Like it.
The grant would cover the 700K production plant plus pay for the 2 new engineers and any additional personal that they may need to hire. The grant requires a 50% co-contribution through, so we would still need to come up with up to 2M ourselves to match the grant. Don't think that would be too difficult. May as well ask for the full 2M and build a gigafactory. (Total 4M cash injection).
NON DILUTIVE GOV'T FUNDING, page-221
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