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Comment by matchagaucho

Note: I've applied for SIBR funding in the past. Huge waste of time.

"The catch" Application process takes several months

Similar to an RFP, by the time a SIBR request is written, the preferred vendor has already been chosen.

Government agency usually gets perpetual use license of your product.

Pros: Received an actual written response (months later) with detailed rejection reasons. Something a VC would never do.

For DoD projects and vendors with TS clearances, a SIBR contract can be parlayed into 5-10 year deals.

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