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SBIR/STTR Programs: Free Money or an Invitation to Governmental Bureaucracy

at least 51% owned by individuals, which precludes many venture-backed companies in which the venture capitalist(s) own a majority of the voting stock.

One burdensome obligation to note about the SBIR/STTR programs is that to receive funding under many of the solicitations, a company must have a good accounting system in place to comply with the various requirements of the given agency.......

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Source:wistechnology.com By Matt Storms 11/19/03


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