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He also noted that approximately 1700 of the funding applications came from young researchers and that the country will increasingly fund "brain gain" programs in its quest to attract the science diaspora back to the country.
For over two decades this important music festival has raised almost a quarter of a billion dollars to fund brain research.
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"And historically, African universities have been plagued by a lack of funding, brain drain, even erratic supplies of electricity".
Funds brain research through MIT's McGovern Institute.
Four private groups the Allen Institute for Brain Science, the Howard Hughes Medical Institute, the Kavli Foundation, and the Salk Institute for Biological Studies say they will support the project by funding BRAIN related research at their institutions.
Peter Jackson, branch chief of the AIDS Research Review Branch at the NIAID, explained that there are six major new NIH sources for funding: brain research through advancing innovative neurotechnologies (BRAIN), accelerated medicine, translating big data to knowledge, cancer immunotherapy, influenza prevention, and biomedical workforce improvement.
The money will fund its brain bank, a centre which encourages people to donate their brains for medical research.
"There has been a lack of funding, a brain drain and health infrastructure has been destroyed in Libya, Yemen and Syria.
Where are we as we ignore red flags of mental health and don't take action which could result in more understanding and funding for brain research?
It currently brings in less than 3percentt of new funding for brain research and is a fraction of the one billion Euros being spent on the new European Human Brain Project initiative.
In a presidential debate about science, it would be perfectly valid for a candidate to talk about the science of mental illness purely in economic terms, comparing, for example, increased funding for brain research with the continued financial toll of the status quo.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com