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  • jhasneha29novm

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    7 months

    How to Frame a Fund Request Without Salaries ? [i will not promote]

    I received this email regarding a funding opportunity: " Please consider following points for final screening: * Prepare your fund request within the policy threshold which is INR 10.00 Lakh in tabular format strictly.  * Avoid all HR Cost like salaries, hiring of interns, Administration, Asset Creation, Working Capital like heads in fund ask. " The challenge? My software startup's biggest expense is **developer salaries**! Since direct HR costs are excluded, how can I structure my request while still covering critical expenses for product development? Some ideas I have: * **Consulting & professional services** (to indirectly cover developer work?) * **Marketing & outreach** (ads, SEO) * **Compliance & legal expenses** Has anyone faced a similar restriction before? How did you justify essential costs without directly listing salaries? Would love to hear your insights \[i will not promote\]
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