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Intel commits $200 million to Obama startup plan

1/31/2011 03:00 PM EST
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Bob Lacovara
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re: Intel commits $200 million to Obama startup plan
Bob Lacovara   2/1/2011 3:08:07 PM
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SallyF has a point. Well, several, but I'll leave the recreational habits of the current president to her; I understand that he only smokes cigarettes now. But as far as investment initiatives, who is getting what money? Are these firms marketing a valuable property that is just on the cusp of success, needing only a helping hand? Or is the money going to go, with much fanfare, into yet another government-subsidized sinkhole, like windmill farms or solar energy farms covering areas the size of Europe? Or minority fronted companies actually run by the good old boys? Maybe we'll have special e-book readers for feminists. Goofier things happen. For that matter, why are these initiatives needed at all? There's venture capital out there for good ideas: you know the drill: build a better mousetrap and the world will beat a path to your door. I am waiting, without holding my breath, to see what unfolds here.

markhahn0
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re: Intel commits $200 million to Obama startup plan
markhahn0   2/1/2011 5:30:20 AM
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don't be a jerk.

pixies
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re: Intel commits $200 million to Obama startup plan
pixies   2/1/2011 3:03:36 AM
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Good news, hope this "Invest in America Alliance" can do to the US competitiveness what Semi Tech did to the US semiconductor industry.

SallyF
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re: Intel commits $200 million to Obama startup plan
SallyF   1/31/2011 7:46:24 PM
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What a joke. IBM's money is scheduled to go to 3 companies that would not need a handout from IBM if their products were worth anything. Obama wrote in his autobiography that he spent his college years snorting cocaine, so as an unindicted felon, it is ironic that so many are fawning over his ridiculous attempts to appear serious. Is this affirmative action?

wilber_xbox
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re: Intel commits $200 million to Obama startup plan
wilber_xbox   1/31/2011 7:35:21 PM
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This on top of the Intel's commitment to support the research in US university is good news for both educational institute and industry.

Mark Wehrmeister
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re: Intel commits $200 million to Obama startup plan
Mark Wehrmeister   1/31/2011 7:10:17 PM
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This is great news. Hopefully a large percentage of these funds will go to start-ups in the Portland, OR area where Intel has a large presence and venture capital has traditionally been scarce.

chanj0
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re: Intel commits $200 million to Obama startup plan
chanj0   1/31/2011 6:30:50 PM
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The news is wonderful. With the backing of Intel, the direction of innovation and entrepreneurship may be less blurry. First thing first, what are the industries that need the most support?

Silicon_Smith
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re: Intel commits $200 million to Obama startup plan
Silicon_Smith   1/31/2011 6:04:29 PM
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I think it is a wonderful initiative. Applause for Intel. Much dedication to US, its parent.

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