How are the campaigns handled?

We utilize both the “Immediate Delivery of Funds” and “All or Nothing” models of crowdfunding.

If the study had already been granted regulatory approval, the campaign must run utilizing the “All or Nothing” model of crowdfunding with the aim to cover the operational costs of the Project Study. This means that the Researcher / Project Creator sets a campaign target goal and no contributions are processed until the target goal is met & until the Researcher / Project Creator confirms that the Project Study is able to launch.

If the study had not yet been granted regulatory approval, we require that Researcher / Project Creator handles the campaign in a two-step process. Initially, the campaign must run to only cover the costs of regulatory approval. This part of the crowdfunding campaign utilizes the “Immediate Delivery of Funds” model & all contributions are processed & made available to the Researcher / Project Creator immediately. The Researcher / Project Creator is at liberty to use the available funds while the campaign is live & accepting contributions.

It is important to understand that at this stage, the Researcher / Project Creator makes no obligation in regard to launching, conducting or completing the Project Study other than the obligation to make their best possible effort for the Project Study to be granted regulatory approval. Accepting a contribution at this stage does not imply that the Researcher / Project Creator is able to guarantee that the Project Study will be granted regulatory approval or that the Project study will be able to launch even if regulatory approval is granted. The funds will be spent on the Project study attempting to gain regulatory approval and no refunds will be possible if the regulatory approval is not granted.

Once the study had been granted regulatory approval, Researcher / Project Creator can create a new campaign with the aim to fund the operational costs of the Project Study utilizing the ”All or Nothing” model of crowdfunding.

These steps are required in order to provide maximum possible flexibility to the Researchers. Launching a human clinical study is a complex process and our goal is to assist the Researchers to the best of our ability. This process also ensures maximum transparency and ensures that the the Researcher / Project Creator does not take on any obligations prior to having reasonable certainly that these obligations can be met.

The Project’s Crowdfunding Campaign page will specify whether the study has been granted regulatory approval and will specify the model of crowdfunding for the current campaign.

What is the maximum campaign length?

The maximum possible campaign length is 1 year for the “All or Nothing” model of crowdfunding. There is no time limit for campaigns utilizing the “Immediate Delivery of Funds” model of crowdfunding, which is used with the aim to cover regulatory approval expenses.

How are funding goals selected?

The Researcher / Project Creator is free to select a target goal that may or may not be the final total that is required to cover a. the regulatory process or b. operational costs of the Project Study.

We advise that the Researcher / Project Creator sets the target goal to reflect the complete and most current Project Study funding needs unless the Researcher / Project Creator can be reasonably certain that remaining funds will be secured by other means and that the selected partial goal will be sufficient for the Project Study to a. seek regulatory approval or b. to cover operational costs of the Project Study.

In the event that the Researcher secures funding through any other means during the time that the Project’s Crowdfunding Campaign is live and accepting contributions, the Researcher / Project Creator must update the target goal of the Project’s Crowdfunding Campaign and edit it in a way that the target goal reflects the updated & most current Project funding needs.

Can the campaign end date and target goal be modified?

The Researcher / Project Creator is free to modify the target goal and Campaign end date while the Campaign is live & accepting contributions, as long as the maximum time limit had not been reached. For instance, the Researcher / Project Creator may decrease the target goalif a portion of the required funds is secured by other means. The end date may be extended if more time is needed in order to reach the target goal or secure funds by other means. The modifications are possible at any point except for the last 24 hours of the campaign.

What obligations does the Researcher / Project Creator have to the Contributors?

When running a Campaign to cover the costs of regulatory approval, the only obligation that the Researcher / Project Creator has to the Contributors is to make their best possible effort for the Project Study to be granted regulatory approval and to submit updates the Anti Cancer Alliance at the rate specified on the Project’s Crowdfunding Campaign page.

When running a campaign to cover the operational costs of the Project Study, the Researcher / Project Creator is obligated to not instruct The Anti Cancer Alliance to process the funds until the Researcher / Project Creator has reasonable certainty that the Project Study is able to launch. From this point, the Researcher / Project Creator is obligated to conduct the Project Study to the best of their ability & to provide a progress update to the Anti Cancer Alliance at the rate specified on the Project’s Crowdfunding Campaign page.

What if the Project campaign does not reach the target goal?

If the 1 year time limit had not yet been reached, the Researcher / Project Creator is free to extend the Project Campaign end date. If the 1 year time limit had run out & the Researcher / Project Creator has not acquired the necessary funds to launch & conduct the Project Study, the campaign must be cancelled with no contributions processed and no funds received by the Researcher / Project Creator.

