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The previous post described how China built its science and technology infrastructure. 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. Innovation Clusters.
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A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. Specifically, I often point to the NSF or the Small Business Innovation Research (SBIR) program for high-tech startups. The approval process is long and bureaucratic.
The previous post described how China built its science and technology infrastructure. 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. Innovation Clusters.
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The same year we started the class, it was adopted by the National Science Foundation to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) Steve Weinstein 30-year veteran of Silicon Valley technology companies and Hollywood media companies. Student Feedback.
Thus founders seeking funding for a good cause or a new technology often seize on grants from universities, government agencies and philanthropic organizations as free money to solve their problems. After months of preparation, you should expect another six to nine months for reviews and funding cycles. Technology is not enough.
SBIR Phase I companies together with relevant Air Force and venture capital stakeholders. What does SBIR Phase I mean, exactly? At Spark Collider, there were 100 companies present that received an initial award from the Department of Defense (DoD)— which denotes them as Phase 1 SBIR Awardees.
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