Kat Weaver won 22 of 23 corporate grant applications for her first company, pulling in over $170,000 in non-dilutive funding with checks arriving in 1-2 weeks. She says founders up to $1M ARR who skip corporate grants are leaving money and mentorship on the table.
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I personally won 22 of 23 grants I applied for, for my first company, the corporate grant side. That was over $170,000 in free money that no one asked what I did with it. I didn't have to pay it back. I got a ton of free PR and mentorship behind it. And every single check got sent to me within 1 to 2 weeks on average. But there's not as many stipulations around these. And that's why I tell more founders, the real criteria is if your idea stage, literally zero in revenue, up to $1 million in annual recurring revenue, bringing revenue. You are missing out if you are not considering corporate grants as a strategy, but not just for the money. There's so many other bonus perks behind them that most founders don't think about.