Very good question about COMET - Silicon Beach Australia

Message from discussion Very good question about COMET

Warren Seen

More options Jul 1, 9:31 pm

From: Warren Seen <warren.s...@gmail.com>

Date: Wed, 1 Jul 2009 21:31:35 +1000

Local: Wed, Jul 1 2009 9:31 pm

Subject: Re: [SiliconBeach] Very good question about COMET

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Hi Deniss

As alluded to previously the main beneficiaries of comet funding seems
to be the advisors, ip lawyers and other consultants that enterprises
are permitted to engage under the comet program. It's certainly not
bootstrap funding, you really need to have already done the hard yards
and be at the point of taking your fully developed product to market.

Call me cynical, but that's been my first hand experience as an
employee of a startup which received comet funding. Others may of
course have an alternative view...

Cheers,

Warren

On 01/07/2009, at 9:08 PM, Dennis <deniss.su...@gmail.com> wrote:

> Hello,

> Is COMET the program that supposed to help you to kick start your
> startup? If that's the case then how would you apply if it doesn't
> support
> "research and development and production expenses", "in-house running
> expenses (e.g. accounting fees, office expenses)", "international
> travel incurred by the customer."? It's a bit confusing...

> Deniss

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