Accepted Imza - Grant Application

[Imza]

Firm Name
Imza Development Co.

Which grant pool are you applying for?
Construction

How do you plan on using your grant funding?
Imza Development Co. is a construction and real estate company.

Our main services include:
1. Renovation for buildings and interiors per the request of our clients.
2. Demolition of buildings per the request of our clients.
3. Real Estate, Buying properties, renovating them, and then reselling.


The funds will be used as such:
A significant portion of the funds will be used for employee salaries, This is to ensure that our employees are skilled people, and to ensure we get an adequate amount of them.

Another big part of the grant will be used to secure Materials and Tools this is to ensure that our clients get what they want with the highest quality., These are the pricing of most materials we expect to use:
1. Logs at ~$6
2. Planks at ~$6-7
3. Stone at $3.
4. Cobblestone at $2.
(Note the above only contains the most common materials we expect to use, From economy.democracycraft.net.

A little amount of the cash will be used to ensure we have good and adequate amount of branding and advertisement. Some of the grant will be used as part of the Emergency Fund, so as to ensure we have money to operate even in the hardest of times.

The biggest amount of the grant will be used as part of our Property Funds, This is to ensure we have enough money to own properties. The Property Funds will be apart of our general property funds, as most properties in Redmont are much more expensive then what we request.

Breakdown:
Employee Salary: $14,000.
Materials and Tools: $8,000.
Branding and Advertisement: $1,000.
Emergency Funds: $2,000.
Property Funds: $25,000

Ideal Grant Amount $50,000 - $60,000

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

 

[xSyncx]

Accepted

Congratulations, your grant of $45,000 will be disbursed in a moment. As you use these funds, please provide evidence (i.e. screenshots) on how it is getting used to meet its intended purpose!

 

[Imza]

Good day, I apologize for not showcasing the use of these funds sooner, as I have been very busy, and even (briefly) left DC.
Below is an explanation of the current use of the funds (not all of it has been used):

Purchased R120 for 19.5K, we are in the process of renovating, and possibly reselling it.
Gave out paychecks. Approximately 8K. (to myself)
In the process of purchasing the plots of RH044 and R063.
In the process of hiring a builder to renovate R120
Unrelated to the grant, we have also sold an Alexandrian Property for 100K RMD.


At this time, we have only used 27.5K of the funds. I have also been reinvesting into the business, specifically through the paychecks that I earned.







If the Department of Commerce has any questions, please ask here or DM me directly on Discord.
Thank you!


Proof of Purchase of R120:

P.S: I swear I didn't embezzle anything!