478: Need Funds for Your Business? How to Get FREE Money Through Business Grants

Dec 8, 2023

Cheryl Edmundson and Erin Jacobsen from Inclusive GameWerks share their journey of launching a business with a grant and designing an inclusive pinball controller. They discuss finding, applying, and getting approved for a business grant, structuring a new business, and the power of networking.

Ask episode

Chapters

Transcript

Episode notes

Introduction

00:00 • 2min

Inclusive Game Works: Designing Inclusive Pinball Controllers

01:45 • 4min

Creating an Inclusive Pinball Controller

05:25 • 16min

Grant Money Allocation, Sponsor Ads, and Shift in Projections

21:30 • 6min

Creating an Accessible and Inclusive Pinball Controller

27:24 • 16min

Pimbals, Seals, and Dad Jokes

43:18 • 1min

Expressing Gratitude towards the Bigger Pockets Team

44:37 • 26sec

Gratitude and Thank You

45:03 • 26min

A Look at the Housing Market and Tips for Success in 2024

01:10:43 • 23sec

Are you sitting on an amazing business idea? Knowing how to get money to start a business is a critical first step to getting your concept off the ground. While there are all kinds of funding options, you may be able to get FREE moneywith a grant. That’s exactly what today’s guests did!

Welcome back to the BiggerPockets Money podcast! Today, we’re chatting with Cheryl Edmundson and Erin Jacobsen from Inclusive GameWerks—a fledgling business that has developed an inclusive pinball controller for people with disabilities. After building the first prototype for a close friend, they realized the device’s incredible potential. So, they went right to work—fine-tuning the design, structuring their business, and, of course, looking for ways to fund their new venture. Before long, they had landed a ten-thousand-dollar grant to get their operation up and running!

If you’ve got an entrepreneurial spirit and a great business idea, this is an episode you won’t want to miss! Tune in as Cheryl and Erin show you how to launch a business alongside your nine-to-five job, find your lane in an established market, and get FREE money for your business!

In This Episode We Cover

How to get FREE money to start your new business

How to find, apply, and get approved for a business grant

Using grant money appropriately within a for-profit business

The best ways to structure your new business

Building a business without leaving your nine-to-five

Driving your business forward through the power of networking

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

Finance Review Guest Onboarding