Over the years, I have tried applying for grants to start up my company. I noticed that I was never shortlisted even though I have somewhat good business. My friends that have already started, however, do get shortlisted.
I also observed that some of the questions usually asked includes 'how much have you spent on the business?' ' upload a picture or video of what you are doing' 'list your major competition' among others.
The reason behind these questions is majorly to distinguish between those who having started had gained experience from their involvement and those still assuming. Though with a good business plan, you could also win grants but most winners have started something. It's generally believed that those who have started will invest the grants into their businesses while there is a high tendency that those who haven't started can divert the fund. There is also the aspect of managing the funds, it is believed that those who have started have the experience to make to make the right decisions that will not lead to wasting the money since those who have not started are best described as those still experimenting.
In conclusion, start with that little and you will receive the attention of Kings. Don't wait until you have all the money, don't wait till when you have people demanding, go to them.
The recent scarcity of cassava that led to increase in price of the produce was majorly because of insufficient production to cover local consumption and increased exportation if the produce.
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