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Half of those grant-seekers don't get funded in time, but they can reapply once more.
At this rate, we won't be surprised if the Bluelace Project is fully funded in time to tie one on for happy hour. .
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Despite this obvious need, such posts are often difficult to fund in times when research budgets are under pressure.
It was funded in record time.
However, the need is much greater than what the program can fulfill and funding, in these times of economic challenge, is often hard to find.
Some local officials in Florida who did not get their money out of the fund in time expressed indignation yesterday.
Germany says the EU should now seek an all-embracing deal, including on the size and scope of the bail-out fund, in time for the next summit in March.
Argentina slipped into default this week after it failed to reach a deal with the US hedge funds in time to make a repayment deadline to the rest of its creditors, which form the vast majority.
When investors' skittishness threatened a global credit crisis, the United States financial regulators quickly lowered interest rates and orchestrated a pivotal bail-out of the mammoth Long-Term Capital Management fund in time to head off a panic.
Reports of the ECB's decision, which were released on Friday and not publicly confirmed, have raised fears that MPS would not be able to secure the private funds in time and that it would therefore require a "precautionary recapitalisation" – or rescue – by Italy.
– "Their CEO overestimated his abilities to acquire funding in time".
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