Help for independent scientists and early-stage companies developing radical ideas

Peter Thiel, of Google’s driverless car fame, launched Breakout Labs, a new program to help independent scientists and early-stage companies develop their most radical ideas.

Funding agreements range from $50,000 to $350,000 depending on the nature of the project. Breakout Labs uses a revolving funding model where successful projects help fund the next generation of audacious scientific exploration.