This is strictly available only to non profits, universities (esp HBCUs) and local governments. Partnerships with private industry to receive any grant money is essentially a local politicking game, there’s no direct channel to actually receive a grant as a tech business in one of these tech hubs. Kinda broken.

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

🐵 ← 🙈🙉🙊 → /phil →  phil.cockfield.net, db.team →  
ƒ(🌳) →  🧫 /sys  ←  @cell <T>

The belief is that local communities know better how to spend money, but realistically they don’t so it becomes a grift

The "resource allocation" problem sure is alive and real!

Other countries do this to try and emulate America that has Silicon Valley.  Then America does this, which has Silicon Valley!

Principal Agent problem...bunch of "agents" in govt. tasked with a problem of stimulating "something" do the usual - this sort of BS.

That’s only mostly true. These are always related to pet projects, politicking for sure but can be super low key also, if you know who they were written for and then you speak to that purpose, the capital can be very accessible.

Overall, it’s a strategy and founders don’t have time for more than one type of $