The government most likely. There are several places in this world where startups, and businesses in general, almost drown in free money like this. The downside to this is that in order to get this free money, you first have to go through a senseless amount of paperwork, bureaucracy and bullshit. But, to be honest, it's a small price to pay for what you get.
Northern Ireland for example is a startup paradise. InvestNI, the government body in charge of giving away free money, recently had to give back a whooping £39m (that's $62m!) because it couldn't find enough businesses to give the money to quickly enough.
Sadly, many entrepreneurs in these places have never experienced what doing a startup in the "real-world" is like and they don't realise what an incredibly competitive advantage these grants give them. So instead of leveraging this opportunity, many spend most of their time whining and complaining about the paperwork and bureaucracy involved.
Northern Ireland for example is a startup paradise.
I can confirm this. One of the guys on my team has contacts in InvestNI and I'm told that they want and need to give money away or else they won't get as much for their budget next year, so its really easy to get free money off them.
Northern Ireland for example is a startup paradise. InvestNI, the government body in charge of giving away free money, recently had to give back a whooping £39m (that's $62m!) because it couldn't find enough businesses to give the money to quickly enough.
Sadly, many entrepreneurs in these places have never experienced what doing a startup in the "real-world" is like and they don't realise what an incredibly competitive advantage these grants give them. So instead of leveraging this opportunity, many spend most of their time whining and complaining about the paperwork and bureaucracy involved.