5 Steps To Avoid Mismanaging Biopharma Grant Funds

By Mike Trinks

After an exhausting process, you finally received the grant you need to make your passion project a reality. The tough part is over, right? Not exactly

Yes, you now have money to continue your research and start a business, but with that comes the responsibility of answering to the entity paying the bill. Manage your grant funds correctly and you’ll find yourself operating smoothly with the potential to secure more in the future. Mismanage the situation and you could end up on the government’s naughty list. (There is, in fact, such a list.)

Here’s how to ensure you’re successfully maximizing that infusion of money and setting yourself up for further success in the grant world.