Got this from APA today.
Apply for an NIH grant for research that you can do in two years.
Of the NIH $10 billion, at least $200 million over the next two years is for a new initiative called NIH Challenge Grants in Health and Science Research, to fund 200 or more grants at $1 million each. The program will support research on "Challenge Topics," and first on the list is Behavior, Behavioral Change, and Prevention. This is a unique opportunity to conduct research in a short time frame. The application deadline is April 27, 2009, and grants will begin this fall. See: http://grants.nih.gov/grants/funding/challenge_award/
If you recently applied to NIH or NSF and received good reviews but were not funded,contact the program officer who oversaw the process.
At the end of the last federal fiscal year, about 14,000 applications were approved for funding but went unfunded. NIH is planning to review these applications to see if any would benefit from two-year funding. This will not be done in a formulaic manner; rather, grants will be analyzed on a case-by-case basis. Program officers will be involved in this process, so it can only help to contact them to discuss your application.
NSF is also planning to fund recently approved but unfunded proposals. Call the NSF program officer in your area if you think your proposal might be in this category.
If you have an existing grant, you may be eligible for a supplement.
The stimulus funding may also be available to expand an existing NIH grant. Some funding will be awarded through a competitive process, while other funding will be administratively allocated. Few details are available at this time, and each Institute and agency will determine its priorities for supplemental funding. Another reason to call NIH or NSF staff.
A word of advice.
This funding is part of the Recovery Act, so it's meant to create jobs and stimulate the economy, all in a transparent and trackable way. If you do any of the above, be sure to pay particular attention to the economic impact of your grant: How many jobs will it create? How will you measure and track spending? Job creation? If you are at, or are partnering with, an institution located in an under-represented geographic area, please highlight that, since geographic location may be a criterion for grant awards. After all, the economy needs to be stimulated throughout the United States.
Read more about it here.