Steve Blank
SEPTEMBER 24, 2020
One observation that often goes unnoticed is that the government audit agencies – GAO, DoDIG – are also part of the problem, as they work hard in assuring compliance with bad strategy. invests large % of its GDP in research and development; however, the source of those dollars has shifted from government to private industry.
Steve Blank
APRIL 12, 2013
By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. Like the U.S. It went bankrupt in 1997.).
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Steve Blank
SEPTEMBER 24, 2020
One observation that often goes unnoticed is that the government audit agencies – GAO, DoDIG – are also part of the problem, as they work hard in assuring compliance with bad strategy. invests large % of its GDP in research and development; however, the source of those dollars has shifted from government to private industry.
Steve Blank
APRIL 12, 2013
By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. Like the U.S. It went bankrupt in 1997.).
Steve Blank
APRIL 11, 2013
This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. They provide consulting, promotion, product testing, hiring, training and incubation services to startups.
Up and Running
APRIL 24, 2018
Because of complex government regulations and a lengthy incubation period, funding a healthcare startup is more difficult compared to financing a tech startup. SBIR often offers grants to projects that are deemed risky by the VCs or equity investors. Spending a few hundred dollars today may end up saving millions tomorrow.
Steve Blank
APRIL 11, 2013
This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. They provide consulting, promotion, product testing, hiring, training and incubation services to startups.
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