http://www.sens.org/sens-research/research-themes/mitosens
and you can look at Corral-Debrinski's breakthrough here:
http://www.ncbi.nlm.nih.gov/pubmed/18771762
Basically it's now shown possible to move a mitochondrial gene into the nucleus and then have the proteins produced pushed back to the mitochondria for use. When done for the 13 important mitochondrial genes whose mutation damages us, then this will make it possible completely remove their contribution to aging.
There is good reason to think that this is a large contribution.
Context:
http://www.fightaging.org/archives/2006/10/how-age-damaged-m...
How much money: $1 billion over ten years to implement SENS fully in mice. Incremental amounts obtain incremental progress.
It's interesting stuff. It makes me wonder whether I should be studying biology :)
http://www.mfoundation.org/?pn=mj_donations_funding
http://www.mfoundation.org/?pn=donors
These are just ("just") a few millions - though I'm sure the folk reading HN will appreciate how much work went into raising those funds for a visionary project. By any account, a grand success in putting forward a new idea and bringing on board people who think the same way. Like all grand successes, it's the first step on a much longer path.
(You may or may not know that one of the largest donors is Peter Thiel).
In essence, SENS is still looking for the big hit, the scale up to mid-7-figures. By donating modestly now you add your name to hundreds of others who have already stepped up to help make the ramp needed for that goal.
http://www.fightaging.org/archives/2009/12/lysosomal-activit...
The links at the bottom of this page outline progress to date - some potential enzymes are found, which could feed into a larger scale project to develop them if funding arrives:
http://www.sens.org/sens-research/research-themes/lysosens
Meanwhile, small scale funding can keep people working on screening bacteria for more enzymes to break down more types of chemical gunk that cause your cellular systems to fail with advancing age.
That question doesn't make a lot of sense. This is not a Web 2.0 startup. It's a lot more fundamental than that, and a lot of the required tools and technologies have not been invented yet - that's what they are trying to do.