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  <body>You have reached this site at a very early stage of development. We are currently building a robust, community-driven site to engage scientists and stimulate innovation in the research community. Please check back soon and/or leave your email with us so we can let you know when more information becomes available!

One of the primary aims of our initiative is to create a prize-based mechanism for funding research. With prize-based funding, our organization would publish specific objectives to be achieved as conditions to receiving the prize funding. Prizes would be open for competition from all researchers in the scientific community. The individual or group that achieves the objectives submits their results to the Open Science Initiative and receives the prize. 

Prize-based funding has been very successful in the private sector for stimulating innovation (i.e. X-Prize). However this type of funding mechanism has not been applied in the academic research community. Funding in academic research continues to be dominated by a handful of grant-based agencies (i.e. &lt;a href="http://www.nih.gov"&gt;NIH&lt;/a&gt;, &lt;a href="http://www.nsf.gov"&gt;NSF&lt;/a&gt;). Our aim is to implement academic prizes to encourage a new type of innovation in the scientific community.

If you have specific comments or questions, please feel free to contact us directly. Of course, many more details coming soon! 

Armen Arevian, PhD
Founder, Open Science Initiative
&lt;a href="mailto:armen@opsci.org"&gt;armen@opsci.org&lt;/a&gt;</body>
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  <created-at type="datetime">2009-04-10T18:10:02Z</created-at>
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  <title>About the Open Science Initiative...</title>
  <updated-at type="datetime">2009-07-26T21:27:24Z</updated-at>
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