Enjoy some insights into why I spend so much time thinking about grant funding. I see it the first step in a much needed transformation of the government and how gov spends money.....
Not sure this can all be accomplished from the outside...but we need to fix this...
A Federal agency OPIC loaned $85 million to a contractor for construction Kabul, Afghanistan. The project was never completed. The U.S.
The federal government spends $80 billion on technology-related expenses every year, $55 billion of which is spent on preserving existing outdated technology, rather than using newer and more efficient forms of computing and storage.
The public funding ecosystem lacks transparency and is plagued by inefficient practices, which wastes billions of dollars annually.
It also has an equity problem.
Government agencies struggle to deliver on basic commitments to address issues of inclusion and equity in their funding processes. Meanwhile, underrepresented groups struggle to find and win public funding opportunities, while many aren’t even aware of their existence.
Our entry point solution is a search engine, common app, and marketplace. One day, I would like to see this same streamlined process applied to procuement and government spending in general.
OpenGrants is just the beginning.
opengrants.io/