Agreed - my comment is specifically re funding programs. Government employees are not equipped (to put it charitably) to evaluate the likelihood of success of s

Agreed - my comment is specifically re funding programs. Government employees are not equipped (to put it charitably) to evaluate the likelihood of success of startups. Their proxy metric is an onerous rules-based application process. Perversely, this excludes the startups they are trying to select for because those startups can raise capital elsewhere faster and on better terms.