Denied Dartanman - Grant Application

[Dartanboy]

Username Dartanman

Discord Username Dartanman#7645

Total Playtime 6d 10h

Company Name Quality Bank of Redmont

Company Registration Link Quality Bank of Redmont

Company Size Only me

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? Efficient automation of historically manually-intensive financial services through an online format. For example, the ability to transfer money to other people's accounts without needing manual approval from someone authorized to do so by the Bank.

How do you plan to generate revenue to scale up your business and is your long-term vision for the company? Making good investments and offering loans.

What is you and your team's experience and expertise? I have tons of technical expertise, which is why I chose to make automation. For most investments, I depend on the expertise of The Exchange, but would love to hire someone who is more familiar with the economy to help out with this.

How will you use the grant funds, and what impact do you expect them to have on your business? - Investments
- Paying employees (I hope to hire one or two)

 

[Lethal]

Denied

In the question "How will you use the grant funds, and what impact do you expect them to have on your business?", you simply answered that you'd be investing (in your business, presumably?) and paying employees. While grants can be used to invest, you'll need to specify a plan on how you plan to use grant money, especially for the Innovations Grant, where the funds are supposed to be used to innovate industries.

The Department recognizes the innovative work QBOR has completed and encourages the bank to reapply for a grant or add additional information to this thread to be reconsidered. However, we cannot authorize a grant based on the submitted application.