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Do you really want to hear this long sad tale? - ohio Research is funded two ways: 1. Commercial Large Companies will fund research they think will give them a profitable edge. (Bell Labs was a notable example if you can remember that far back) A researcher would apply to the bean counters with a document 'Feasibility study' detailing the theory, he wished to pursue, cost of the research, benefits expected and probability of success. If the bean counters liked it , they funded his project. More often the bean counters would assign a 'can we do this & how pilot project with a limited budget. Again a report usually of partial results and recommendation whether to continue the project, again with estimated costs & revised benefits. 2.Pure or Academic Research Here the funders are Universities and charitable Foundations, again with bean counters, again with documents, this time called 'Grant Proposals' The researcher, (and he'd better have academic credentials even to be considered, [lotsa politics here]), presents an outline of his research, the benefits to society to be realized, the expected costs and hopes to receive a 'Grant' to do the research. As you can see, getting money involves convincing bean counters to spend it via documents. Not all scientists can write proposals for bean counters as well as they do science. There's also a lot of politics and polite back-stabbing involved, but we won't go into that. Get it?
"...but they gave it no funding..." When you say 'they', who are you referring to? It's not as if there is a single group of people that make decisions about funding.... "They" didn't decide anything. "They" don't even exist (at least, not as a cohesive group). Funding is decided by many factors....the most important one is "Who do you know?" If you know someone who can pull strings, you might get funded. If you don't...you won't get funded. That's the game that researchers have always played.
No one funds actual theories, they fund people and instruments. If you can show that you're doing good work and getting your work published, you can get funding to do whatever it is you do. And as long as you can support your ideas, you can get them published.
Experiments are funded - not theories.