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Sunday, February 13, 2011

postheadericon Funding research funds the future

$300 million.

That’s a lot of money to spend on a government program.

But what if that program was in fact an investment, one in which $300 million could bring much more in return? If it yielded even $1 billion it would be an enormously successful investment.

This is exactly the promise that the Advanced Research Projects Agency (ARPA-E) holds for the United States. Today, ARPA-E funding is going out across the country to help develop what were once only-in-America ideas. 

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