Two years after a group of investors announced $1 million in grants for new, safer gun technology, nothing is on the market—yet. Here’s why.
Late in 2013, a group of investors and entrepreneurs sat onstage at Fast Company‘s Innovation Uncensored event and announced a new initiative: The Smart Tech Foundation would put $1 million toward spurring innovation to create safer gun technologies. The goal would be to sidestep the political gridlock surrounding gun safety and look instead to “free market alternatives.” If government couldn’t solve the problem, maybe innovation could.
