Pending KingBOB99878 - Grant Application

KingBOB99878

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Commerce Department
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KingBOB99878
KingBOB99878
Senior Economist
Joined
May 30, 2024
Messages
154


Firm Name
KingBOB99878 Business Summit Private Capital

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

How do you plan on using your grant funding?
I’m planning to use the money to slowly build up a portfolio instead of throwing everything into one place. Most of it will go into different companies that I think have room to grow, and I’ll keep adding to the positions that actually perform well. I’m not trying to rush anything — the idea is to let the investments grow over time and use the profits to expand into other areas. As the portfolio gets bigger, I want to branch out into private deals and smaller businesses that other people usually overlook. Those kinds of investments can end up being the most profitable if you pick the right ones.

Once the portfolio is strong enough and spread across enough sectors, I want to take everything I’ve built and turn it into something bigger, like an ETF. The point of the ETF is to let other people invest alongside me without needing a huge amount of money. It also makes the business more established and gives it a real identity in the market. After that, the goal is to keep growing — buy more assets, take on more opportunities, and slowly build a real wealth management operation that handles more than just my own money. I want it to become something that lasts long term, not just a quick project.

Ideal Grant Amount 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
 
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