Organization:Convergent Research
Convergent Research is an incubator for philanthropic ventures founded in 2021 and funded by Eric Schmidt, Wendy Schmidt and Ken Griffin[1][2] as part of the Schmidt Futures Network.[3] Convergent Research is designed to identify high-impact scientific or technological R&D fields, then launch companies to address these fields with a structure they call Focused Research Organizations (FROs).[4] As of 2023, there are 7 FROs.[5]
Focused Research Organizations (FROs)
A Focused Research Organization, or FRO, is a type of non-profit organization designed to address technical problems or perform scientific research. They differ from academic research labs in that they have medium-to-large size teams with corporate structures, embrace projects which are unlikely to yield publishable results, and frequently involve scientists and engineers collaborating across disciplines.[6] FRO projects are not profitable enough in their initial stages for them to constitute a startup company, and unlike think tanks or research institutes, tend to pursue specific technical goals rather than general research.[7] Once their technical goals are achieved, FROs may evolve into more traditional non-profits, or become backed by venture capital and transform into startups.[8]
List of FROs
- Development for Lean (proof assistant) is supported by a FRO.
- E11 bio has a goal of creating a single-cell neural circuit mapping tool.[9]
- Cultivarium
- ParallelSq Technology Institute
- EvE Bio
- Forest Neuro
- [c]Worthy
- CHI FRO[10]
References
- ↑ Stiffman, Eden (July 18, 2023). "How a 5-minute phone call between a millennial billionaire and an economist created a $50 million grant program backed by Musk, Thiel, Zuckerberg and more tech luminaries". https://fortune.com/2023/07/18/billionaires-musk-zuckerberg-thiel-5-minute-phone-call-collison-fast-grants/.
- ↑ Cole, Samantha (March 15, 2023). "Schmidt Futures and Ken Griffin Commit $50 Million to Support the Next Big Breakthroughs in Science". https://www.schmidtfutures.org/schmidt-futures-and-ken-griffin-commit-50-million-to-support-the-next-big-breakthroughs-in-science/.
- ↑ Knapp, Alex (Mar 17, 2023). "Why Billionaires Ken Griffin And Eric Schmidt Are Spending $50 Million On A New Kind Of Scientific Research". https://www.forbes.com/sites/alexknapp/2023/03/17/why-billionaires-ken-griffin-and-eric-schmidt-are-spending-50-million-on-a-new-kind-of-scientific-research/.
- ↑ "Schmidt Futures announces launch of Schmidt Futures Network". October 16, 2021. https://philanthropynewsdigest.org/news/schmidt-futures-announces-launch-of-schmidt-futures-network.
- ↑ "FRO Portfolio". https://www.convergentresearch.org/fro-portfolio.
- ↑ "Focused Research Organizations: A New Model for Scientific Research" (in en-US). 2023-06-15. https://fas.org/publication/focused-research-organizations-a-new-model-for-scientific-research/.
- ↑ "Unblock research bottlenecks with non-profit start-ups". 11 January 2022. https://www.nature.com/articles/d41586-022-00018-5.
- ↑ "A New Model for Science". 2022-08-04. https://www.institute.global/insights/tech-and-digitalisation/new-model-science.
- ↑ "E11 Bio | Moonshot Neuroscience" (in en-US). https://e11.bio/.
- ↑ "Home Chi-fro.org" (in en-US). https://chi-fro.org/.
External links
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