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UVa website allows for project crowdfunding

Wednesday - 5/29/2013, 3:50am  ET

CHARLOTTESVILLE, Va. (AP) -- A new website is allowing University of Virginia alumni and others to make targeted, tax-deductible donations to specific research and development projects under way at the university.

The Charlottesville school has partnered with a company called USEED for its efforts. The crowdfunding start-up focused on philanthropic fundraising for higher education.

The site features videos and information about select research projects seeking funding to achieve specified milestones, such as the development of a prototype.

The currently featured projects are seeking between $19,000 and $35,000 to advance clean-water technology and improve visualization of injuries following sexual assault.

The site launched with two projects, which have until June 27 to meet their funding goals. It will feature up to 10 projects over the course of a six-month pilot initiative.



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