Buddy, Can You Spare a Dime?

An interesting idea from the National Institutes of Health (NIH). The National Health Council is setting up a database of all the projects that were highly rated by NIH but didn't get funded. The idea is that other funders can window shop and may back some of these projects that lost out on federal funding.

Interesting idea, but...well, it's not like there are funders out there with spare millions rattling around their pockets, saying 'if only someone would relieve me of this funding burden!' The impression I get is that all funders are being equally stretched, and all have more worthy calls on their cash than they can ever fund.

But good luck to this. I'd love to be proved wrong.