Funding
ICGEB in consultation with DBT and PATH-MVI submitted to Bill and Melinda Gates Foundation (BMGF) a proposal in 2008 for the establishment of MVDP. BMGF, up- front funded the program for 5 years starting Dec 2008. A grant of two million nine hundred and fifty thousand dollars (USD 2.95 million) was made to ICGEB so as to establish MVDP as a separate not-for-profit research society. No cost extension has been granted by BMGF upto December 2016
A sub-awardee grant is made ICGEB to MVDP. The funding from the BMGF is specifically for the purpose of support for establishment and operation of the core management structure.
MVDP business model demands that it obtains funding for conducting research. To accomplish the purpose, MVDP is suppose to develop partnerships with research partners, and to write proposals along with the partner so as to raise funds for the translational research and development activities. Some of the funders which can be approached for such activities are:
- Indian Government (Department of Biotechnology)
- Malaria Vaccine Initiative, USA
- European Vaccine Initiative, Heidelberg
- Wellcome Trust, UK
- Federal Ministry of Education and Research (BMBF), Germany
Project Funding
Project | Funding Organization | Funds Sanctioned | Activities funded | Sanction Date |
JAIVAC-2 | Department of Biotechnology, GoI | INR 4,00,00,000 |
|
28 Feb 2013 |
JAIVAC-3 | Department of Biotechnology, GoI | INR 2,14,50,000 |
|
05 June 2012 |
PfCSP-VLPs | Department of Biotechnology, GoI | INR 6,50,000 |
|
01 June 2012 |
PvDBPII | PATH Malaria Vaccine Initiative | USD 47,078 |
|
18 Sep 2012 |
AnAPN1 | PATH Malaria Vaccine Initiative | USD 66,995 |
|
03 July 2012 |
Approval to receive foreign funds
At present MVDP does not have a permanent registration granted by Foreign Contribution Regulation Act-(FCRA). This means that MVDP cannot receive foreign funds without seeking prior permission from Indian Government. It takes about 4-6 months to seek prior permission for receiving foreign funds. Prior permission allows MVDP to receive committed funds from a confirmed source for a stated objective.
MVDP will apply for FCRA registration in July 2014