“StartupWind democratizes the entrepreneurship process by providing knowledge, mentorship and access to funding sources that have traditionally been unattainable for small businesses.” — Professor Mohan Sawhney, Associate Dean of Digital Innovation at Northwestern Kellogg
CUPERTINO, Calif. (PRWEB)
November 10, 2022
StartupWind, Inc. launched a small business grants feature as part of its SMB innovation and mentoring platform to help small business owners find, filter, and access thousands of federal and state grants that often work for them are an important source of non-dilutive growth capital. The SMB owners can find the most relevant grants for their business and also find the resources like courses, mentors and tools that would help them acquire the right business skills needed to create a compelling offer.
For high street small businesses, funding sources such as angel investors or venture capital are typically not an option, and for tech startups, it means diluting their equity. On the other hand, leverage increases their liability, and many small businesses are unable to raise sufficient debt due to their lack of financial strength.
As a result, SME owners are better off securing “non-dilutive funding” in the form of grants offered by federal, state and other agencies. In this case, the SMB owners do not have to provide any equity nor are they liable.
However, finding the right grants and preparing for a compelling proposal is very cumbersome and daunting. It often takes forever for the SME owner to find the right funding and have a convincing offer ready to submit.
StartupWind solves this problem by adding the newly released Small Business Grants feature to the AI-powered SMB innovation and mentoring platform, which offers:
- One place for thousands of grants instead of spending hours on search engines to find the grants that apply to your small business, industry, business tier, minority or woman-owned status, and state.
- Integration with grant databases to list active and future grants from federal agencies and some of the country’s larger states to keep the active grant list up to date while maintaining the list of all pending grants.
- Ability to search and filter grants based on the specific focus area most relevant to your business. For example, if you are a woman-owned business, you might find grants available for your type of business. If you’re a minority-owned business, you might find grants that are designed to help minorities. If your business is in a tough industry like manufacturing, you can find grants to help you out.
- Courses, tools and frameworks to help you acquire the knowledge necessary to create a solid business plan or grant proposal to increase your chances of success and reduce the time it takes to create your proposal.
- Self-service grant-specific accelerator programs like SBIR/STTR typically provide millions of dollars in non-dilutive funding for science and technology startups.
- Connect to over 1,200 mentors on the platform to get input on your proposal and set you on the road to success.
Professor Mohan Sawhney, Associate Dean of Digital Innovation at Northwestern Kellogg said:
“StartupWind democratizes the entrepreneurship process by providing knowledge, mentoring and access to funding sources that have traditionally been unattainable for small businesses.”
Naren Patil, Founder and CEO of StartupWind said:
“Most startups and small businesses are aware of non-dilutive sources of funding like grants. SMB owners end up spending a tremendous amount of time on search engines, often finding nothing relevant to their focus, industry, status and current stage. Even when they do find a grant, SME owners typically lack the business skills to create a compelling offer. We are excited to extend the StartupWind platform with the SMB Funding feature to help SMB owners find the right funding with a few clicks and also find resources to create a compelling offer.”
About StartupWind, Inc: Headquartered in Cupertino, California, StartupWind is the AI-powered innovation and mentoring platform built for 30 million small businesses across the United States. StartupWind introduces a new way to connect, incubate, mentor and scale startups and SMBs (small businesses). StartupWind partners with university, state, and SBDC programs to help them build a powerful digital innovation engine for their regions. It enables them to help a large number of start-ups and small businesses run their businesses profitably and avoid costly shutdowns.
StartupWind has influenced around 30,000 innovators and mentors and 10,000 startups and small businesses connected to over 100 universities around the world. Using the StartupWind platform, these small businesses and startups have created over 5,000 ideas, 4,000 business model canvases, and thousands of business plans using StartupWind’s tools, frameworks, and courses, and have access to thousands of mentors on the platform.
For more information, see http://www.startupwind.com.
Share the article on social media or via email: