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Digital Subscriptions > Cities Today > October 2018 > How government procurement hurts start-ups

How government procurement hurts start-ups

By Shaun Abrahamson, Managing Partner, Urban Us and Investment Committee member at URBAN-X
Shaun Abrahamson, Urban Us
Photo: URBAN-X

Lots of government officials want to work with start-ups. Lots of start-up founders want to work with local governments. But there is a problem. Very few venture capitalists (VCs) want to fund start-ups to work with local government. The main reason? Procurement.

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