A New Prize Aims to Fire Up Open Science for Health - Inside Philanthropy: Fundraising Intelligence - Inside Philanthropy

"The NIH is joining two funders an ocean apart—but united by enthusiasm for open science and big data—to launch a new prize rewarding innovation in health and biomedical sciences. Cash prizes aside, the backers anticipate that it will pay off for everyone.  Two of the biggest science philanthropy trends these days are using funding to leverage the massive growth of big data, and inviting fresh ideas via competitions. They both celebrate the same sort of philanthropic spirit—being clever with sizable, but relatively small sums, to accelerate innovation. The two are a natural fit, in this case turning to the crowd in order to take on the particularly overwhelming challenge of making health data more easily accessible and useful for advancing research ..."