When Phill and Liz Gross made a generous gift in 2014 to help Harvard Medical School launch the Quadrangle Fund for Advancing and Seeding Translational Research (Q-FASTR), they were betting that early, smartly invested capital—paired with expert guidance—could change the trajectory of promising science. They saw a gap between discovery and proof-of-concept and wanted HMS to have a vehicle nimble enough to bridge it.
That bet is paying off. The Q-FASTR steering committee, which comprises HMS senior leadership and faculty as well as experts in business and industry, has reviewed 231 grant proposals since the program launched, with 54% of eligible HMS Quad faculty members applying. Awardees have launched seven start-up companies and attracted nearly $349 million in follow-on funding. Along the way, the program has become a cornerstone of the HMS Therapeutics Initiative, which is building a comprehensive pipeline from fundamental discovery to new medicines.
“Q-FASTR provides a unique opportunity to work with scientific talent on the best ideas to create change,” says Phill Gross, a member of the HMS Board of Fellows and the HMS Discovery Council. “This really is about smart people allocating capital, then advising and helping investigators achieve milestones and attract follow-on funding—with the goal of making transformational discoveries.”
Phill and Liz recently stepped forward again, committing $1.15 million to Q-FASTR and an additional $172,500 to support the administration of the HMS Therapeutics Initiative. Their gift was designed to inspire others to join them, and together these commitments enabled HMS to launch a new round of Q-FASTR awards.
For those who care about scientific innovation, this is a chance to be part of the ride from discovery toward potential therapeutic impact.
Quadrangle Fund for Advancing and Seeding Translational Research
Q-FASTR identifies, supports, and expedites early-stage research with eventual commercialization potential.