Government-funded venture capital and geospatial technologies

A recent article posted at Federal Computer Weekly discusses the emerging role of government-funded venture capital in investing in innovative technologies. The article notes that, at one time, much of the innovation in information technology, including the early internet, were the results of government research initiatives. Now, the private sector is increasingly taking the lead in innovation. One of the examples highlighted in the article is In-Q-Tel, the CIA-sponsored non-profit Venture Capital firm that invested in Keyhole. In addition, NASA is in the early stages of building a VC fund, and it is possible other initiatives will be on the way.

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