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Crowdfunding university research and tech commercialization: 6 sites that are doing it

February 13, 2013 3:28 pm by | 1 Comments

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A piece in Forbes this week calls attention to a recent trend in technology commercialization at universities: the use of crowdfunding.

The article focused on a collaboration between the University of Utah’s Technology Commercialization Office and the crowdfunding site RocketHub, which resulted in the University Tech Vault, a portal specifically for projects that come out of the university.

Come to find, there are several other sites aimed at supporting donation-based crowdfunding for research projects, some of them created in partnerships with, or entirely around, universities. Most of the ones I found are still in beta mode, which demonstrates the newness of this alternative method of funding research. Feel free to leave any I missed in the comments.

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uStartups: Launched last fall by the National Council of Entrepreneurial Tech Transfer (NCET2), uStartups’ goal is to help university science projects continue when other funding sources have dried up. Unlike other crowdfunding sites, researchers keep the donations pledged even if they don’t meet their funding goals. It’s just getting up and running; so far, there are only a few live projects from University of Texas and University of Chicago.

Innovocracy: Two projects from the University of Rochester have been fully funded on the platform, which was created especially for research.

Superior Ideas: For now, this site is the home of research solely from Michigan Technological University, although there are plans to eventually add projects from other universities. A couple of health-related projects have already run successful campaigns, including one studying the connection between sleep apnea and heart disease.

Microryza: Founded by two former University of Washington researchers, this science-focused platform hosts a variety of research projects from both within and outside of universities.

iAMscientist: This is a global community of science, technology and medical researchers who share and fund research.

[Crowdfunding image from BigStock Photos]

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Deanna Pogorelc

By Deanna Pogorelc MedCity News

Deanna Pogorelc is a Cleveland-based reporter who writes obsessively about life science startups across the country, looking to technology transfer offices, startup incubators and investment funds to see what’s next in healthcare. She has a bachelor’s degree in journalism from Ball State University and previously covered business and education for a northeast Indiana newspaper.
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1 comments
QURE_Healthcare
QURE_Healthcare

@RonaldCornell @medcitynews Any concerns about fraud and lack of regulatory oversight of crowd-funding science projects?