Wednesday, July 1, 2009

Venture Capital: Innovation, or Big Business in Disguise?

Tim Berry, President and Founder of Palo Alto Software wonders: Is venture capital new, innovative small business, or just big business disguised? Berry is responding to an article by Steve King at Small Biz Labs about venture capital and government-funded Small Business Innovation Research (SBIR) grants and we thought we'd bring the debate to you.

Berry writes, Last year 3,600 smaller companies got about $2.2 billion in first-stage grants provided by 11 federal agencies. The basic idea is funding research, particularly from new innovative companies that aren't getting money from larger corporate development budgets.

We encourage you to read the rest of Berry's post here.

What do you think?

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