$2m?
After spending my day roofing, cut about 30 minutes short due to rain (yeah, rain in Southern Texas, crazy!), I received the last needed piece for our grant application to the 21st Century Research and Technology Fund (a $72m biannually state-funded program of the IEDC) in my inbox. I got the final application, with our request for $2 million, in tonight.
Thanks to everyone who’s helped developed this app…it’s been a 7 month writing process. By this point, it’s pretty damn good, if I may say so myself. The biggest, boldest, most in-depth business plan I’ve ever written. It’s really quite impressive, forward-looking yet practical/attainable. And Ok, done tooting my own horn.
If I remember correctly from our initial meeting with the IEDC, of the applicants who make it to the point of officially applying, 20% get funded. Not bad odds, relatively. If we receive the funds, we’ll be able to expand much more rapidly and take our technology and approach far beyond where it is now. We’ll know within 90 days.
Oh, and thank you Anthony for suggesting a reduction of the use of the phrase “web 2.0″ — I just read this article on TechCrunch that made me remember your emphatic suggestion that we eliminate that meaningful-less phrase:
So why do I say it’s fading? For one, because the number of startups that contact us and include the term Web 2.0 in the subject line or message is visibly dropping (and that’s a good thing), and I hardly ever see it mentioned anymore on other technology blogs and news sites either. That’s not really tangible, so I took a look at the number of mentions of the phrase across the web, and they seem to be decreasing significantly, reflecting my feeling on this.
Goodbye web 2.0. Hello return to value — the web services that survive the downturn will be truly worth something to someone.
