Scientists discover ‘crowdfunding’ as a way of replacing research grants

Scientists discover ‘crowdfunding’ as a way of replacing research grants

Traditional scientific funding proposals typically do not ask donors to “crowdfund my meth lab, yo,” but then young scientist Ethan Perlstein isn’t taking the traditional route to underwrite his research. Like an increasing number of scientists who have seen public grants and investments shrivel, Mr. Perlstein has broken away from traditional sources of scientific funding and turned to the Web, social media and “crowdfunding” to...

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Meet Consano, The Crowdfunding Platform That Wants To Help Cure Cancer

Crowdfunding has been a godsend for getting lots of projects off the ground that otherwise may not have attracted dollars from traditional powers-that-be in retail manufacturing, music, movies, and the like. So at a time when the federal dollars that typically fund medical research are under more constraint than ever, doesn’t it make sense to bring that same model that has worked so well for wristwatches and rock albums to work for curing...

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