Oct 04, 2010
Crowdfunding science: utopia or reality?
Several initiatives are exploring the potential of crowdfunding for supporting scientific research. In this approach, that I described in a letter to Science donors can choose from a list of public projects. Projects seeking funding are stored in an online repository. Investors (either people or funding agencies) can decide which projects to fund.
The closest example of crowdfunding science is Cancer Research UK's MyProjects scheme (http://myprojects.cancerresearchuk.org/). Launched in October 2008, MyProjects allows Cancer Research UK donors to search projects by type of cancer and location to find a specific research project to donate money.
I am also running a crowdfunding-science project in Italy, called Open Genius. The website is available only in Italian, but you can find the essential info about the project in this presentation.
I wish to hear your comments about this!