Anil Varanasi

Randomized Funding

We are seeing a great renaissance in new funding models1, grant programs2, and moving back (hopefully!) to “fund people, not projects”3. A lot of these initiatives bring an easy, non-bureaucratic application process to get funding. How applicants are selected is still largely the same.

Though there isn’t a full RCT selecting applicants to fund at random, there have been a few attempts at randomized funding:

Meta research:

Please send any novel attempts at application selection. This seems like a ripe area for experimentation!

Last updated 2021

  1. FROs, PARPA ↩︎

  2. AI Grant, Emergent Ventures, Fast Grants, Helium Grants ↩︎

  3. Fund people not projects by John Ioannidis, Fund people, not projects by José Luis Ricón ↩︎