News

Amid recent and proposed sweeping cuts to federal research funding, ranging from suspended federal funding to universities and research facilities to updated policy by the NIH (NIH) to reduce indirect cost reimbursements and a proposed over 40% budget cut to NIH funding (from approximately $48 billion in 2025 to $27.5 billion for 2026), many researchers, and in particular those in life sciences, are facing growing uncertainty. These unprecedented set of circumstances are prompting many scientists to consider a shift from academia to entrepreneurship.