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Working with Uncle Sam: Local tech firms find government jobs aid their commercial endeavors. (Strategies).(Brief Article)(Statistical Data Included)
It took nearly a decade of research, development, engineering and refinement - and money to pay for it all - before MAYA Viz got its newest software program ready for sale.
Instead of selling shares of the company to venture capitalists or saddling itself with debt, management of the South Side based firm found an alternative: partnering with the federal government.
"It was worth it for us," said MAYA Viz CEO Steve Roth. "We were not in a get-rich-quick scenario. We were patiently using this money. We couldn't have done it otherwise. Venture capitalists wouldn't have stood still for this long."
South Side-based MAYA Viz linked up with the Defense Advanced Research Projects Agency (DARPA) at the U.S. Department of Defense, to …
