I have looked into it and found (along with other entrepreneurs here) that it caters for ventures that are in a slightly more developed stage than startups. It

I have looked into it and found (along with other entrepreneurs here) that it caters for ventures that are in a slightly more developed stage than startups. It is more for companies with slightly more significant size (more than 5 or 10 i think) and patent portfolios (atleast 1). From memory I think revenues are must as well. 2/3 hackers from a garage (ok I am making it sound romantic now, apologies for that) are not catered by the comet grant. And also the environment is just not the same as YC!