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"Fast Grant Program (Biswas Family Foundation)" is currently closed and not accepting applications.
Fast Grant Program (Biswas Family Foundation) is sponsored by Biswas Family Foundation. Provides rapid funding for early-stage research projects at the intersection of artificial intelligence and health, focusing on biomedical AI, healthcare innovation, computational medicine, diagnostics, scientific discovery, and AI-enabled research tools.
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Biswas Family Foundation | Fast Grants Program Fast Grants are lightweight, fast-turnaround gifts for researchers who want to explore an idea at the intersection of AI and health — but lack the seed capital to try. We’ve heard that scientists cannot easily buy compute, model-training credits, dataset access, or coding-agent tokens through traditional grants. Fast Grants from the Biswas Family Foundation close that gap.
Fast Grants fund curiosity-driven projects connected to any of these themes: Training, fine-tuning, or evaluating models on biomedical data Exploring or assembling datasets that could unlock new clinical or biological insight Building AI tools or agents that scale a scientist's leverage Pilot experiments that de-risk a bigger funding ask Anything else where modest, fast capital meaningfully accelerates an AI or data-driven path to a health breakthrough The Biswas Family Foundation will sponsor two funding cycles per year, with up to $3M deployed annually in total gifts.
Each cycle is intended to support: Small curiosity sprints (only tier open to undergraduates) Projects We’d Love to See We welcome projects aligned with the two research pillars described below, but we are also happy to fund projects that look nothing like these — as long as they fit the spirit of the Fast Grants Program.
Pillar 1 — AI-Driven Diagnostics and Prediction Computational cardiology and stroke prevention AI-enabled diagnostics that drop cost and raise frequency Cancer early detection (especially open-source multi-cancer early detection) Medical forecasting and multimodal risk Pillar 2 — Personalized Therapeutics and Autonomous Research Phage therapy and AI-designed therapeutics Personalized cancer immunotherapy AI scientists and autonomous research For globally deployable diagnostics or open-source platforms, we particularly value applications that include a path toward CE marking or WHO prequalification.
To keep the process efficient, we ask that your submission provide only a brief overview of the proposed project. Applications should be formatted as bullet points and will be capped at ~300 words. Decisions are based strictly on your written application.
There is no interview round. June 15, 2026 | 11:59pm PT December 15, 2026 | 11:59pm PT Applications received between deadlines carry over to the next deadline — there is no closed window. Frequently Asked Questions Who is eligible for the Fast Grants program?
Researchers at any career stage across academic institutions worldwide are eligible.
We particularly welcome: Undergraduates (with faculty sponsorship; $25K tier only) Applicants must be affiliated with an institution eligible to receive a charitable gift from a US private foundation: US institutions: any 501(c)(3) public charity in good standing — universities, non-profit research institutes, academic medical centers, qualifying hospitals; state or federal government instrumentalities (e.g., state university research foundations) are eligible.
Non-US institutions: must be a foreign equivalent — confirmed via active equivalency determination (NGOsource, etc.) or received via a US-based fiscal sponsor that is itself a 501(c)(3). If you're unsure, indicate this on your application — your sponsored programs office can usually answer in a single email. For-profit companies, individual researchers receiving funds personally, and OFAC-sanctioned institutions are not eligible.
What is the award size and duration? $25K, $50K, or $100K tiers in a single payment for a 12-month project period. Please note: Undergraduate applicants are eligible for the $25K tier only.
How is the application structured? The application is designed to be low-friction and concise.
Each section must be formatted in bullet points according to the following requirements: One-sentence summary A plain-language description of your project that we can publish on the BFF website if funded (≤200 characters) The question / idea What you want to explore and why it matters (3–5 bullets, ~50 words, 275 characters) What you'll do The experiment/approach (3–5 bullets, ~50 words, 275 characters) Why now / why this team Relevant background (2–3 bullets, ~30 words, 200 characters) Budget Line items totaling $25k, $50k, or $100k; single payment; 12-month project period; indirect costs ≤ 15%.
(~50 words, 275 characters) Outputs What you intend to release publicly; sharing back is strongly preferred but not strictly required (1–2 bullets, ~20 words, 125 characters) Brief bio Your role and institution, plus 2–3 representative pieces of work (3–4 bullets, ~80 words, 400 characters) What are the conditions of the gift? 1-page written update at month 6 Acknowledgment of the Biswas Family Foundation in research publications.
Release of code, models, and/or datasets back to the community. We're not prescriptive about how — we want the work to compound for the field beyond the grant period. We offer a flexible “curiosity budget” and encourage applicants to propose their own line items.
Budget items could include: Cloud compute, GPU rentals, API or token credits Dataset acquisition or licensing Research assistant or trainee hours Small reagents and consumables Travel to disseminate results Indirect costs capped at 15% (Foundation standard) As part of our belief in the power of open science to drive innovation, foster collaboration, and ensure that research remains accessible to all, we are dedicated to sharing the latest updates from our funded research teams.
Global Health Initiatives By giving to global health organizations that sit at the intersection of technology and public health, we hope to catalyze the creation and dissemination of healthcare solutions worldwide. A selection of news, stories, and perspectives from the Foundation and trusted voices in the field highlighting how technology-driven innovations are shaping the future of global health.
We support groundbreaking research and initiatives in computational biology, artificial intelligence, and global health that aim to drive advances in human health.
According to the current listing, eligibility includes: NGOs, nonprofits, researchers, startups, and changemakers. Confirm the full requirements in the official notice before applying.
The current listing shows $25,000, $50,000, and $100,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
The published deadline was June 15, 2026, which has passed. Check the official notice for any future application windows before investing time in a proposal.
Fast Grant Program (Biswas Family Foundation) is funded by Biswas Family Foundation. Verify program details on the funder's official page before applying.
Yes — this listing is flagged as national in scope, so applicants across the U.S. may apply, subject to the sponsor's other eligibility criteria.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
Fast Grants are lightweight, fast-turnaround gifts for researchers who want to explore an idea at the intersection of AI and health but lack the seed capital to try, and the programme is built around speed as its defining feature: roughly two weeks from deadline to decision. Cycle 1 of 2026 closed 15 June with decisions by 1 July; Cycle 2 closes 15 December 2026 at 11:59pm PT, with decisions around 1 January 2027 and funding approximately 1 February 2027. The foundation organises its interest around two pillars - AI-driven diagnostics and prediction, and personalised therapeutics and autonomous research - but the eligible project list is deliberately wide: training, fine-tuning or evaluating models on biomedical data; exploring or assembling datasets that could unlock new clinical or biological insight; building AI tools or agents that scale a scientist's leverage; and pilot experiments that de-risk a bigger funding ask. That last category is the strategic one. A Fast Grant is explicitly positioned as the preliminary-data vehicle for a subsequent NIH R01 or foundation application, and proposals that name the larger grant they are de-risking read well. The application itself is unusually short - seven bullet-pointed sections with character limits covering title, one-sentence summary, research question, methodology, team background, budget and intended outputs - so the effort-to-expected-value ratio is among the best available in biomedical AI funding.
The Biswas Family Foundation Fast Grants Program provides rapid funding for early-stage research projects at the intersection of artificial intelligence and health. Grants of $25,000, $50,000, and $100,000 support 12-month projects focused on biomedical AI, healthcare innovation, computational medicine, diagnostics, scientific discovery, and AI-enabled research tools. The Foundation runs two Fast Grants funding cycles each year, emphasizing speed and support for promising early-stage and high-risk ideas.