Kickstarting Your Career: Crowdfunding For Scientific Research

Kevin Hascup | RateMyPI.com | October 7, 2012

Christopher Columbus spent 7 years convincing private investors and heads of state to fund his idea of finding a faster trade route to the East Indies.  As research scientists, we’re not much different than Columbus.  Instead of requesting court with Kings and Queens, we propose ideas to government agencies that allocate funding to academic researchers.  But, as governments around the world are looking for ways to reduce spending, grant funding is becoming more and more difficult to obtain.  This leaves young investigators floating in a never ending sea of postdoctoral positions.   Even well funded researchers are looking for alternative sources of financial support in order to fill the downtime between the 12-18 month R01 grant cycles.

Popularized by such sites as Kickstarter, crowdfunding has become a main source of financial support for entrepreneurs with ideas ranging from clothing lines to social media.  Unfortunately, Kickstarter prohibits projects for health and medicine, making the site useless for academic researchers.  To fill this gap, Petridish, iAMscientist and MedStartr have come online in the past 6 months.  These sites are devoted to helping academic or not for profit tenured, postdoctoral and graduate scientists obtain funding for their research ideas.  Simply propose a research idea, upload video and photos describing your proposal, set a minimum funding requirement and use your social media network to alert your colleagues...