Hery Rajaonarimampianina, President of the Republic of Madagascar and Chairman of the COMESA Authority WHAT WE DO
The NIH Common Fund is a component of the NIH budget which is managed by the Office of Strategic Coordination / Division of Program Coordination, Planning, and Strategic Coordination / Office of the NIH Director . Common Fund programs address emerging scientific opportunities and pressing challenges in biomedical research that no single NIH Institute or Center (IC) can address on its own, but are of high priority for the NIH as a whole. The Common Fund is a unique resource at NIH, functioning as a “venture capital” space where high-risk, innovative endeavors with the potential for extraordinary impact can be supported. Common Fund programs are short-term, goal-driven strategic investments, with deliverables intended to catalyze research across multiple biomedical research disciplines.