California Institute for Regenerative Medicine (CIRM)
CIRM was established in 2004 with the passage of Proposition 71, the California Stem Cell Research and Cures Act. The statewide ballot measure, which provided $3 billion in funding for stem cell research at California universities and research institutions, was overwhelmingly approved by voters, and called for the establishment of an entity to make grants and provide loans for stem cell research, research facilities, and other vital research opportunities. Through May 2013, the CIRM governing board has approved 611 research grants totaling $1.822 billion, making CIRM the largest source of funding for human stem cell research in the world. For more information, please visit www.cirm.ca.gov .