Pending nick - Grant Application

[nick]

Firm Name
Beloitte

Which grant pool are you applying for?
Law Firms

How do you plan on using your grant funding?
Beloitte will act as professional services firm providing a one-stop-shop for all businesses. We will provide legal/compliance, accounting, and software development services. Our grant usage is broken down as follows:

- 100k; used to procure and develop a space in order to conduct business and meet with potential clients as well as provide housing for staff
- 50k; used as sign on bonuses for new hires in each of the departments. Each department will be used both in-house (to run the firm) and for public services. As we will run a fee/commission based service, we do not need money for starting salaries.
-5k; will be used be used as scholarships to employees of the firm to take the necessary exams to perform their duties.

Ideal Grant Amount 155000

If awarded, I intend to use the grant money allocated to me for its intended purpose on which it was approved for, and provide a breakdown in my application thread of how the funding was used.
Yes

 

[Angryhamdog]

Hey, @nick, how much are you giving for sign on bonuses? (And does it vary by role, if so, what are the different roles and what sign on do they get)

 

[nick]

Hey, @nick, how much are you giving for sign on bonuses? (And does it vary by role, if so, what are the different roles and what sign on do they get)

Since we almost exclusively hire people with real-life experience, we plan on providing anywhere from 1-10k as an signing bonus, depending on their skill and how much value we think they would provide to the firm.

In anticipation of other clarifying questions, I will provide some more details for plans that we have as of now:

Property: we are currently still shopping for plots, but expect to spend between 40-70k for the plot, with the remaining funds going towards construction.

Scholarship: we currently plan on offering one exam credit per exam passed, the amount of which is dependent on the exam. We may change plans to allow offer credit for each exam passed, but this will depend on how quickly the funds deplete and the growth rate of our firm.