We're seeking $5.3 million from visionary, philanthropic individuals to fund 5 exciting new cancer research projects that push the boundaries of research and could significantly advance our cancer knowledge.
We've set up the Venture Grants Scheme to address a lack of resources and funding available in Australia, to investigate highly imaginative research ideas.
Director Professor David Hill said the Venture Grants Scheme was the Cancer Council's response to consistent complaints from some of our most original scientific thinkers that it's become harder to get funding for big research ideas.
‘Conventional schemes fund relatively safe proposals with the high likelihood of generating new knowledge but the gain may be quite small,’ Professor Hill said. ‘The gain is less predictable with innovative research but the magnitude may be very substantial.’
‘All 5 initiatives, awarded seed funding as part of the Venture Grants Scheme, have the capacity to considerably progress the cancer fight.’
Professor Hill said all selected applicants had exceptional research track records and were based in institutions conducive to research success in Victoria.
‘Competition for our grants is always fierce with only the highest quality applications being successful following a rigorous peer review process,’ he said.’ Those selected for the Venture Grants Scheme are no exception.’
Professor Hill said the Cancer Council had provided $758,250 for the 1st milestones of the projects.
‘The only way to advance cancer treatment and prevention is to increase the scope and scale of quality research,’ Professor Hill said. ‘We need to include venturesome approaches in an effort to hasten the rate of discovery.’
‘We're seeking generous donations from individuals who understand our vision for bold, adventurous research and would be prepared to fund subsequent stages of these outstanding projects.’
An exceptional committee of medical scientists, including Professor Tony Burgess, Director of the Ludwig Institute for Cancer Research in Melbourne, has overseen the candidate selection process.
‘Venture Grant Scheme applicants were required to present a case to be funded for a maximum amount of $500,000 per annum for 1 to 5 years,’ Professor Burgess said. ‘Projects needed to demonstrate that the grant could significantly advance their research program and could yield important new knowledge in their field.’
‘The application of research leads to better treatment, earlier diagnosis and prevention benefiting cancer patients now and generations to come,’ Professor Hill said.
For more details on the Venture Grants Scheme contact:
Donor enquiries: Venetia Taylor, Relationships Marketing Manager, on 9635 5301 or Venetia.Taylor@cancervic.org.au
Research enquiries: Felicity Fairbairn, Venture Grants Officer, on 9635 5101 or Felicity.Fairbairn@cancervic.org.au