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The funding process gave us far more than money, however.
He said: "This report is timely, urgent and damning of an increasingly centralised funding process.
Primary Care Trusts, which represented a public interest in the funding process, are being scrapped.
This fits within a long history of Conservative attacks on the research funding process.
He described the whole funding process as "like nailing jelly to a wall".
"The funding process for that is going on at the moment.
Independent appraisals of the strategy's grant funding process have been critical ever since.
"Our new funding process supports 25percentt more groups with significantly more dollars than in the past," she said.
The following year, the federal government allocated $4.9bn to the IAS grant funding process and its "administered procurement activities".
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Some researchers are concerned that the crowd-funding process could allow weaker proposals to win funding because it bypasses peer review.
"It's great," she said of the fan-funding process.
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