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Don’t Forget Grants If You Need Early Seed Money

Startup Professionals Musings

But before you conclude that your funding problems are solved with grants, you should consider the direct and indirect costs of grant funding: Grant applications are bureaucratic. Professional help costs money. Grants start as small a few thousand dollars, but can provide millions of dollars in capital to new ventures.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Lately I’ve been having to say things I thought I’d never have to remind people, like, “getting to positive gross margin in several territories is a very low bar to claim success” or “profitable excluding marketing costs” is not actually a real thing. But not doing basic research makes no sense.

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Don’t Forget Grants If You Need Early Seed Money

Gust

But before you conclude that your funding problems are solved with grants, you should consider the direct and indirect costs of grant funding: Grant applications are bureaucratic. Professional help costs money. Grants start as small a few thousand dollars, but can provide millions of dollars in capital to new ventures.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. ” If you’re not profitable you’re purely a cost center to them. Cost of Goods Sold (COGS) =. Operating Costs.

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How to find funding for your hardware startup while we’re waiting for the hardware revolution

Version One Ventures

Hardware requires time, money, and inventory. As a result, most venture capitalists are reluctant to touch hardware projects, opting for the lower costs and smaller risks of software. Here’s the advice I give these teams who are navigating the tough world of hardware financing. De-risk your startup as much as possible.

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Innovation at Argonne National Laboratory Incubator

The Startup Magazine

The program reduces research and development time and cost by allowing participants access to multi-million dollar equipment they likely would otherwise not be able to access. Source: Pexels. R&D Catalysts.

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The Legal Side of Entrepreneurship

YoungUpstarts

Startups need to understand how to manage the seed money they receive from investors and VCs. . ” The Cost of Financing. Startups bear the costs of their financing, from the first seed investment to the sale of Series A stock. Paying lawyers $50,000 when you are raising $500,000 doesn’t work.