Government Grants for Startups
As a Government Grants consultant, there is nothing more exciting to see entrepreneurs secure funding to support and grow their startup. While venture funding remains vital to get their business off the ground, grants can help cushion costs by providing funding to hire new employees, develop export markets, solicit foreign investment or establish partnerships for conducting R&D.
Hiring grants can help offset wages by providing wage subsidies for new hires. The new hire works for a set term and can help businesses work on a new or existing project. The funding is especially helpful for startups looking to hire resources for needed for a limited time such as for backend and front developers, project managers, systems analysts and support technicians.
The export grant can be utilized by startups to develop foreign markets for the sale of their products and services. This grant can help startups cover looking to use a consultant for gaining market intelligence, tax advice, or a feasibility study for a particular market. Startups can access up to 5 new markets under this program.
Startups can also access grant funding to develop partnerships or seek investments to conduct R&D. The funding covers expenses such as registering an I.P in a foreign market, paying fees for drafting and formalizing legal documents, seeking expert business advice and even shipping a prototype to a foreign collaborator.
While these grants remain accessible to businesses from all industries, startups at the “Scaling” stage can use this funding to maximize their growth. As grant consultants, we provide the research, strategy and writing services needed not only to secure the funding but when our clients need it the most. Contact us to book a free consulting session today.