Ethics & Compliance
5-Step Expert Guide: APA Cite NASW Code of Ethics (2024)
APA cite NASW Code of Ethics accurately with this 5-step expert guide. Learn the proper format for in-text citations and reference list entries, ensuring compliance with APA 7th edition guidelines. Master citing the NASW Code of Ethics for your social work papers and publications.
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September 20, 2024
Ethics & Compliance
What is Privacy and Code of Conduct? 2024 Expert Guide
Privacy and code of conduct meaning explained: Discover the essential principles guiding personal information protection and ethical behavior in organizations. Learn how these concepts shape workplace culture, data handling, and professional interactions in our comprehensive 2024 expert guide.
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September 19, 2024
Ethics & Compliance
What to Do When Academic Integrity Concerns Arise: 2024 Guide
Academic integrity concern detected? Learn effective steps to address and resolve issues in our comprehensive 2024 guide. Discover how to navigate academic misconduct allegations, understand institutional policies, and protect your educational future while maintaining ethical standards.
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September 18, 2024
Ethics & Compliance
What Principle Drives Informed Consent? 5 Expert Insights for 2024
Informed consent, an important outcome of patient autonomy, is a cornerstone of medical ethics. Explore five expert insights for 2024 on the principles driving informed consent, including respect for patient rights, shared decision-making, and evolving legal and ethical standards in healthcare.
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September 17, 2024
Ethics & Compliance
Privacy and Code of Conduct: 5 Expert Insights for 2024
What is privacy and code of conduct? Explore 5 expert insights for 2024 on these crucial business ethics topics. Discover how evolving regulations, data protection, and ethical guidelines shape organizational practices and employee behavior in the modern workplace.
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September 15, 2024
Ethics & Compliance
5 Expert Steps to Master Your IBC Application in 2024
Master your IBC application with 5 expert steps in 2024. Learn essential strategies for a successful International Business Company registration, including jurisdiction selection, document preparation, and compliance considerations. Streamline your process and increase approval chances with insider tips from industry professionals.
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September 14, 2024
Ethics & Compliance
What Is Society Compliance Ethics? 2024 Expert Guide
Society compliance ethics: Explore the crucial intersection of legal, moral, and social responsibilities in business and society. Learn key principles, best practices, and emerging trends for 2024. Discover how organizations can navigate ethical challenges, foster a culture of integrity, and maintain compliance in an evolving global landscape.
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September 13, 2024
Ethics & Compliance
What Are Ethical Basics? 5 Expert Principles for 2024
Discover ethical basics and their importance in 2024. Explore 5 expert principles guiding responsible decision-making, sustainable practices, and moral integrity in personal and professional spheres. Learn how to navigate complex ethical dilemmas and cultivate a more ethical lifestyle in today's rapidly changing world.
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September 12, 2024
Ethics & Compliance
What is Disclosure-Conflict of Interest? Expert Guide for 2024
Disclosure-conflict of interest: Navigate the complexities with our expert guide for 2024. Learn about ethical transparency, potential biases, and legal obligations in professional settings. Understand how to identify, manage, and disclose conflicts to maintain integrity and trust in your field.
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September 11, 2024
Ethics & Compliance
IRB Submission Process 2024: 5 Expert Steps for Quick Approval
Streamline your IRB submission process with these 5 expert steps for quick approval in 2024. Learn how to navigate ethical review requirements, prepare comprehensive documentation, and address potential concerns. Maximize your chances of success and accelerate research timelines with our proven strategies.
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September 10, 2024
Ethics & Compliance
What is Western Institutional Review Board: 2024 Expert Guide
Western Institutional Review Board ensures ethical research practices. Discover its role in protecting human subjects, streamlining approval processes, and maintaining regulatory compliance. Learn about WIRB's services, benefits, and impact on clinical trials in this comprehensive 2024 guide for researchers and institutions.
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September 7, 2024
Ethics & Compliance
What Is an Adult Medical Consent Form: 2024 Expert Guide
Adult medical consent form: Explore our comprehensive 2024 guide on this crucial document. Learn its purpose, legal implications, and essential components. Understand how it empowers individuals to make healthcare decisions and protects medical professionals. Essential reading for patients, caregivers, and healthcare providers.
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Wil Flanagan
September 6, 2024
Ethics & Compliance
What is Ethical Jurisprudence? 5 Key Principles in 2024
Ethical jurisprudence principles shape legal decision-making in 2024. Discover the 5 key tenets guiding moral considerations in law: justice, fairness, human rights, social responsibility, and ethical reasoning. Learn how these principles influence legal practice and societal outcomes.
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September 5, 2024
Ethics & Compliance
IRB Services: 5 Expert Tips for Navigating Ethical Research in 2024
IRB services streamline ethical research approval. Discover 5 expert tips for navigating Institutional Review Board processes in 2024. Learn how to prepare thorough protocols, engage with IRB staff, address potential risks, and expedite your research while ensuring participant safety and regulatory compliance.
