The National Institutes of Health (NIH), through its National Center for Advancing Translational Sciences (NCATS), has announced the Awards Supporting Cutting-Edge Technologies for Translational Science (ASCETTS) funding opportunity. This initiative aims to support the development of innovative technologies that address barriers in therapeutic development, specifically targeting high-risk, high-reward projects that are in the early stages of proof-of-concept. The program is particularly significant as it seeks to enhance the efficiency of the therapeutic development pipeline, ultimately leading to faster delivery of treatments to patients. Grants of up to $275,000 are available over a two-year period, with applications accepted starting May 19, 2025, and a submission deadline of June 19, 2025. For further inquiries, applicants can contact NIH Grants Information at grantsinfo@nih.gov.