Pending Maxib02 - Grant Application

[Maxib02]

Firm Name
Frog Holdings

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

How do you plan on using your grant funding?
Frog Holdings will primarily be engaged in mining expeditions, & the sale of resources. or items collected during those expeditions.

Grant funding would go towards tools, armour & other equipment to increase the safety & effeciency of employees, salaries of those employees, and possibly drills. Additionally funds would crucially go towards either renovating a commercial property into an location to sell a variety of resources collected by the company, or possibly renting location(s) for retail purposes.

Furthermore the business plans to obtain a substantial portion of its income by manufacturing & selling fuel.

Finally funds would also be able to go towards any marketing campaigns, or miscellaneous costs that the business may encounter.

Ideal Grant Amount $25,000

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

 

[n1cola]

Hello Maxib02.

Could you provide us with a rough break down of how the funds will be used if granted full amount (employee pay, drills, plot, etc.).

If the company has already been established and has already started selling goods, please provide the location of your business to support your case as well.

Thank you.

 

[Maxib02]

Educated estimates

Expedition kit: $500 (per employee)
Armour Set: $200 each
Enchanted Pickaxe: $175 each (est.)
Miscellaneous Equipment: $125 dollars each

*Elytra: $500 each

Allowance for design & development of commercial property: $2,500 (est.)

Advertising: $3,000 - $4,500
Drill(s): $2,500 - $5,000

Employee Salaries: payment structure tbd

While I company do now own property, it's almost completely empty & has no goods for sale - I brought it ahead of schedule as it was an incredibly enticing offer. Perhaps the grant could also reimburse part of the cost ($15,000), as it will be used for company purposes?

Happy to further clarify anything if requested.