The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

Uncle Sam's Secret Goldmine

Friday, June 1, 2001

Her latest move is into the realm of venture capital, as a venture partner with US Venture Partners, but it's a tough time to enter the VC business. Even with a billion-dollar fund, USVP will have a tough time cracking a market that is hopelessly crowded with private companies struggling for success. Where can Prabhakar put the capital she now partially controls?
A former director of the National Institute of Standards and Technology (NIST), the government body that promotes technology development, Prabhakar is in a prime position to tap the world of government-funded research. Given that federally-funded R&D tops $90 billion annually, the field is a potential goldmine for solid technology venture opportunities.

“People don't know it when the technology has blossomed into products and a business,” she explains. “But when you pull back the layers, the research, and almost always the people, trace back to some of those pools.”

In other words, though not its most glamorous component, federally-funded research is inextricably tied to technology business.

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