This sounds like the perfect case for crowd founding. The community would likely...

Pet_Ant 27 days ago | parent | context | favorite | on: How to improve the RISC-V specification

This sounds like the perfect case for crowd founding. The community would likely support it. I bet some industry partners would support it. If you had a reasonable team capable throw it up there. $1M means 3 people at $330k, that seems feasible.