Ignite Your Startup with TIB Digital Grants
Welcome to the TIB Digital Grants Program! Our aim is to provide promising tech startups with the financial fuel they need to skyrocket their ideas. We believe in the potential of ground-breaking tech startups to disrupt markets and drive technological innovation. We're ready to share our resources and expertise to turn your passion into reality.
Choose your path to success
While we're committed to nurturing tech startups at TIB Digital, please note that our grants are awarded selectively to those demonstrating strong potential. Our grants aren't one-size-fits-all; instead, we align the grant size with your startup's scale and budget to ensure the most impactful support for your unique needs.
GRANT A$50,000 USDFUNDING
Turbocharge your startup with our substantial Grant A funding. This program offers you $50,000 specifically earmarked for design and development efforts. To qualify for this grant, you must be ready to match this grant amount.
In exchange for our investment, we ask for a 10% equity stake in your company. We believe in partnership, not just patronage, and your success is our success. Moreover, you can enjoy ongoing reduced rate design and development services as a part of our commitment to your growth. Please note, funds must be used through TIB Digital, renowned for proficiency in empowering tech startups.
GRANT B$25,000 USDFUNDING
For those startups in the early stages, our Grant B may be the perfect fit. We provide $25,000 funding which, similar to Grant A, must be invested into design and development efforts. You'll need to match this grant amount to qualify.
As with Grant A, TIB Digital should be utilized for any services covered by these funds. In return for our investment, we ask for a 5% equity stake. You'll also gain access to ongoing reduced rate design and development services.
GRANT C$10,000 USDFUNDING
Our Grant C initiative provides startups in their initial stages with a $10,000 financial uplift. These resources should be directed towards design and development collaborations with TIB Digital. To qualify, startups must provide a matching budget, or if no budget exists, agree to a more significant equity share. We see this as our dedication to fostering tech industry innovation.
Frequently asked questions
How can I apply for a TIB Digital Grant?
To apply, simply fill in the form below with the required information about your startup. Please ensure you provide accurate and complete information to avoid delays in processing your application.
What criteria does TIB Digital use to select grant recipients?
We consider various factors including your business plan, potential for growth, the viability of your tech product or service, and the amount you're able to match for Grants A and B. The selection process is designed to identify startups with the highest potential for success.
Can I apply for more than one grant?
Each startup can only apply for one grant at a time. We encourage you to apply for the grant that is the best fit for your startup's current stage and available budget.
How long does it take to process my application?
Processing times can vary, but you can generally expect a response within 4-6 weeks from the date of application.
Do I have to use TIB Digital resources for design and development?
Indeed, to ensure the highest standards for your startup, we mandate that the grant funds are spent utilizing TIB Digital's resources. TIB Digital boasts some of the industry's top designers and developers. Our insistence on this partnership is rooted in our confidence that with TIB Digital, you will receive the absolute best services and unparalleled quality tailored specifically to tech startups.
What happens once I'm accepted for the grant?
Once the grant is awarded, we help you utilize the funds with TIB Digital. Remarkably, each dollar you invest in design and development is matched by TIB Digital, up to the grant value, amplifying your resources. This blend of financial support and top-tier expertise from TIB Digital propels your startup's success.
Will the grant funds be deposited directly into my bank account?
No, the grant allocation is intended to be utilized directly with TIB Digital for our design and development services. As a result, we will deduct the grant amount from the total cost of the services provided.
Can international startups apply?
Our grant program is open to all tech startups, regardless of location, as long as they meet our criteria and are prepared to work with TIB Digital.
— Take the leap — Take the leap — Take the leap — Take the leap
Let's ignite your tech startup journey together. With the right funding and resources, you can realize your vision. Choose TIB Digital Grants today, and let's bring your idea to life.