In a down VC market, in the heart of flyover country, it is perhaps inevitable that the lure of free money – SBIR grants, stimulus funds, etc. – would be compelling for Wisconsin’s life sciences entrepreneurs. And if “free” meant, well, “free” I suppose that would be a good, as well as inevitable, thing. But, alas, “free” does not always mean “free.” In fact, from a strategic business building perspective “free” all too often means “a lot more costly than you think.” So, before you spend another dollop of time, energy and, yes, even money pursuing the next too-good-to-be-true free money from the good folks in Washington and Madison that dole out all those tax dollars, consider a few things.
To read the full, original article click on this link: Grant Money: When “free” is not “free” (WTN News)
Author: Paul A. Jones