The Researcher / Project Creator is free to relaunch the Project Campaign. In this event, we will make our best effort to contact all Contributors via email to inform them that their pledges have been cancelled. We can not transfer the previous pledges to the new campaign & the Contributors have no obligation to resubmit the pledges.

Who can apply to run a crowdfunding campaign?

Any Researcher affiliated with a hospital or university is eligible to run a crowdfunding campaign for their Projects.

We require that the Project is online for a minimum of one months prior to adding a crowdfunding campaign to the Project.

Prior to launching a crowdfunding campaign, our procedure includes contacting the affiliated institution to verify the identity & all claims made by the Researcher / Project Creator.

Where do the funds go?

All collected funds will be directed to fund the specific study of the Contributor’s choice. The receiving account that will be holding the funds on behalf of the Researcher / Project Creator must belong to a hospital, university or a recognized charity. The specific institution that will be holding the funds will be specified on the Project’s Crowdfunding Campaign page. The Anti Cancer Alliance functions as a gateway between the Contributor & the Receiver, we do not accept or hold any funds.

How are funds processed?

We use secure Stripe as out payment gateway. The Anti Cancer Alliance does not accept, store or has any access to the funds. All funds travel directly from the Contributor to the Receiver. We do not store credit card details on our servers. When the contribution is made, a one time “token” with encrypted payment information is generated by Stripe, this token will allow to collect the funds.

If the campaign is running to cover the cost of regulatory approval utilizing the ”Immediate Delivery of Funds” model of crowdfunding, the funds will be processed & made available to the Researcher / Project Creator immediately.

If the campaign is running to cover the operational costs of the Project Study utilizing the ”All or Nothing” model of crowdfunding, the funds will not be processed until the campaign target goal is met. The maximum possible campaign time limit is 1 year.

Due to the possible extended time frame between when the contribution is pledged & processed, we will make an attempt to contact all Contributors via email 3 days and 24 hours prior to attempting to process the funds.

When can Contributors expect to see results?

The Contributors must understand that launching & conducting a human clinical study is a complex & lengthy process. We cannot provide an estimate on when the Contributors can expect to see any result from the Project Studies. The Researchers / Project Creators are obligated to the Contributors to provide updates at the rate specified on the Project’s Crowdfunding Campaign page.

Who owns the data?

All data generated by the Project Study is owned by the Researcher / Project creator and/or their affiliated institution. Neither The Anti Cancer Alliance nor the Contributors own any part of the generated data.

What about Intellectual Property?

It is the Researcher’s / Project Creator’s responsibility to refrain from submitting anything that may prevent them from protecting intellectual property or publishing study results in journals.

How do I know that the Researcher / Project creator can be trusted?

Prior to launching a crowdfunding campaign, our procedure includes contacting the affiliated institution to verify the identity & all claims made by the Researcher / Project Creator. We encourage the Contributors to contact the Project team with any questions or concerns.

Who is responsible if the Researcher / Project Creator fails to meet his or her obligations to the Contributors?

The Anti Cancer Alliance holds no liability in this case. The Anti Cancer Alliance will not participate in any disputes between the Contributors and the Researchers / Project Creators.

What are the fees for running a crowdfunding campaign?

The Anti Cancer Alliance does not take any fees. Our only purpose is to assist patient orientated oncological research. The current payment processing rate is 2.9% + 30c as charged by the Payment Processor.

Can refunds be issued?

Contributions made to Projects utilizing the “Immediate Delivery of Funds” model of crowdfunding cannot be refunded. The Contributor understands that the funds acquired by the Researcher may be spent while the Campaign is still live & accepting contributions.

A pledge made under the “All or Nothing” model of crowdfunding can be cancelled at any point prior to the campaign meeting the target goal except for the last 24 hours. The Contributor must contact the Anti Cancer Alliance & inform us of their wish to cancel a pledge.
Once the Campaign target goal is reached, it is no longer possible to cancel a pledge & refunds will not be issued.

In the event that the Researcher / Project Creator is not able to meet obligations to the Contributors for any reason, refunds may be issued subtracted the Payment Processing fees. The guidelines of conduct that cover such events will be outlined by the Researcher / Project Creator on the Project’s Crowdfunding Campaign page and the User must not submit any contribution to the Project if unsatisfied with the information provided. If no reference to refunds is made on the Project’s Crowdfunding Campaign page, the User / Contributor must assume that refunds cannot and will not be issued.

The Anti Cancer Alliance does not have access to any of the processed funds and therefore can not issue refunds on behalf of the Researcher / Project Creator.