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Published on: August 2, 2024
Crowdfunding for cardiovascular research
Chayakrit Krittanawong1, HongJu Janet Zhang2, Mehmet Aydar3
1Department of Internal Medicine, Icahn School of Medicine at Mount Sinai St. Luke's and Mount Sinai West, New York, NY, USA.
Insights
Public funding for cardiovascular research is competitive. This study explores crowdfunding as an alternative financing method to support scientific initiatives and research.
Area of Science:
- Cardiovascular Research
- Biomedical Funding
- Public Health Initiatives
Background:
- Increasing competition for public research grants presents challenges for independent researchers.
- The need for alternative funding sources in cardiovascular research is growing.
- Crowdfunding offers a novel approach to secure financial support for research projects.
Purpose of the Study:
- To assess the feasibility of using online crowdfunding for cardiovascular research.
- To explore the potential of crowdfunding as a supplementary funding stream for scientific endeavors.
- To analyze the viability of public engagement in funding cardiovascular research.
Main Methods:
- Exploratory data analysis of crowdfunding platforms.
- Assessment of project success rates and funding levels.
- Evaluation of public engagement metrics in cardiovascular crowdfunding campaigns.
Main Results:
- Preliminary data suggests crowdfunding is a potential avenue for cardiovascular research funding.
- Analysis indicates varying levels of success in crowdfunding cardiovascular projects.
- Public interest in supporting cardiovascular health initiatives online is evident.
Conclusions:
- Crowdfunding presents a viable, albeit nascent, option for securing funds in cardiovascular research.
- Further investigation into optimizing crowdfunding strategies for scientific research is warranted.
- Engaging the public through crowdfunding can raise awareness and support for cardiovascular health.
Abstract:
The competition for public cardiovascular research grants has recently increased. Independent researchers are facing increasing competition for public research grant support and ultimately may need to seek alternative funding sources. Crowdfunding, a financing method of raising funds online by pooling together small donations from the online community to support a specific initiative, seems to have significant potential. However, the feasibility of crowdfunding for cardiovascular research remains unknown. Here, we performed exploratory data analysis of the feasibility of online crowdfunding in cardiovascular research.

