Re: [soac-newgtldapsup-wg] WG2 - update from Andrew

[Rafik Dammak <rafik.dammak@xxxxxxxxx>]

Hi Elaine,

One more question:
> Should we require that applicants requesting financial support prove they
> have made significant efforts at obtaining money through other avenues
> first?
>

indeed and in case of for-profit, I think that applicants need to invest too
even a small percentage,

>
> Example: applicant approaches banks, angel investors, registry services
> providers. Applicant is unable to put together the complete financing
> required without our assistance. Only at that point are they eligible for
> support through our program?
>

they can prove that they presented business plan to those prospective
investors, sent formal requests (applications, emails etc)


>
> I can see this program working as a "clearing house"-- matching needy
> applicants with willing providers of the other identified services.  But I
> would prefer to limit the pool of folks receiving cash to those who have
> exhausted other resources.
>
> I think that you defined another condition for eligibility to request
assistance?

Rafik