How to Get FREE Money to Start a Business (Grant Funding 101)

BiggerPockets MoneyDec 8, 202338m 20s1.6K viewsScore 85
Growth & Marketing
intermediate
business development
grant funding
product innovation
community outreach
inclusive design
M

Summary

AI-generated

Learn how a group of friends turned a passion for pinball into a business, Inclusive GameWerks, by developing an inclusive controller for people with disabilities. Discover their journey from prototype to securing a $10,000 grant and their strategies for growth and community impact.

Key insights

  • Inclusive GameWerks is patent-pending, having utilized a cost-effective approach like LegalZoom for their application process, highlighting a grassroots strategy for intellectual property protection.

Mistakes to avoid

  • Failing to research grant stipulations can lead to ineligible expenses, such as legal fees for patent applications, which must be funded separately.

Tools & resources

  • Inclusive GameWerksbusiness

    Inclusive GameWerks is the business featured, focusing on inclusive pinball controllers.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial