Council of University Research Administrators serves its members and advances the field of research administration through education and professional development programs, the sharing of knowledge and experience, and by fostering a professional, collegial, and respected community. Hard money versus soft money In academic contexts, hard money may refer to funding received from a government or other entity at regular intervals, thus providing a steady inflow of financial resources to the beneficiary. The antonym, soft money, refers to funding provided only through competitive research grants and the writing of grant proposals. Hard money is usually issued by the government for the advancement of certain projects or for the benefit of specific agencies. Community healthcare, for instance, may be supported by the government by providing hard money. Since funds are disbursed regularly and continuously, the offices in charge of such projects are able to achieve their objectives more effectively than if they had been issued one-time grants. Individual jobs at a research institute may be classified as "hard-money positions" or "soft-money positions"; the former are expected to provide job security because their funding is secure in the long term, whereas individual "soft-money" positions may come and go with fluctuations in the number of grants awarded to the institution. Private funding: industrial/philanthropy/crowdfunding Private funding for research comes from philanthropists, crowd-funding, private companies, non-profit foundations, and professional organizations. Philanthropists and foundations have been pouring millions of dollars into a wide variety of scientific investigations, including basic research discovery, disease cures, particle physics, astronomy, marine science, and the environment. Privately funded research has been adept at identifying important and transformative areas of scientific research. Many large technology companies spend billions of dollars on research and development each year to gain an innovative advantage over their competitors, though only about 42% of this funding goes towards projects that are considered substantially new, or capable of yielding radical breakthroughs. New scientific start-up companies initially seek funding from crowd-funding organizations, venture capitalists, and angel investors, gathering preliminary results using rented facilities, but aim to eventually become self-sufficient. Europe and the United States have both reiterated the need for further private funding within universities. The European Commission highlights the need for private funding via research in policy areas such the European Green Deal and Europe’s role in the digital age. Influence on research The source of funding may introduce conscious or unconscious biases into a researcher's work. This is