STM publisher Elsevier, Netherlands, has announced the launch of SciVal Funding, a comprehensive funding intelligence solution for US research institutions. The platform helps researchers locate the most appropriate grant opportunities in order to maximise their potential to receive funding.
SciVal Funding is designed to optimise the pre-award stages of the process, leading researchers and research administrators to grants with the greatest potential for success by integrating current funding opportunities with publication information and historical award data. The solution allows users to routinely search over 5,000 grant sources, including federal funding bodies and private foundations. Updated daily, funding opportunities can be explored by subject area, award type, deadline or amount. In addition, by fully cataloguing limited submission programmes, research administrators may set up necessary internal review mechanisms in a timely way.
Moreover, the solution provides customised recommendations and alerts by matching funding opportunity data to pre-populated research profiles that are continuously updated. This eliminates the need to create a summary of each investigator’s body of work and allows users to run searches on their own as well as other researchers’ profiles. These recommendations can also serve as guideposts to junior faculty regarding which funding sources to pursue, particularly as the early grants in a young researcher’s career are critical to building a solid track record.
Another advantage of the solution is the integrated funding award information. The historical data on what grants were awarded to which researcher and at which specific institution, provides vital insight into the funding environment. This intelligence enables researchers to more accurately estimate their award chances, tailor their proposal, find collaborators and ultimately better compete for grants. Research administrators may also use this award information for performance measurement, evaluation and strategic planning purposes.
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