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Tag Archive for space

Not Enough

 

http://www.space.com/12572-nasa-innovative-space-technology-funding.html

On the one hand, this is pretty awesome.  NASA is putting research money into some pretty innovative (and unusual solutions).  On the other hand, it’s only $100k per grant.  That’s Angel level investment, but for working with engineers, hardware and proof of concepts, it seems a little small.

BUT, what it does do (as a small startup) is give you a kind of legitimacy that you can then take to other, larger investors.  You can inform them that NASA is one of your backers, which then means you’ve got a market for your product.  It’s got a home if you can make it work like you think it will.  Having a market in-hand when you go to speak with investors and Angels makes a huge difference, whether you are building mobile apps or inventing a way to finally clear some of our debris from space.

Bits and pieces

Right now we are in a golden era of “Why the F*ck not?” where science and technology are concerned.  I’m not entirely sure if this is simply because the internet makes it easy to see (and crowd-fund) the thousands of tech projects out there, or if, dollar for dollar people are trying more and more things with a high risk of failure.  The thing is though, even if those things fail, they are a stepping stone, a puzzle piece.  The technology of a failed start-up can (and often is) be bought up by someone who has another innovation to mesh with it and we move a little further along the development path.