But anyone with a smidgen of imagination can pick up a WAP phone and within minutes think of dozens of useful services (I'm keeping my ideas a secret until I've secured the venture capital).
Like Darpa, Arpa-e gives seed money to companies that have creative ideas but are unlikely to secure private venture capital because the prospects of success are so uncertain.
Gaining widespread media coverage, he was then able to secure U.S. venture capital of $8 million to start his own website, iROKOtv.
The report, titled Financing Baltimore's Growth: Measuring Small Companies' Access to Capital, found that for small businesses to flourish, they will need to secure more venture capital and working capital loans.
But FaceIt's momentum has been strong enough for the start-up to secure $15 million from venture capitalists at Anthos Capital, Index Ventures and United Ventures, London-based FaceIt announced Tuesday.
Markham used his family's influence to secure a place in this venture, and on 1850 was informed of his appointment to, one of the squadron's two principal vessels.
Biotechnology firms operate in a high-risk and high-reward environment and are in a constant race to secure venture capital (VC) funds.
Some project developers had to sell assets, and a lot of clean-technology start-up companies were unable to secure venture capital.
And Digital Owl and a handful of other homegrown upstarts are beginning to secure venture capital from companies that once overlooked Florida.
He insisted that the "first to invent" patent system gave his firm the time not only to determine which were the best inventions to pursue without squandering the firm's precious resources, but to secure venture funding as well.
If a business generates money right out of the gate, or the owner is able to secure venture capital, some specialists say there is nothing wrong with an owner taking a paycheck.
