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My friend leads a startup (reddthat.com)

submitted 1 week ago by thoughtful_taco@reddthat.com to c/solarpunk@slrpnk.net

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This is an alt account. I doubt I will use it to post again.

A friend of mine leads a startup. They are beginning to draw attention and are soon to go for investment funding. They make something to be used in sports, medicine, and space.

My friend is frustrated with the ecosystem's current obsessions. 'AI B2B SaaS', making 10x returns in 3-5 years. None of it is sustainable. None of it solves real problems in a way that will keep them solved for decades to come. In a way that is truly new, and better than the old ways in consideration of social and ecological impact.

In your opinion, how might my friend best navigate their choices to positively influence the world? What actions would you take, in their shoes?

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[–] Justas@sh.itjust.works 5 points 1 week ago

Many countries have business grants, especially for sustainable or otherwise advanced businesses.

Some of them are low interest loans for developing a startup that might otherwise not find investments.

Others are more like research grants for developing a process or technology, a small sum of money to do research for a limited time and to produce some tangible results.