2 ms·
I'd never heard of Awesome Foundation, sounds cool though. Obviously $1K is not a lot of money to build a company, but the goal is to get people over the menta
by 100k 17y ago
I'd never heard of Awesome Foundation, sounds cool though.
Obviously $1K is not a lot of money to build a company, but the goal is to get people over the mental hurdles that are stopping them and hopefully get them to a place where they're making money online.
I'm a YC alumni so I'm influenced by that, but the idea is lifted from Scale Well in Chicago: http://scalewell.com/ http://scalewell.com/
The winner of the first Scale Well grant used it to refine his synthesizer, and he now sells Beep It on etsy: http://www.etsy.com/view_listing.php?listing_id=25223176 http://www.etsy.com/view_listing.php?listing_id=25223176
- andyangelos 17y agoThanks for the props 100k. We noticed with Michael, the first recipient of a ScaleWell grant, that the community recognition allowed him to more efficiently collect feedback and support (his existing business seemed more "real"). So $1000 is not a lot, but in certain situations it is enough to propel an existing project toward revenue generation.
- 100k 17y agoCool. This is an experiment for us, but we are going to tie the winner(s) into our existing events like MinneBar and MinneDemo to increase their exposure. And in fact, we're already getting some press about the event...it was written up next to the $130,000 Minnesota Cup in one of the business papers here.
- reedsturtevant 17y agoWow, it is great to see this second order ripple, good job! Scale Well was itself inspired by The Awesome Foundation (http://news.ycombinator.com/item?id=1040599 http://news.ycombinator.com/item?id=1040599) which has grown from our original Boston chapter to include Providence, NYC, and SF. Two more cities are ramping up: Ottawa and Philly.