Read Michele’s post on BBC Innovation Labs initiative and the lament of our poor CBC:
so not only do they get funding from regional agencies as a means to stimulate growth in particular areas, they will then go and provide the resources to at least prototype or build a business plan out of the idea. which is great! and we do see this sort of thing at home, sort of, with good projects such as the omdc videogame prototype initiative, the innovation demonstration fund, projects at banff and any number of grants available through the canada council. BUT the bbc innovation labs provides the potential get-to-market resources, and is willing to support the project for various terms without any guarantee of making back a return – essentially paying for and supporting early stage r&d, as well as delivering the resources to where the ideas are rather than having the ideas travel to the money.