America's Seed Fund: Up to $1.5M for Zero Equity
Do we really need this? Is there some lack of private venture capital that this is overcoming? As a taxpayer, I'm not cool with this. I would much rather this money be granted for research that then becomes public domain. Why should our taxes be handed out for risky business endeavors with no direct public benefit, when the private sector already has the means to handle this?"But the government gives tons of handouts to existing companies" isn't a good answer, either. Two wrongs etc.