It’s interesting to note that historically, most of grant recipients in our program ended up leaving or shutting down or even not delivering at all, which really puts things into perspective. This history emphasizes the need for a more sustainable and impact-driven approach to funding.
The idea that developers can begin by bootstrapping their projects to create a small but meaningful impact is something I strongly believe in (web2 dev speaking here). It’s not just about proving their commitment but also about demonstrating the real-world value of their projects without initially relying on heavy funding.
This approach sets a solid foundation for seeking VC support or foundation grants later on. It’s a way to ensure that when projects do seek out funding, they’re already backed by a track record of impact, no matter how modest. This isn’t about leaving devs without support but ensuring we back those who’ve shown they can deliver.
I think it encourages a healthier ecosystem where funding is directed towards projects with proven potential and dedication. It’s about fostering a culture of achievement and sustainability.