Bringing Hollywood to the world of medical research
In the movie industry, the ‘Greenlight’ is the process by which the decision is made to produce and finance a movie. Developed over 100 years of Hollywood practice, it resembles a ‘wise crowd’ in its outcomes, producing high quality decisions that are better than individual expert or committee decisions.
The Foundation is now exploring if Hollywood's Greenlight process could be applied to decision-making about funding medical research. Could it help to attract investment in new and innovative ideas that would not otherwise be funded? We think the answer is yes!
New ideas and new philanthropy
We are currently running a Greenlight Pilot Program to explore how this model could work in practice. Our aim is to stimulate innovation in paediatric medical research and unlock new investment for unfunded ideas.
The Pilot is being led by Dr David Court, a Board director of Sydney Children’s Hospitals Foundation and the founder of Compton School, Australia’s first business school for creative people. Compton School is partnering with the Foundation to apply their teaching expertise and practical experience of the Greenlight process to address the challenge of finding funding for medical research.
What is the Pilot Program offering to participants?
Since the Pilot launched in October 2019, we have been running training workshops and pitch practice sessions with our participating researchers, to enhance their skills in explaining complex medical ideas to philanthropists in a compelling way. We're also preparing to run a peer review process by inviting 'Greenlighters' to vote online for the projects they think have the most potential to deliver impact. In parallel we are engaging the Foundation’s supporters in the design of the Pilot program and gathering their insights about what matters, with the aim of finding a perfect match between the ideas and philanthropy!
We are no longer accepting new projects for the Greenlight Pilot, but if you are interested in being a 'Greenlighter' in our peer review process, get in touch!