Detailed text transcripts for TV channel - MSNBC - 20111222:21:51:00
High effectiveness because we use the money very smart. we use small grant programs and as companies hit milestones, we pass on more grants. >> we talk to folks about doing this in crime, where 3/10 of the population is committing the crime. you're basically using hot-spotting, if yo will, as a mechanism to deploy cash to develop things. is that something that we could be -- is transferable? >> right. and we call it small, light, fast money. so small amounts. our smallest grant is $5,000. that's a modest amount to actually do proof of concept. and we lair on a $35,000 grant. hit that milestone...
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