Points Win Prizes

Funding comes in all shapes and sizes. Maybe one for the adventurous, but the Genomics X Prize has just been announced that promises $10M for the first successful sequencing of 100 human genomes in 10 days. This kind of high-throughput (low cost) genetic profiling is a prerequisit to usher in the era of personalised medicines.

More bite-size prize challenges can be found on the Innocentive web site that seeks to match up scientific problems of commercial worth with 'solvers'. Only problem is that if you solve one of the challenges you have to sign over the IP rights...like any fund raising you have to give some to get some!