Wellcome Trust: Seeding Drug Discovery – early-stage small-molecule drug discovery

The aim of Seeding Drug Discovery is to develop drug-like, small molecules that will be the springboard for further research and development by the biotechnology and pharmaceutical industry in areas of unmet medical need.A two-point entry system has been introduced to enable projects at an earlier stage in development to be competitive for funding as well as to progress later-stage projects further towards clinical trials. Early-stage 2 years/late-stage to four years. Funding unspecified.

http://www.wellcome.ac.uk/Funding/Innovations/Awards/Seeding-Drug-Discovery/index.htm