Show HN: Cat's Grant (experimental grant for ML research)
Summary
Cat's Grant offers funding for machine learning research, allowing researchers to retain IP rights while providing flexibility in project direction and reporting requirements.
Why It Matters
This initiative is significant as it fosters innovation in machine learning by providing financial support without bureaucratic constraints. It encourages independent research, potentially leading to breakthroughs in AI, while also promoting collaboration between the grantor and researchers.
Key Takeaways
- Grants available in three sizes: $10k, $50k, and $100k, distributed over 10 months.
- Researchers maintain ownership of their intellectual property and can pursue their own research interests.
- Application process includes an email submission followed by screening calls to assess fit.
- Weekly and monthly reporting requirements ensure accountability while allowing flexibility in research direction.
- The initiative aims to promote innovative research in machine learning and AI with minimal red tape.
Hacker Newsnew | past | comments | ask | show | jobs | submitloginShow HN: Cat's Grant (experimental grant for ML research)2 points by notacat on May 13, 2024 | hide | past | favoritetldr: - you get paid to do your own research and report to me - you keep IP/ownership rights - 10 months duration - choose a grant size of $10k, $50k or $100k total (paid in monthly chunks) - Apply by sending an email to not_a_cat@fastmail.com How it works: You specify the grant size when applying: 10k, 50k and 100k. This total amount will be distributed over a period of 10 months. I will review each application within 1 week. The deadline to apply is June 9. The start date is flexible and can be the start of June, July, August or September. The total budget I will allocate to this is around 100-200kI haven't yet made a proper contract reviewed by lawyers. If interest is strong enough, I will do it and try hard to keep the spirit of what is said here. The contract will be under Swiss law.Rationale: I get to meet cool people, promote and follow cool research. You get to do the research you want with little red tape (I'll be the sole decision maker for applications. Paperwork will be done with the help of other people).Application process: You choose the grant size you apply for. You can apply to multiple ones at the same time. Then, you may be accepted for one grant option or rejected for all. The process has 3 stages: - Email application - First screening call - Second call with more in-depth ...