The grants will support researchers in the early stages of their careers who are developing treatments for cancer, Alzheimer's disease, Parkinson's disease, multiple sclerosis and other conditions.
The institute approved a total of $59 million in grants Wednesday, including the $39 million to UC campuses and more than $7 million to UC-affiliated institutes.
UC San Francisco will receive a $13.7 million grant while UC Berkeley will receive $1.5 million. The J. David Gladstone Institutes at UC San Francisco will also receive a $5.7 million grant.
This is the second round of grants given out after nearly $25 million was awarded to eight UC campuses in December.
The California Institute for Regenerative Medicine received 55 applications from 32 institutions for the grants awarded Wednesday, which will require funded researchers to name mentors who will guide them toward establishing successful careers in stem cell research.