The US government is constructively identifying and funding successful startup ventures. This is the finding of new research conducted by the University at Buffalo School of Management.
Federal Government Identifying Successful Startups
The study examined businesses that received Small Business Innovation Research (SBIR) grants. It revealed that the federal government is successfully selecting startups for its entrepreneurial program that make a significant impact.
The researchers looked at two set of businesses that received SBIR grants through the National Science Foundation (NSF).
