[DIYbio] medical research crowd funding

I have begun a web site with the aim of providing crowd funding to medical research projects. This idea was prompted by finding out that a university group had cured type 1 diabetes in mice, successfully completed a phase 1 human clinical trial, and needed funding to complete phase 2. I thought there must be quite a few groups out there who also need funding. What better way would there be than allowing the public to directly have a say in medical research by providing the means for them to find, fund, and follow the research that means the most to them. I am considering also opening this up to the DIY bio community, but I am not quite sure of all the considerations I would need to think about. I have also struggled with whether posting projects should be restricted to verified non-profits, or if I should leave it open. The thinking behind restriction was that I did not want any corporate drug companies on the site. But, by doing so, I may miss a lot of legitimate, innovative, and compassionate for profit groups, especially within the DIY bio communities. How many of you with businesses are non-profit? How many are for profit? What would you think about a site like this?

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