Why We Must Invest in Scientists, Not Just Science

This is where unrestricted funding plays an especially important role. Unrestricted funding is an investment in the person. It recognizes and supports their talent, ideas, judgment, curiosity, and long-term potential. The money provided can be used to buy new equipment, hire a new staff member, or simply pursue a new line of inquiry. It means having the space and time to evaluate an idea that might otherwise be too abstract for a regular grant application. 

Unrestricted funding also provides scientists with freedom in a broader sense: it can relieve anxiety over rent, allow for a much-needed family vacation, or simply reduce financial pressure and give great thinkers more time to think about their science.

This is the principle upon which the Blavatnik Awards for Young Scientists was founded. Awardees receive grants ranging from $15,000 to $250,000, the largest such prizes awarded to early-career scientists. Crucially, there are no conditions attached; it is up to the awardees themselves to decide how and where the money can make the greatest difference for their science.