Studies find effectiveness of AT¥mixed

April 1, 1996
The federal Advanced Technology Program (ATP) is set u¥to provide money to companies trying to develo¥high-risk technologies that could have wide economic impact but are too risky to attract private financing. US General Accounting Office researchers surveyed 123 companies that had submitted AT¥proposals. Of those, 89 had received AT¥grants from 1990 to 1993; the remainder had been highly rated but did not receive grants. The report had a mixed review for the ATP, concluding that

Studies find effectiveness of AT¥mixed

The federal Advanced Technology Program (ATP) is set u¥to provide money to companies trying to develo¥high-risk technologies that could have wide economic impact but are too risky to attract private financing. US General Accounting Office researchers surveyed 123 companies that had submitted AT¥proposals. Of those, 89 had received AT¥grants from 1990 to 1993; the remainder had been highly rated but did not receive grants. The report had a mixed review for the ATP, concluding that grants went to some companies that probably wouldn?t have received private financing but also to other companies that probably would have been able to find other sources of capital. By contrast, a survey of AT¥

recipients by the National Institute of Science and Technology was more unanimous in its positive

verdict. Of the 125 AT¥participants surveyed, 70% said there was little chance they would have

pursued private financing if they had been rejected for an AT¥award. Of those who said they would have tried to get private financing, 90% said they would have lowered their technical goals.

Sponsored Recommendations

Melles Griot® XPLAN™ CCG Lens Series

March 19, 2024
IDEX Health & Science sets a new standard with our Melles Griot® XPLAN™ CCG Lens Series fluorescence microscope imaging systems. Access superior-quality optics with off-the-shelf...

Spatial Biology

March 19, 2024
Spatial Biology refers to the field that integrates spatial information into biological research, allowing for the study of biological systems in their native spatial context....

Fluorescent Protein Optical Imaging Considerations

March 19, 2024
What factors should you consider when your incorporate fluorescent proteins in an optical imaging application? Learn more.

Custom-Engineered Optical Solutions for Your Application

March 19, 2024
We combine advanced optical design and manufacturing technology, with decades of experience in critical applications, to take you from first designs to ongoing marketplace success...

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!