Crowdfunding comes to R&D!

The University of Virginia is trialling raising crowdfunding for some of their R&D activities focused on social impact. Is this the start of a new trend?

http://news.virginia.edu/content/new-crowdfunding-site-allows-public-advance-uva-research-projects-through-targeted-donations

(Wikipedia defines crowdfunding as “…the collective effort of individuals who network and pool their money, usually via the Internet, to support efforts initiated by other people or organizations”)

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