China’s Torch Program – the glow that can light the world (Part 2 of 5)
Steve Blank
APRIL 11, 2013
government’s SBIR and STTR programs. The ultimate goal of Innofund is to get the startups far enough along in technology and market validation so other sources of financial capital (banks, VC’s, corporate partners) will invest. Seed Funding (Innofund). The best analog for China’s InnoFund is the U.S. Venture Guiding Fund.
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