I see how this could work in countries where there are no investors, loans or any form of financing at all.
But in the US? Unless these guys want to commit business suicide my guess is they'll only approve individuals with a solid track record (eg: a kid with high grades) and not just any poor bastard that may never amount to anything.
Problem is wonder boy above will get a scholarship to Stanford, and then will meet investors who will fund his startup regardless of what the idea is, so why would he go to upstart which will siphon his revenues away indefinitely?
But in the US? Unless these guys want to commit business suicide my guess is they'll only approve individuals with a solid track record (eg: a kid with high grades) and not just any poor bastard that may never amount to anything.
Problem is wonder boy above will get a scholarship to Stanford, and then will meet investors who will fund his startup regardless of what the idea is, so why would he go to upstart which will siphon his revenues away indefinitely?