{"id":579880,"date":"2010-05-26T18:54:35","date_gmt":"2010-05-26T22:54:35","guid":{"rendered":"http:\/\/itecsinsider.com\/?p=15576"},"modified":"2010-05-26T18:54:35","modified_gmt":"2010-05-26T22:54:35","slug":"featured-solicitation-%e2%80%93-may-26-2010","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/579880","title":{"rendered":"Featured Solicitation \u2013 May 26, 2010"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 6pt 0in;\"><span style=\"font-size: 12pt; line-height: 115%; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;;\"><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-7821\" style=\"margin: 0px 10px;\" title=\"money-govt\" src=\"http:\/\/itecsinsider.com\/wp-content\/uploads\/2009\/06\/money-govt.jpg\" alt=\"money-govt\" width=\"103\" height=\"68\" \/>Therapeutic Discovery Project Program Tax Credit\/Grant \u2013<\/strong> The U.S. Department of the Treasury announced the guidelines for applying for the new Therapeutic Discovery Project Program created by the Affordable Care Act.\u00a0 The program will provide tax credits and grants to small firms that show significant potential to produce new and cost-saving therapies, support good jobs and increase U.S. competitiveness.\u00a0 The therapeutic discovery tax credit is targeted to projects that show significant potential to produce new therapies, address unmet medical needs, reduce the long-term growth of health care costs and advance the goal of curing cancer within the next 30 years.\u00a0 The credit&#8217;s allocation will also take into consideration which projects show the greatest potential to create and sustain high-quality, high-paying jobs in the United States and to advance our competitiveness in the fields of life, biological, and medical sciences.\u00a0 The credit covers up to 50 percent of the cost of qualifying biomedical research, up to a maximum credit of $5 million per firm and $1 billion overall and is only available to firms with fewer than 250 employees.<span id=\"more-15576\"><\/span> To provide an immediate boost to U.S. biomedical research and the small businesses that conduct it, the credit is effective for investments made in 2009 and 2010.\u00a0 Firms can opt to receive a grant instead of a tax credit, so start-ups that are not yet profitable can benefit as well.\u00a0 Opening Date: June 21, 2010.\u00a0 Closing Date: July 21, 2010.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 6pt 0in;\"><span style=\"font-size: 12pt; line-height: 115%; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;;\">Posted Date: May 21, 2010<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 6pt 0in;\"><span style=\"font-size: 12pt; line-height: 115%; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;;\">Program Announcement Number: <a href=\"http:\/\/www.ustreas.gov\/press\/releases\/tg712.htm\" >TG712<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Therapeutic Discovery Project Program Tax Credit\/Grant \u2013 The U.S. Department of the Treasury announced the guidelines for applying for the new Therapeutic Discovery Project Program created by the Affordable Care Act.\u00a0 The program will provide tax credits and grants to small firms that show significant potential to produce new and cost-saving therapies, support good jobs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-579880","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/579880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=579880"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/579880\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=579880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=579880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=579880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}