How grants and awards can help startup entrepreneurs, by Dotun Olowoporoku – Startup Setup 9

Some startups need help building an MVP to prove or validate a business model. In this hack, Dotun Olowoporoku – Associate Investment Director at Novastar Ventures, encourages and warns founders about the benefits and pitfalls of grants. Find out when it’s a good idea for your startup and also where to draw the line.

VentureReady Hacks with Dotun Olowoporoku

How grants and awards can help startup entrepreneurs, by Dotun Olowoporoku – Startup Setup 9

Startup Setup series

Maybe you are figuring out what kind of company to set up or exploring an idea you want to develop; You may have a few doubts, dilemmas, misconceptions, and questions that you’d like to clear up for yourself before you quit your day job. Starting a business is a major decision not to be taken lightly, but it’s also a great adventure. Like everything in life, the way you start is likely to have a lingering impact on everything that follows.

The Startup Setup series of hacks is about helping you prepare for life as a startup founder or leader. The best advice you can get is from those who successfully traveled that same path, who are farther along in their journey, or who have spent a lot of time in the ecosystem working alongside budding entrepreneurs.

Next steps

  • If you liked that knowledge nugget, you will enjoy the Start Your Business course in the VC4A Startup Academy
  • For realtime expert guidance click through to the Mentorship Marketplace where you can make a mentorship request to hundreds of mentors
  • Discover advice on how to initiate, structure and develop a great relationship with mentors in the Mentorwise Podcast
  • Learn about resilience strategies and get priceless advice from some of our community’s most successful startup founders in the Founder Series podcast