Funding for independent inventors removed

The National Endowment for Science, Technology and the Arts (NESTA) has suspended all funding activities. NESTA is developing a “new five year strategy” and as a result all current “programs and funding streams are suspended”. NESTA is “not able to process applications or offer any further information”.

Well, short and sweet and JUST NOT GOOD ENOUGH NESTA!!!

As far as I can tell this little bombshell occurred on 13 April 06. This, obviously, is a bit of a disaster for independent inventors. The one non-traditional alternative source of funding has new been eliminated. And what about consultation or notice? None of either, it seems!

Vague promises of “check the website in October (ish)” don’t really cut any mustard. If they can leave everyone in the lurch without any notice how can trust be placed in future decisions and promises. NESTA promised to fund people who could not get funding through traditional means. They have now, at the drop of a hat, reneged on this promise. How can anyone trust them again? Inventors in the UK are bombarded on every side by bad laws, thieves, liars, institutional greed and slimy psychopaths, and now the one organisation who was (supposedly) on their side has let them down.

I think someone has some explaining to do.

Link: NESTA suspends funding activities