Science Crowdfunding For Research Money

It’s getting harder and harder to obtain pure science research grants.

So, many scientists are turning to crowdfunding for certain projects.

A study has found that junior scientists are more adept at raising crowdfunding monies than older ones due to: more social media skills, less of a need for a published research record, and donors may not have a financial motive for giving (ie, they’re more interested in helping to find a cure).

While it’s not a gold rush, of the projects reviewed “48% were successful, raising an average of $12,617. The median was $3,103.”

And women were successful more often than men.

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, balance, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, review, technology, VC, Venture Capital and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

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