CIRM meaning in Governmental ?

The California Institute for Regenerative Medicine (CIRM) was created in 2004 after 59% of California voters approved California Proposition 71: the Research and Cures Initiative, which allocated $3 billion to fund stem cell research in California.

Institutes dedicated to stem cell research and training exist at Sanford Consortium, University of California, Santa Cruz, Stanford University, University of California Davis, University of California Irvine, University of California San Francisco, University of California Los Angeles and University of Southern California. Five “Alpha Stem Cell Clinics have also been established to lead clinical trials for stem cell therapies at City of Hope, University of California San Diego, University of California San Francisco, University of California Davis and a joint clinic at University of California Los Angeles and University of California Irvine.