Crowdfunding Expert Kendall Almerico Discusses Scientists Using Crowdfunding to Replace Research Grants

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Crowdfunding expert Kendall Almerico, CEO of crowdfunding site ClickStartMe, recently discussed how scientists have turned to crowdfunding to underwrite research rather than relying solely on grants. “Scientists are seeking non-traditional routes to underwrite research, like crowdfunding,” crowd funding expert Almerico says.

Crowdfunding Expert Kendall Almerico

Crowdfunding Expert Kendall Almerico

Public grants and investments are drying up for an increasing number of scientists, leaving them to seek alternative sources of money. And crowdfunding is filling that void

Crowdfunding expert Kendall Almerico, CEO of crowd funding site ClickStartMe, recently discussed how scientists have turned to crowdfunding to underwrite research, rather than relying solely on grants. “Scientists are seeking non-traditional routes to underwrite research, like crowdfunding,” crowd funding expert Almerico says. “Public grants and investments are drying up for an increasing number of scientists, leaving them to seek alternative sources of money. And crowdfunding is filling that void.”

With lack of funding forcing many scientists to delay or cancel research work, crowdfunding is a natural fit, Almerico says. Almerico cited a recent Washington Times article that discussed how scientist Ethan Perlstein had turned to the Internet, social media and crowdfunding to raise money for his efforts. “This scientist repeated the oft-heard mantra about government grant funding drying up,” Almerico said. “But he went the crowdfunding route, and raised the funding he needed to pursue his research.”

Almerico notes that Perlstein raised more than $25,000 for his project on drug discovery. Perlstein said that crowdfunding projects will have greater success if researchers put sufficient energy into their campaign and even tweeted that “crowdfunding is the gateway drug for independent scientists.”

About Kendall Almerico

Crowdfunding expert Kendall Almerico is the CEO of ClickStartMe, the crowdfunding site that provides individuals, organizations and businesses with an easy-to-use website to raise funds through online crowdfunding. Almerico is a nationally recognized crowdfunding expert and has been interviewed internationally on the topic, appeared on national talk radio programs discussing crowdfunding, and has been quoted in major news sources including the New York Daily News. Almerico is available for interviews and speaking engagements by contacting media at clickstartme.com or by calling 813.410.4658.

Source: Source: http://www.washingtontimes.com/news/2013/sep/3/scientists-discover-crowdfunding-as-a-way-of-repla/?utm_source=RSS_Feed&utm_medium=RSS

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