Accepted funyolk - Grant Application

[funyolk]

Username funyolk

Discord Username funyolk

Total Playtime 8d 1h

Company Name Vidia

Company Registration Link N/A

Company Size 6-10 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? Vidia is a very different type of company than most. We plan on developing a bunch of unique DC films. These films will be able to be watched by all, however, will generate profit from selling large and small sponsorship spots in these films, which will give the sponsors a chance to advertise their company, organization, and/or cause. On top of this, we will be releasing a trailer for each and every film, which we will use to generate hype while it is in the making. The thing that makes us different from other media companies is that we produce large scale movies with many different actors, and our profit model differs from companies in a similar area of Redmont's entertainment industry.

How do you plan to generate revenue to scale up your business and is your long-term vision for the company? Vidia plans to generate lots of revenue through a variety of different methods. Our long-term vision for the company is to become a well known movie producing company, a household name for people in Redmont to look toward for all their entertainment needs. Our primary method of profit will involve the usage of sponsorships, selling advertising space, and selling early access tickets to see the movies.

What is you and your team's experience and expertise? Our team is composed of management, editors, cameramen, lead actors, supporting actors, extras, and voice actors. We have high standards for our more senior employees, but our goal is to employ those who have nowhere else to go as far as getting a job goes. We strive to employ newer players into our ranks in order to train them and teach them what its really like to have a job in this server.

How will you use the grant funds, and what impact do you expect them to have on your business? Vidia will be creating a budget with the grant funds we are given in order to utilize the funds as much as possible for our first film. This budget will be comprised of spending towards hiring editors, graphic designers, paying all of our actors, putting some money toward purchasing plots for a set, and we will also be using the funds for marketing costs for the movies, which will include paying in-game and discord advertisers, as well as paying news companies to cover our films.

 

[Louder_Leo]

Accepted

Your application for the Innovations Grant has been accepted by the Department of Commerce for the amount of $15,000.