So, I first heard about Mark Cuban's stimulus plan via Seth Godin's blog posting, Calling Your Bluff. I had to run out of the house, so I didn't have the opportunity to check it out. Also It sounded too good to be true, so I forgot about it. Then today, while attempting to find where I could downloaded the, now famed, 1000-plus-page, Obama, economic stimulus plan (ahhh fun), I actually came across the post in my Google search. The Mark Cuban Stimulus Plan - Open Source Funding. In a nutshell, if you post a business plan that has a tangible project that generates its own cash flow within 60 days of start-up and breaks even by day-90, you may be eligible to get some boost funding.
I do like the premise as well as the requirements. It forces the entrepreneur or prospective entrepreneur to think about what she or he can start or work on today, that can help boost the company AND the economy by generating cash flow RIGHT NOW and would necessitate employing or contracting people to grow. Funny, my wife's company Double T Catering (yes, shameless plug) actually could make a pitch. Viva la economia!
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