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Funding Bill for Start-Ups Criticized: Venture Capitalists, Firms at Odds Over Who Should Get Grants

Date: July 8, 2009
Author: Kim Hart
QUOTE: Dozens of executives from small technology firms descended on the halls of Capitol Hill yesterday to protest a proposed change to a popular government program that they say is crucial to their survival during tough economic times....But the bill has sparked a debate over whether companies that have received venture capital financing should also be eligible for federal grants, which has so far been reserved for start-ups without large investors.

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