[bmelton]

I must be remembering old data (or have just had it wrong). Thanks for the correction.

Regardless, generally speaking, the money isn't the thing that drives deals like this, it's the mentorship and exposure. In this case though, it sort of seems like a "Here's $5,000, come back with something useful, and we'll think about talking to you" sort of scenario, so I can't help but wonder about its usefulness.

I mean, it might work, and if it does, could be great for the area, but it doesn't appear to be modeled after any of the most successful incubators.