Charitable giving: Clinatec to raise €30 million
Categorie(s) : Innovation & Society, News, Research
Published : 2 February 2015
Clinatec set up a foundation in November 2014 with the goal of raising €30 million in charitable donations within five years. The funds raised will pick up where Clinatec’s other resources—government subsidies and revenue from R&D contracts—leave off, enabling the center to pursue its groundbreaking work getting innovative treatments for spinal-cord injuries, Parkinson’s, and cancer to patients faster.
Clinatec’s supporters include the Edmond J. Safra Foundation, Fondation EDF, and Crédit Agricole, which sent an emailer out to its customers across the Rhône-Alpes region (Isère, Drôme, Ardèche, Rhône, Savoie, Haute-Savoie, Loire, and Haute-Loire) promoting the Clinatec fundraising drive. Private individuals and businesses of all sizes are welcome to give. Donations can even be made online on the Clinatec website.
Charitable giving to research organizations is a relatively new phenomenon in France. However, the practice is common in other countries, where institutes like Fraunhofer, EPFL, and CSEM have set up foundations to support their work.