Final-Fan said: Ha, sounds like the opposite of how someone above said grants usually work in other fields. |
Some grants can be good.
I used to work for the Air Force Research Laboratory, and we awarded grants of 250,000. The way it worked though, was if we needed something in-house that we could not find, we would put out a request. People would come in and try and win the award. We would pick who we thought would do the best, and give them enough money to make what we needed.
There were 4 phases (I think) of the system, if they passes the first mark, we would fund them with more money.
So while this is a "grant" program, it's really just paying someone for a service/product.
Most didn't get past the first phase. The best one I worked on, was when I was working for the Air Force Test and Evaluation Center, on a project for JEOD (the military's bomb squad). We needed a wearable computer, and all the specs we needed didn't exist, so we paid a company to make the items we need.
The "win-win", is we get the items we need, and what they come up with they get to sell (if they can). We basically give them the seed money.
Here is what my team ended up creating (well, funding the creation of):
http://en.wikipedia.org/wiki/OQO
funny line: "The original OQO model 01 was announced several years before prototypes were even seen". Not by me ;)
But anyway, as you can see they went out of business, and that's because the reason they needed us to seed them, is because there was no market for the product. In the end, we got what we needed (so that's cool), but as a way to help the market... not sure that it works.