Recently, researchers have been facing fierce competition for grants and other sources of funding. This is due to the limited number of available resources and the large number of research projects. The new Grants Index database from Web of Science provides quick access to information about grants around the world.
Grants Index is a database on the Web of Science platform that provides access to information on more than 5.2 million previously awarded grants from more than 400 organizations around the world. The new database was launched in early 2024 and has already gained considerable popularity in the scientific community.
Reasons for creating Grants Index
The main goal of Grants Index is to provide researchers with quick and easy access to information about previously awarded grants around the world. This is so that researchers can quickly and easily analyze which grants have been funded and make informed decisions when applying for new grants.
This is because funders from different countries have reported low success rates for grant applications over the years. Despite the steady increase in spending on some funding programs, competition remains fierce, and the chances of getting a grant often do not exceed 10-20%.
In 2021, data indicate that the success rate of Horizon 2020 grant applications was less than 12%. During the same period, the success rate for research grants at the National Institutes of Health (NIH) in the United States was 20.7%. Recently, the Australian Research Council announced A$220 million in grant funding for Discovery 2024 projects, but the success rate was only 16.3%. It all boils down to the fact that having a solid understanding of funders' priorities is key when applying for grants.
Pivot-RP platform
Grants Index is integrated with the Pivot-RP platform, making it easy for researchers to find potential funders that match their interests. After all, you can find funders with a single search instead of browsing multiple websites.
Pivot-RP is a solution that combines expertly curated global funding opportunities and awarded grant data with powerful workflow, analysis, and discovery tools to help university administrators get the right funding opportunities to the right researchers.
On the Pivot-RP website you can find
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available funding opportunities for researchers depending on their country of residence;
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funding by discipline;
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top sources of public funding;
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top private funds;
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funding by type.
Benefits for researchers
Grants Index helps researchers:
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Understand what research has already been funded in your field.
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Review the results of previously awarded grants.
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Make an informed choice when applying for new funding.
How do I access the Grants Index?
Access to the Grants Index is available to Web of Science users with a valid subscription. To access the database, you need to:
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Log in to Web of Science.
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Click on the "Grants" tab.
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Select "Search Grants".
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Enter search criteria.
The Grants Index is a valuable resource for researchers looking for new funding for their research. This database enables researchers to find information about grants, analyze trends in research funding, and better prepare their grant applications.
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