Stacy L ChinFounder, KeepYourEquity · I get the government to write you checks

Diversify Funding for Business Growth

30 Apr 2025 · 0 min

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0:21

In this concise advisory segment, Stacy Chin emphasizes the importance of diversifying funding sources for business growth. She outlines four primary funding avenues tailored to different mission types: Business Associate Agreements (BAAs) for deep‑tech ventures, Funding Opportunity Announcements (FOAs) for healthcare‑focused research, foundational grants for socially‑impact‑driven missions, and state grants for local support. The overarching message is that leveraging a mix of these options helps bridge funding gaps and sustains growth.

If you're developing deep tech, BAAs might be a great fit. Or if you're in healthcare, maybe look for a FOA opportunity that might be aligned to your research goals. However, if you have a socially impact-driven mission, then maybe foundational grants are the way to go for you. And of course, if you want local support, state grants can help bridge that funding gap for you and your business. So at the end of the day, the key is to diversify.