The Minority Business Development Agency, the National Institute of Standards and Technology, the National Oceanic and Atmospheric Administration, and the Federal Laboratory Consortium for Technology Transfer have partnered to fund minority businesses in the science field.
I don't think the government should be funding businesses period. A business should stand on its own success, not propped up by government.
What is more disturbing about this program is the government is going to fund high-tech companies not based on its merits but the color of the people in the company. That is a piss poor way to fund science.
The article laments that minority owned high-tech businesses are a minority in that field. So the government needs to step in to help them make up more of the market share because, I don't know, diversity makes for better science?
What are the chances that funding technology in this manner they will actually fund something important? This program admittedly ignores most tech companies because a majority of them are not minority businesses.
Can you hear it? Whoosh! Tax dollars being flushed down the toilet.
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