Earlier quoted context omitted.
I don't want to minimize the awesomeness of the YCR proposal, but $10m isn't really very much in the scheme of research. NIH alone funds to order of $25bil a year in science research. Public-private funding schemes probably fund an order of magnitude more every year. $10m is pretty much just enough to fund one reasonably sized group, doing advanced research, for about a year to a year and half. Seems to me that Sam i…
>$10m isn't really very much in the scheme of research. NIH alone funds to order of $25bil a year in science research Sure, but the NIH is funding near to 50,000 competitive grants a year. Some googling online gives median/average grant size at $300k/$350k. Even $25bil over 50,000 projects is $500k a project a year. An academic institution will take 50% or more straight off the top, so you're looking closer to $150k…
For example, at many institutions it takes ~$250k to support a single researcher (Salary, health/personal insurance, institutional insurance) .