Monday, March 16, 2009

2am and The Feds are pounding on my head

It is 2am, and I have been working all weekend on the Federal Application for the Advanced Technology Vehicle Manufacturing Loan Program (ATVMLP). This would be my 14th weekend slaving away on this document trying to cross all of the "t's" and dot all of the "i's" in an environment of huge variability with shifting partnerships and changing costs.

Some day this application will be submitted and I will be able to return to a normal existence. I almost do not remember what that is like.

This usage of time is an important lesson to remember when we think about the difference between raising money from private individuals and the government. In this age of increasingly involved government, we will more and more be called upon to raise funds from the feds. The good news is that the government is usually more out front about its criteria, but on the flip side it is notoriously byzantine in the various details that it might require.

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