On Funding Projects from the Industry
STEP: Till now, mostly you were funding projects in the academia. Would you be looking at funding projects that are directly initiated by the industry?
QS: We are supposed to fund projects submitted by the industry. Our proposal can be initiated by even an individual. But, being an entity that funds public money, the longevity of the institution to which we are giving money is very important to us. An individual can take the money (from us), work for a little while, and then disappear. What do we do then? Universities don’t disappear. They can provide longevity and credibility to the project. And, it is not (just) longevity for the length of that project but even after that. Read the rest of this entry »