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September 4, 2024
Ethics & Compliance
What is the FWA Compliance Process: 5 Expert Steps for 2024
FWA compliance process: Master the 5 expert steps for 2024 to ensure your organization meets fraud, waste, and abuse regulations. Learn how to implement effective policies, conduct risk assessments, train staff, monitor activities, and report issues in this comprehensive guide.
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September 3, 2024
Ethics & Compliance
What Are IRB Fees? 5 Expert Insights for Researchers in 2024
IRB fees are essential costs for research ethics review. Understand 5 key insights about these charges, including fee structures, budgeting tips, and potential waivers. Learn how to navigate IRB fees effectively in 2024 to streamline your research process and manage expenses.
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August 31, 2024
Funding
Research Funding Software Explained: 2024 Expert Guide
Research funding software simplifies grant management for institutions. Discover top solutions, key features, and best practices in our 2024 expert guide. Learn how to streamline application processes, track deadlines, and maximize funding opportunities for your research projects.
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September 6, 2024
Funding
What is Research Funding? 2024 Expert Guide for Beginners
What is research funding? Discover the essentials in our 2024 expert guide for beginners. Learn about funding sources, application processes, and strategies to secure financial support for your research projects. Unlock the key to advancing your academic or scientific career.
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September 6, 2024
Ethics & Compliance
What Software for Research Governance and Compliance? 2024 Expert Guide
Software for research governance and compliance is crucial for modern research institutions. Discover top tools and platforms for 2024 that streamline regulatory adherence, enhance data management, and boost research integrity. Learn how to choose the right solution for your organization's needs and compliance requirements.
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December 6, 2024
Ethics & Compliance
What is Trusted Research Software? 2024 Expert Guide
Software for trusted research: Discover essential tools and practices for reliable scientific work. Learn about reproducibility, data management, and collaboration platforms. Explore key features of trusted research software and how it enhances credibility in academic and industry settings.
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December 5, 2024
Ethics & Compliance
Research Governance and Compliance: 5 Key Insights for 2024
What is Research Governance and Compliance? Discover 5 key insights for 2024 that will shape ethical research practices, regulatory adherence, and data management. Learn how to navigate evolving standards and ensure your organization's research integrity in the coming year.
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December 4, 2024
Ethics & Compliance
What is Trusted Research? 2024 Expert Guide to Ethical Innovation
What is Trusted Research? Discover ethical innovation practices in our 2024 expert guide. Learn how to conduct responsible, transparent, and collaborative research that builds trust, ensures integrity, and drives positive societal impact while adhering to ethical standards and data protection principles.
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December 3, 2024
Ethics & Compliance
Guide to Fidelity in Nursing Ethics
Fidelity in nursing ethics: Explore the crucial role of loyalty and commitment in healthcare. Learn how nurses uphold patient trust, maintain confidentiality, and navigate ethical dilemmas. Discover the impact of fidelity on patient care, professional relationships, and the nursing profession's integrity.
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Wil Flanagan
July 27, 2024
Ethics & Compliance
Best Research Compliance Systems
Research Compliance System solutions streamline regulatory adherence in academic and corporate settings. Discover the top platforms that automate documentation, monitor protocols, and ensure ethical standards. Learn how these systems enhance efficiency, reduce risks, and maintain integrity in research operations.
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Wil Flanagan
July 27, 2024
Ethics & Compliance
Guide to Fidelity in Research Ethics
Fidelity in research ethics ensures trustworthy scientific practices. This guide explores the concept's importance, principles, and application in various research contexts. Learn how to maintain integrity, honesty, and accountability throughout the research process, from study design to data analysis and reporting.
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Wil Flanagan
July 24, 2024
Ethics & Compliance
How to Obtain Informed Consent in Research
How to obtain informed consent in research: Learn the essential steps for ethically conducting studies. Understand legal requirements, communicate risks and benefits clearly, ensure participant comprehension, and document the process properly. Discover best practices for respecting autonomy and maintaining research integrity.
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Wil Flanagan
July 30, 2024
Ethics & Compliance
A History of Informed Consent in Research
Explore the history of informed consent in research, from its origins to modern practices. Discover key milestones, ethical considerations, and evolving regulations that have shaped how researchers obtain participant agreement. Learn about landmark cases and their impact on human subject protection in scientific studies.
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Wil Flanagan
July 30, 2024
Ethics & Compliance
Comprehensive Guide to Informed Consent in Research
Informed consent in research ensures ethical participation. This guide explores its importance, legal requirements, and best practices for obtaining valid consent. Learn about key elements, challenges, and strategies to protect participants' rights and maintain research integrity.
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Wil Flanagan
July 30, 2024
Ethics & Compliance
Guide to Fidelity in Healthcare Ethics
Fidelity in healthcare ethics: Explore the crucial principle guiding patient-provider relationships. This comprehensive guide examines the importance of trust, confidentiality, and commitment in healthcare settings. Learn how fidelity impacts decision-making, patient care, and ethical dilemmas faced by healthcare professionals.
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Wil Flanagan
July 25, 2024
Ethics & Compliance
Role of Scientific Review Committees for Quality Assurance
Scientific Review Committees play a crucial role in quality assurance for research. These expert panels evaluate study designs, methodologies, and ethical considerations to ensure scientific rigor and integrity. By providing independent assessments, they enhance research quality, protect participant rights, and maintain public trust in scientific endeavors across various disciplines.
