Research Funding Facts & data — WeSci
Cart 0
Screen Shot 2021-09-05 at 7.34.01 PM.png
white.png
Screen Shot 2021-09-05 at 7.34.01 PM.png
white.png
 
 
 
 

The problem

A large limitation researchers face is lack of funding.

 

This is in part due to high costs of research combined with limited availability of government funds and large institutional overhead fees.

 
 
 
 
 
 
 
 

Our solution

A transparent and accessible platform which:

1. Gives everyone an opportunity to directly support and learn about ongoing research projects.

2. Helps labs bypass the large institutional fees that cut into their research budget.

3. Focuses on underfunded areas of research which are just as impactful as the highly funded.

 
 
 
 
 

National Institute of Health Funding Trends

Based on 10-year data on NIH funding (%)

Source: Publicly available data from National Institute of Health website

 
 

  • 20+ research areas
  • 5 research areas
  • 20+ research areas
  • 5 research areas

50% | 5

Approximately 50% of the annual NIH budget has been going to the same 5 “sexy” research areas

 

50% | 20+

While more than 20, and just as important, areas of research have been sharing the other half

 
 
 
 
 
 
 

NIH spending per category

Source: Publicly available data from National Institute of Health website

 

5-year NIH funding trends (2010-2020)

 

10-year NIH funding trends (2010-2020)