Startup Grants:Can Government Programs Stimulate Entrepreneurship?

  • Manuel Stagars
Chapter

Abstract

A discussion about startup entrepreneurship out of universities would be incomplete without touching on the subject of grant funding. Many first-time entrepreneurs believe the initial order of business is to get a grant. Obviously, entrepreneurs need to pay bills and have to eat, and product development requires capital. All this makes it necessary to spend some time writing a good proposal, then submit it, and hopefully impress a panel of experts enough to receive some money. This tides over the startup team for the early months while they labor in their lab on a better mousetrap. This is the mainstream view under which most people operate, because most have never started a business and see this adventure through the lens of the employee. Nobody would show up at their job if they were not paid, so why should the entrepreneur? A result of this thinking is that first-time entrepreneurs are often more concerned about paying for their health insurance than market-testing their product.

Keywords

Grant Funding Government Grant Entrepreneurial Ecosystem Grant Money Angel Investor 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Manuel Stagars 2015

Authors and Affiliations

  • Manuel Stagars
    • 1
  1. 1.ZurichSwitzerland

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