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Wil Flanagan
August 17, 2024
Ethics & Compliance
Research Compliance Standard Operating Procedures (SOPs)
Research Compliance Standard Operating Procedures (SOPs) are essential guidelines for ensuring ethical and regulatory adherence in research. These comprehensive protocols outline steps for proper conduct, documentation, and reporting, helping institutions maintain integrity, protect participants, and avoid legal issues in their research activities.
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Wil Flanagan
August 17, 2024
Ethics & Compliance
Your Guide to the ADA code of Ethics for Research Integrity
ADA Code of Ethics ensures research integrity in dental practices. This guide explores key principles, including patient autonomy, beneficence, and justice. Learn how the code promotes ethical conduct, protects participants, and maintains scientific standards. Understand your responsibilities as a dental professional in research.
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Wil Flanagan
August 14, 2024
Ethics & Compliance
A Guide to HIPAA Dos and Dont's for Research Integrity
HIPAA Dos and Don'ts: Essential guidelines for maintaining research integrity. Learn how to navigate HIPAA regulations, protect patient privacy, and ensure compliance in your research practices. Discover key responsibilities, common pitfalls, and best practices for handling protected health information in research settings.
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Wil Flanagan
August 14, 2024
Ethics & Compliance
Quality Assurance and Quality Improvement in Research Compliance
Quality Assurance Compliance in research: Explore essential strategies for enhancing integrity and efficiency in scientific processes. Learn about quality assurance and improvement techniques, regulatory requirements, and best practices to ensure compliance, reduce risks, and maintain high standards in research operations.
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Wil Flanagan
August 11, 2024
Ethics & Compliance
Managing Active Disclosure and Transparency in Research
Active Disclosure Research: Explore strategies for managing transparency in scientific endeavors. Learn how to balance open communication with confidentiality, implement effective disclosure policies, and navigate ethical considerations. Discover best practices for sharing research findings responsibly while protecting intellectual property and maintaining public trust.
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Wil Flanagan
August 11, 2024
Ethics & Compliance
Guide to Fidelity in Medical Ethics
Fidelity in medical ethics: Explore the essential principle guiding healthcare professionals' commitment to patients. Discover how trust, confidentiality, and loyalty shape doctor-patient relationships, impact treatment decisions, and influence overall patient care. Learn about ethical dilemmas and strategies for maintaining fidelity in modern healthcare settings.
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Wil Flanagan
July 25, 2024
Ethics & Compliance
Institutional Review Board (IRB) Processes and Types
Institutional Review Board (IRB) processes and types explained. Learn about the essential role of IRBs in protecting human subjects in research, including full board reviews, expedited reviews, and exempt reviews. Understand the ethical considerations, regulatory requirements, and steps involved in obtaining IRB approval for research projects.
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Wil Flanagan
August 8, 2024
Ethics & Compliance
Coorective and Preventive Action (CAPA) in Research
Corrective and Preventive Action (CAPA) in research enhances quality management. This article explores CAPA implementation, its importance in maintaining compliance, and strategies for effective execution. Learn how to identify root causes, implement solutions, and prevent recurrence of issues in research settings.
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Wil Flanagan
August 8, 2024
Ethics & Compliance
How to Manage Conflict of Interest in Research
Discover how to manage conflict of interest in research effectively. Learn strategies for identifying potential conflicts, implementing disclosure policies, and maintaining ethical standards. Explore best practices for transparency, objectivity, and integrity in scientific studies to ensure credible and unbiased research outcomes.
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Wil Flanagan
August 5, 2024
Ethics & Compliance
Examples of Conflict of Interest in Research
Examples of conflict of interest in research can compromise scientific integrity. This article explores common scenarios, including financial interests, personal relationships, and dual roles. Learn how these conflicts affect research outcomes, ethical considerations, and strategies for managing potential biases in academic and industry settings.
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Wil Flanagan
August 5, 2024
Ethics & Compliance
Conflict of Interest in Human Subjects Research
Conflict of Interest in Human Subjects Research: Explore ethical challenges and guidelines for managing potential biases in research involving human participants. Learn about disclosure requirements, institutional review boards, and strategies to maintain scientific integrity while balancing researcher interests and participant protection.
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Wil Flanagan
August 5, 2024
Ethics & Compliance
What is Research Conflict of Interest Management Software
Research Conflict of Interest Management Software streamlines ethical compliance in academic and scientific institutions. This powerful tool automates disclosure processes, identifies potential conflicts, and ensures transparency in research activities. Learn how this software enhances integrity, saves time, and protects reputations in the research community.
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Wil Flanagan
August 2, 2024
Ethics & Compliance
Examples of Informed Consent in Research
Examples of informed consent in research are crucial for ethical studies. This article explores various scenarios, highlighting key elements of consent forms, participant rights, and researcher responsibilities. Learn how to properly obtain and document informed consent across different research disciplines.
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Wil Flanagan
August 2, 2024
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