Definitely appreciate more people funding projects like this. Heck, hopefully I'll be applying with an idea like this in the future too!
My worry/question is, what steps are you taking to vet the eventual scientific feasibility of these ideas? My main thesis is that biotech ideas and projects are fundamentally different from tech in the sense that any prototype (less than a clinical trial) is not a real prototype so some method needs to exist to account for that in the evaluation.