Today, the Detroit Regional Chamber joined over 35 other chambers of commerce across the country in relaunching the Business for Federal Research Funding Coalition. In this coalition, the Chamber will lead, alongside the Greater Boston and Greater Durham Chambers, to advocate for critical research funding that Michigan receives.
This relaunch of the coalition, originally launched over a decade ago, is sparked by the increasing budget cuts from the federal government and the real business impacts that they will have.
The Situation
The first targeted budget cut is the new cap on indirect costs for NIH grants. The indirect costs that universities, hospitals, and other research centers can charge back to the federal government pay for the buildings, infrastructure, and equipment needed to conduct research. With a non-negotiable constraining cap, researchers will be forced to divert attention to administrative challenges instead of focusing on the research that will solve today’s most urgent health care challenges, for instance.