Basic Research studies the nature of the universe, without seeking any particular commercial benefit. The bulk of basic research in the United States is funded by the federal government and universities.
In contrast, Applied Research attempts to solve practical problems, and is most commonly supported by industrial interests.
Medstartr “enables patients, doctors, institutions, partners, and investors to find and fund the best ideas in healthcare and bring them to life.”
Petridish “lets you fund promising research projects and join first hand in new discoveries.”
iAMscientist “is a global community of science, technology and medical researchers who come together to accelerate research, support career development and drive the distribution of discoveries.”
In a recent interview, #SciFund Challenge founder Jai Ranganathan talked about how scientists are adapting to today’s funding environment.
Brian notes an Indiegogo campaign that raised more than $700,000 to send a bus monitor on vacation.
Jeff mentions the Folding@home project that networks together personal computers from all over the world to form a supercomputer capable of simulating protein folding.
A space telescope, with the acronym of ARKYD, is being crowdfunded on Kickstarter with a funding goal of $1 million. In comparison, NASA’s James Webb Space Telescope has already spent more than $3 billion, with the project not yet completed.
The plasma technology video that Jeff mentions is a spoof, making light of how scientists might have to go about getting funding in the future.