Mike linked me to a Chronicle Bottom Line blog story about how U. of Virginia Teams Up With ‘Crowdfunding’ Site to Finance Research. UVa is teaming up with USEED, a company that has built a “fundraising platform [that] taps the power of social networks and the voice of your students to engage alumni and win new donors…” USEED is unlike Kickstarter in that it creates a unique site for each university rather than forcing them to compete on the same site. It is closer to the FutureFunder.ca site for Carleton.
USEED is an example of a company that is experimenting with “social entrepreneurship” a gray area between for-profit and not-for-profit work. The Chronicle also has a story on the ambiguities of social entrepreurship. At times it seems like there are a lot of startups that are circling universities trying to figure out how to feed on our antiquated corpse.