Sounds like you were basically just going to start a company on the basis of a government handout, well okay. Surely you can see how your "idea" is susceptibl

Sounds like you were basically just going to start a company on the basis of a government handout, well okay. Surely you can see how your "idea" is susceptible to fraud and why they have some requirements for qualifications. Additionally, it's LIKELY that the company which was already established had product/market fit, proven tangible value, and paying customers. It's UNLIKELY that your "startup" will/would...especially if you're the type of person who would exploit such situation as you describe above.