Denied DETEVTIVHOLMES - Grant Application

[DETECTIVHOLMES]

Firm Name
RevieSushi

Which grant pool are you applying for?
Innovation, Startup, Research and Development (R&D)

How do you plan on using your grant funding?
RS will be purchasing a plot near popular fishing spots such as Aventura spawn, these spots will have sell chests for different types of fish, the fish will be turned into food and resold. The goal behind this is to lighten the load on poor Larry, and also create a place where players can buy food, We can create contracts with fishers to bring us their fish, effectively giving them jobs. Once profit is stable, I plan to stop taking grants and become self sustaining.

Initial Plot purchase - $40,000 (alternatively a plot can be rented to reduce costs)
Supplier - $2,000 (The players themselves are the suppliers, will start small and use profit to expand)
Marketing - $3,000 (Telling people we exist)
Misc Fees/Emergency Fund - $5,000

Up above are the estimated needed for the 1st month, following months will need less funding, Until we can self sustain.

Ideal Grant Amount $50,000

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

 

[DETECTIVHOLMES]

I was able to purchase the plot for $15,000 Which decreases the amount we need for that area, the money can still be distributed to other areas such as supply acquisition.

 

[DETECTIVHOLMES]

Gentle reminder to Text Me Back

 

[Planke32]

Denied

Thank you for submitting your grant application. After review, the department has decided not to approve funding for this request. Concerns included the amount requested relative to the business plan's scope, use of funds toward a plot purchase and a separate liquid "emergency fund," and questions about projected profitability given current market conditions.