Accepted Bibsfi4a - Grant Application

[Bibsfi4a]

Username bibsfi4a

Discord Username AryaBroz#5336

Total Playtime 10 days, 15 hours

Company Name Redmont Production House- RPH

Company Registration Link I dont believe its required, unless im mistaken.

Company Size 11+ employees

Where is your company based? Reveille

What industry does your company serve? Professional, Scientific, and Technical Services

What grant are you applying for? Innovations Grant

What problem does your business solve and what makes you different from competitors? Our business solves the major problem of inactivity. By making interesting videos, and elections, people get motivated to be featured in interviews, so try to play in the server more consistently, and have a lot more fun. We also solve the problem of ignorance among people. We provide a platform for people to know about the elections, to choose the right candidates, know their policies and plan, and play a role in maintaining a healthy democracy. Media is often known as one of the 5 pillars of democracy, and we try to make the best news, by adding a visualize "experience" to our viewers. Rather than reading a news article, people can now, visualize, see, and hear the latest news, which is much more interested.

And apart from that, we don't have competitors. Its basically a market with not a lot of competitors. Only major competitor is the Virtus Group. With all due respect, what makes us different is our consistency. We strive to create a video, every 1-2 weeks, and we will increase our productivity. We plan to have 1 video, every day, before the year ends. Thats the main company goals. That makes us different from competitors (if any comes in the future as well). Our consistency, dedication and creative employees are the key, in making this the MOST valuable company in DC, in a few months.

How do you plan to generate revenue to scale up your business and is your long-term vision for the company? Well, we rely on the FRB, RBA and other institutional bodies, who over pay for amazing and top-notch articles. BUT we plan to earn majority portion of our revenue, from sponsors.

My long-term company vision, is to make interesting movies, news videos, web-series, and a creative haven for everyone. I want to make an interesting film studio or sector in DC, just like IRL, as well as, deliver quality and entertaining content to our viewers. This sure is pretty ambitious, but we need, the help of government, and especially grants like this, to supplement the companies vision and actually make this plan work!

What is you and your team's experience and expertise? We have some good employees, and experienced, but we need these grants, to pay their salaries, to maintain them and upgrade our company to make our videos, ideas, opinions available to a larger scale of people, inside and outside DC, perhaps bringing in more people to join the server. I don't have much experience, but some of our employees are part of IRL video production schools and have education in that field. Like, said it is important that we receive funds to maintain this workforce, allowing us to pay their salaries, and other misc expenses.

How will you use the grant funds, and what impact do you expect them to have on your business? We will use the funds, to pay salaries to the employees, buy plots, and in the construction expenses on the company's very own studio, to record news (which is very much-needed.) Furthermore, we will use funds to advertise more and more.

This will be a turn-around point for the business. This can become a major company, and if we get the required funds for it, we can actually start a film and content industry in DC. We can deliver content, and solve the inactivity problem. We will also be able to pay well to our video editors, animators, actors, and script-writers, who tirelessly work for more than 9-10 hours every 1, 2 week (which is like a side-hustle.) So I believe this will be great for growing the business. Hence, I request DOC to grant me $20,000 so I can really make something out of this company!

Thats it, I tried to keep it as short as possible, without beating around the bush. Thanks for reading <3

 

[Louder_Leo]

Accepted

Your application for the Innovations Grant has been accepted by the Department of Commerce for the amount of $20,000.