[logicallee]

can you elaborate on the path of the government funding innovation? (your sentence, "the government will fund something if they consider it innovative" - I'd like to hear more.)

I don't think VC's and angel investors ever directly fund innovation (in fact they're allergic to it until proven by the market) and I would not be opposed to exploring the government route toward funding of these innovative ideas. I think there is an interesting space between projects founders are personally able to finance, and the minimum cash needed to prove innovative ideas of merit in the marketplace. airbnb's binder full of credit cards and 7 rejections show this pretty clearly.[1][2]

what does the government route to innovation look like?

[1] http://www.businessinsider.com.au/how-a-box-of-cereal-and-be...

[2] https://medium.com/@bchesky/7-rejections-7d894cbaa084