Frequently Asked Questions
What is Halo?
Halo is a curated fundraising platform that presents donors with promising research targeting specific medical conditions.
How will I know if the additional research is successful?
Halo provides updates on the progress of the research - Donors learn what worked, what was learned and what the next steps are.
What if the fundraising goal is not met?
If the fundraising goal is not met, the funds are still disbursed to the research project. While the fundraising goal is based on a detailed third-party assessment of costs, any amount of funding is helpful and can be deployed elsewhere to advance the research. However, donors can still request a full refund within 30 days of payment.
How do I request a refund?
Just email firstname.lastname@example.org within 30 days of the campaign’s end date.
Why don’t pharmaceutical companies fund this research if it’s so promising?
Pharmaceutical companies focus primarily on later stage research that has already been proven safe and effective. Additionally, while the research may be promising, the business opportunity may be limited due to the condition's rarity and other factors.
How does Halo select the research?
Halo works with universities, hospitals and research institutions to identify their most promising discoveries and the research projects necessary to advance them further. To be selected, the research project must:
- Target a critical milestone
- Cost less than $1M
- Take 12 months or less
Will Halo consider my research for funding?
To be considered for funding, reach out out to the Office of Tech Transfer at your organization and have them contact Halo directly at email@example.com.
Will Halo consider funding research projects for biotech companies?
Yes, early-stage biotech companies are encouraged to apply as long as the initial research was conducted at a non-profit hospital or university.
Is Halo a nonprofit?
Halo is a mission-driven for-profit company. Currently we make money by charging a small administration fee, which is 30% less than the average administration fee charged by nonprofits.