Patent ID: 7885900

Claim:
A web-based grant management method that enables a granting organization or commercial sponsor to manage life science grants, the method comprising the steps of: receiving at a web-based portal computer readable registration information pertaining to a grant requestor, thereby initiating a grant application request; maintaining in computer readable form a local compliance database that includes an exclusion list of grant requestors that have been excluded from receiving a grant; automatically determining art exclusion status for the grant requestor by comparing the computer readable registration information to the exclusion list, wherein the determination is made by a grant management application coupled to the web-based portal: informing the grant requestor of its exclusion status via the web-based portal; if the grant requestor's exclusion status indicates the grant requestor is excluded from receiving a grant, then terminating the grant application request by denying submission of grant information pertaining to a grant sought; but if the grant requestor's exclusion status is determined to be satisfactory by the grant management application, then continuing the grant application request by receiving at the web-based portal computer readable grant information; and based on the computer readable grant information and the computer readable registration information, deriving a custom set of business rules to automatically manage the grant sought, wherein the business rules are implemented by the grant management application.