Later today (2-3:45 pm ET), the White House will announce a $200M BigData research Initiative. Appropriately, it is being named the “Big Data Research and Development Initiative.”
The announcement will be broadcast live on Science360.
See this PDF for a listing of bigdata projects within the US Government.
I am excited to see how this will affect the education and training of data scientists.
What are your thoughts? Is this a good idea?
It is a great time to be working on a startup in the Big Data arena. First the topics of big data and data science are really popular in the tech world right now. Second, it appears that investors are interested as well. Below are two examples:
Accel Partners formed a $100 million fund for startups that are focused on Big Data. The fund is not limited to storage or analysis. It is really all encompassing. If you have a startup that, in any way, helps people or businesses deal with lots of data, then you are welcome to apply. For more on the fund and how to apply, see the page on the Accel Partners’ website.
IA Ventures has also set up a $105 million dollar fund for startups that are focused on data.
So if you have a “data” startup, now is a great time to get some funding.