Accepted EpicFought - Grant Application

EpicFought

EpicFought

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Oakridge Resident
Grave Digger 5th Anniversary
Devaculous
Devaculous
Barrister
Joined
Mar 13, 2024
Messages
33


Firm Name
Epic & Co.

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

How do you plan on using your grant funding?
Epic & Co. is a startup that mainly focuses on three fields. That are, Construction (mainly Interior designing and construction of commercial plots and skyscrapers.), Real Estate, and Retail & Wholesale of goods.
We plan to use the grant to hire staffs (including giving them salary weekly), buy bunch of plots, renovate them and resell the properties. To achieve this, we require expensive tools such as drills (per drills costs $10,000 in dealership and it's the only way to get drills for now as they are in huge demand. So if we employ about 6-10 miners, we would need drills for all of them for efficiency.) for our staffs as well as other tools such as enchanted pickaxe, axe, etc.
And to setup this company, it will be a huge process and will consume a lot of time and money since we are planning to do it in a large level.
And, we could only work based on the grant the DOC is giving us.
Thank you.

Ideal Grant Amount Anywhere from $75,000 to $200,000

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
 
And, we of course need a Marketing Team, Legal Team and etc.. to do every step of our processes legally. Therefore, it will cost good amount of money in legal consultation with the best lawyers to make sure we give the best output while following the law.
 
Hi Epic,

Can you please provide a more detailed business plan in these aspects:
1. Construction: Do you have any projects planned or currently underway. What demand do you plan on addressing.
2. Real Estate: Is this renovation or just buying and selling properties?
3. Retail + Bulk Goods: What items do you plan to stock and what method will you be using to bulk source items (don't need specific supply details if its sensitive to the business)
4. Legal: What topics will require Epic & Co to have an in-house legal team?
 
Sure, I'll be happy to provide you with more details @xSyncx .
1. Construction:
Our construction department will be mainly doing 3 types of services.
i. Construction and renovation of plots acquired by our Real Estate Division.
ii. Construction and renovation of plots owned by players as builders are currently in huge demand.
iii. Interior Designing for plots owned by players.

2. Real Estate:
Our Real Estate/Property Management Division will professionally handle the buying and selling of plots throughout Redmont. The focus will primarily be on the acquisition and sale of commercial plots and skyscrapers.

3. Retail & Bulk Goods:
Our Retail Division will focus on selling essential materials such as wood, stone, concrete, quartz, and etc.
We will also offer everyday tools like enchanted pickaxes, axes, swords, elytra and armor.
We plan to source these items in bulk through our workers and will manufacture products such as tools in our manufacturing unit.
Additionally, we have a supplier for urgent and essential materials that we can't source.

4. Legal:
Our Legal Team will work closely with our Real Estate/Property Management Division to handle plot transfers through agreements, ensuring safety. They will also be present at our divisional meetings to ensure that we are not engaging in any illegal practices to boost sales or expand.
Additionally, the Legal Team will manage employee contracts and oversee all legal matters for the company.
 
And later,
We will expand to the manufacturing and supply of non-vanilla items including but not limited to: foods, furnitures, hats, and etc.
 

Accepted

Congratulations, you have been approved for $35,000 in funding which will be disbursed into your account shortly. As you use these funds, please provide evidence (i.e. screenshots) on how it is getting used to meet its intended purpose! Your use of these funds will be considered if you choose to re-apply for a grant at a later date.

 
@xSyncx
May I kindly know when I will be getting my grant?
 
@xSyncx
Greetings! I would like to return the grant to DOC considering I partly quit DemocracyCraft due to personal and professional reasons.
May I please request the method of payment so that I can return the grant?
If possible, I have purchased a Golden Drill with the grant. Is it possible to return the Golden Drill + the remaining amount or I can only return it in the form of Redmontian Dollars?
 
Please return any remaining amount to the player "DCGovernmentDOC". You may do with the drill as you wish (perhaps gift to one of the new players wanting to start a mining company?). Thank you for being upfront and good luck with whatever you are moving to :)
 
I will return the remaining amount after March since I deleted my Minecraft Launcher to focus on my exams.
 
Hello! I would like to continue my business. Therefore, I wouldn't be able to return the amount if that's not a problem with you guys.
 
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