It’s not that startups are writing the stimulus off, it’s just that most aren’t counting on it.
The $787 billion federal economic stimulus intends to favor “shovel-ready” projects that can produce immediate, though temporary, jobs.
And that means technology startups, most of which can’t put hundreds or even dozens of people to work tomorrow, are likely to miss the stimulus payouts. That’s unfortunate for the Bay Area, home to thousands of startups that could use help.
Much of the $60 billion slated for clean energy projects, for instance, is going into energy efficiency measures. But a good portion of that is flowing through existing programs – like the Home Weatherization Assistance Program.
Photo by bruno-free.