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Sedale Turbovsky
@STurbovsky
CEO. Founder @opengrants_io Strategic Funding Specialist. Professional Human Being. Follow for tweets on #grants, #govtech, #publicfunding and #startups. #ODCT1
A quick TL;DR on the EPA Environmental Justice Grants currently out..first, check out these great resources that the @opengrants_io team was able to collaborate on: https://www.environmentalprotectionnetwork.org/ejcps-app-process/ https://www.environmentalprotectionnetwork.org/ejg2g-app-process/
“Environmental justice”, which is the common theme of these grants, is defined bythe EPA as the fair treatment and meaningful involvement of all people with respect to the development, implementation, and enforcement of environmental laws, regulations, and policies
It is well documented that about 30% of grant funding and foreign aid never reaches its intended target. Many other grant programs struggle with similar waste and abuse.
This means that each year, 30% of two trillion ($600B USD) is misused or lost due to fraud, waste and abuse.
The OpenGrants Theory of Change
The UN’s 2030 Agenda for Sustainable Development outlines 17 major goals for the world. If you are unfamiliar, you can review the agenda here https://sdgs.un.org/2030agenda.
If you are a founder considering raising capital via equity crowdfunding, here are some things you should know.
Recently, I leveraged Wefunder to raise capital for our startup, and one of my biggest takeaways was that focusing on the capital alone misses the main opportunity of a community raise.
OpenGrants Today and in the Near Future
Our partners include visionaries at the frontiers of technology, product experts, and veteran operators in the government consulting space.
This is the Future of Grant Funding
There’s a common concept in business—that for large organizations, new ideas only succeed from the outside in. They must be developed outside of the “immune system” of the organization, then introduced after they’ve been developed enough to show promise.
@opengrants_io Vision and Mission OpenGrants envisions a world where people are empowered with access to simple, fair, grant funding. Our mission is to deploy modern financial infrastructure to support efficient, equitable, and transparent grant funding processes.
The OpenGrants software platform and network of users—and the data generated by them—unlocks new levels of communication, insight, and targeted action between funders and applicants.
What Went Wrong? Part 2: Inequity
There are a variety of discrimination and bias issues in the public sector’s innovation funding ecosystem. Some of these issues are the product of decades of systemic bias including racism, while others have developed over time through bureaucratic bloat and other shortcomings.
What Went Wrong With Grants? Part 1: Waste
While many grant programs exist, most have become victims of bureaucratic bloat and private interest issues. Additionally, many of the grant funding ecosystems were designed with the funders in mind, with little thought given to the end users.
Why Grant funding? The World’s Most Important Capital While it’s rarely discussed outside of specific circles, grant funding is the most important capital vehicle in the world. Most of the core technology used in your phone was originally developed with grant funding.
While most capital seeks to minimize risk, grant funding has been proven as an effective tool for taking on the work of researching and developing solutions that will push humanity forward.