Earlier quoted context omitted.
Here is the link to the award (I think): https://www.nsf.gov/awardsearch/showAward?AWD_ID=2245223&His... Probably half the award is taken up by indirect costs at the university, leaving the remainder for a few PhD students to be funded, money for the devices, and any studies where they are probably paying participants to use the device. $1.2M doesn't go that far in terms of grants. As far as whether this is a good in…
Half is taken by the university? How does that work?
I worked at a startup and between the rent for our office and our individual rents, like 80% of the VC money went into landlord pockets.
Also there are plenty of “tax breaks” you can get so that you don’t have to pay so much. Capital expenditures will be taxed at 0%, so you can get your overall rate down significantly.