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The National Innovation Initiative Spurs Immediate Job Creation And World-Changing Innovations

This is a proposal to President Obama. Our country, the United States, needs to create jobs! Our country has world-leading R&D facilities and scientists. We spend over $40B/year on this R&D. Our country has a plethora of small, nascent companies with great technology but many can not raise the required "go to market" capital needed to complete their prototypes, scale production and hire the right business people. Many just aren't $100M/year VC-plays or frankly the next Google. Many of them can spectacularly become solid 20 employee to 500 employee companies over the next decade if given the funds today.

Our proposed program solves this problem with a $1B investment by the Federal Government, with incentive-based private-sector oversight, to provide funds to 1000-2000 of these deserving companies. And with a kicker -- a unique loan financing program that not only drives future private-sector investment, but offers a return of capital.

Since mid-November, we have presented the National Innovation Initiative (NII) to various people within the Obama Administration (Office of Innovation and Entrepreneurship), a few congressional offices, and technology transfer and entrepreneurship leaders. Our "Capital Hill" Voice is currently small. We are our own lobbyists and need more advocacy. President Obama talks about looking for great ideas. We are proud to present ours to you here.

PLEASE HELP SPREAD THE WORD

Please review our various materials in the Learn More section in the right sidebar. JOIN our campaign. Become part of OUR VOICE. Learn more about NII. Please SPREAD THE WORD. Send a link, a tweet and retweet, post a blog entry, join our Facebook fan page, mention us on LinkedIN and join our LinkedIN Group. You can help unleash the creativity of Americans and give these nascent technology companies the funds to build their businesses in 2010 and 2011 to produce world-changing technology-led solutions within the energy, healthcare and advanced material manufacturing industries.




CALL TO ACTION: SEEKING INTERESTED COMPANIES WHO WANT TO BE HEARD IN DC

One of the strongest ways to depict the value of this program is to show the Obama Administration and Congress actual companies (and how they can change the world) that would take advantage of the loan program and how many people they'd hire for their "go to market" use of funds. If you are a company that deploys Federal R&D as your main product, and you feel that you would benefit from NII's convertiible loan ($350K-$1M) to equity program, please look at our Venture Forward document, and let us know. We would like to invite you to fill out a one page form (view "real" example company one-pager) and we'll aggregate them into a PDF book to send with our NII program proposal.

Thanks.






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