(a)
Authority— The Secretary of Health and Human Services, acting through the Director of the National Institutes of Health, in consultation with their government counterparts at OCS and MOST, shall award grants to eligible entities for neuroscience-related research and related technological innovation.
(b)
Application—
(1)
Submission of applications— To receive a grant under this section, an eligible entity shall submit an application to the Secretary containing such information and assurances as the Secretary, in consultation with the OCS and MOST, may require.
(2)
Selection of eligible entities— The Secretary, in consultation with the Directors of the OCS and MOST, may review any application submitted by any eligible entity and select any eligible entity meeting criteria established by the Secretary, in consultation with the Advisory Committee, for a grant under this section.
(c)
Relation to SBIR and STTR programs— The Secretary shall carry out this section through the Small Business Innovation Research (“SBIR”) and Small Business Technology Transfer (“STTR”) programs of the National Institutes of Health.
(d)
Amount of grant— The amount of each grant awarded for a fiscal year under this section shall be determined by the Secretary, in consultation with the OCS and MOST.
(e)
Private funds— The Secretary may accept contributions of funds from private sources to carry out this Act.
(f)
Report— Not later than 180 days after receiving a grant under this section, each recipient shall submit a report to the Secretary—
(1)
documenting how the recipient used the grant funds; and
(2)
evaluating the level of success of each project funded by the grant.