1997 Customer Development Design Seed Capital 
Steve Blank
APRIL 12, 2013
The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. It went bankrupt in 1997.).
Steve Blank
APRIL 12, 2013
The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. It went bankrupt in 1997.).
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