The Heffter Research Institute was established in 1993 to fund research on classic psychedelic drugs. As psychedelic science has grown there is an urgent need to expand sources of funding. This panel will discuss the advocacy for increased funding for psychedelic research by the new bipartisan Congressional Psychedelics Advancing Clinical Treatments “PACT” Caucus in the House, the research experience that investigators need to compete for NIHand other grants, the importance of support for new psychedelic researchers, and the need for ongoing research to make new discoveries about psychedelics.