The National Institutes of Health (NIH) is offering a Mentored Career Development Award (K01) aimed at promoting faculty diversity in biomedical research, specifically supporting underrepresented groups in the field. This funding opportunity focuses on providing "protected time" for early-career researchers to develop their independence under the guidance of experienced mentors in areas pertinent to cardiovascular, pulmonary, and hematologic diseases. Key provisions include eligibility for non-tenured science faculty, an application due date set for October 14, 2024, and available funding designated at $3.3 million spread over the next three fiscal years. Applicants may submit research proposals, but clinical trial leadership is not permitted under this award. The program aims to build a diverse and skilled scientific workforce to enhance research quality and foster inclusion. It outlines extensive requirements for mentoring, institutional support, and submission guidelines through the NIH ASSIST system or Grants.gov. Awards will be given based on application merit, scientific quality, and alignment with NHLBI research agendas. This initiative represents a significant effort to bridge gaps in biomedical research representation and capability.