CAN BE
ALTERNATIVE
INVESTMENT

M24AS00391
Bureau of Ocean Energy Management
Opening date 25 Jun 2024, 12:00AM
Closing date 15 Aug 2024, 12:00AM
Funding Opportunity Number: M24AS00391
Opportunity Category: Discretionary
CFDA Number(s): 15.424 -- Marine Minerals Activities
Cost Sharing or Matching Requirement: No
Posted Date: Jun 25, 2024 12:00:00 AM EDT
Closing Date: Aug 15, 2024 12:00:00 AM EDT
Closing Date Details: Electronically submitted applications must be submitted no later than 5:00 p.m., ET, on the listed application due date.
Estimated Total Program Funding: 1000000
Award Ceiling: $500000
Award Floor: $500000
Eligible Applicants: State governments
Agency Name: Bureau of Ocean Energy Management
Description: The Department of the Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) is responsible for managing energy and mineral resources on the Outer Continental Shelf (OCS). BOEM’s mission is to promote economic development and energy independence while ensuring protection of the environment. The Marine Minerals Program (MMP) within BOEM provides negotiated agreements for OCS sediment resources used in coastal restoration efforts. The MMP continues to look for better ways to serve the American people and to ensure that the nation receives the best value for its resources now and into the future. The Program provides information to support decision-making not only within the Department of the Interior, but also to coastal states and local governments to ensure the responsible use of OCS resources for coastal restoration activities.The Outer Continental Shelf Lands Act (OCSLA) Section 1346 mandates environmental and socioeconomic studies be conducted that are needed for the assessment and management of environmental impacts on the human, marine, and coastal environments which may be affected by offshore energy or other mineral development. The Outer Continental Shelf Lands Act (OCSLA), Section 1331 encourages state participation in policy and planning decisions related to OCS resources, including sand and gravel. OCSLA Section 1345 authorizes the use of cooperative agreements with affected States to meet the requirements of OCSLA, including sharing of information, joint utilization of available expertise, formation of joint monitoring arrangements to carry out applicable Federal and State laws, regulations, and stipulations relevant to outer continental shelf operations both onshore and offshore.Cooperative partnerships with states, through either a state agency or institution of higher learning, to conduct marine minerals investigations have successfully been completed since 1994
Grantor Contact Information: Dominique Bruce-Morton dominique.bruce-morton@bsee.gov
Value Ad helps new businesses save 50% to 80% on essential services like marketing and
development. These savings act as an alternative investment, fueling growth.
Service providers gain valuable initial customers, helping them grow and attract investment.
It's a win-win for everyone!
This App/website is not affiliated with any government agency. We collect and organize information from publicly available government websites and provide direct links to these official sources.
For accurate details and to apply for grants or loans, please visit the relevant government websites linked within the App/website.
What is Value Ad?
Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.
How is it a Win-Win Deal?
For New Businesses:
Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.
Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.
For Service Providers:
Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.
Marketing Efficiency: By providing affordable services, service providers do not need to spend heavily on marketing to acquire new customers. The discounted services themselves become a powerful marketing tool, bringing in customers who can spread the word and enhance the provider’s reputation.
Growth and Expansion: Attracting more customers through Value Ad helps service providers expand their client base and build long-term relationships, which can lead to increased revenue and business growth.
Alternative Investment for New Businesses:
For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.
Benefits for Service Providers:
Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:
Building Traction: Demonstrating product or service viability to potential investors.
Securing Funding: Enhanced customer traction and a growing user base can make the service provider more attractive to venture capitalists and other funding sources.
Market Penetration: Establishing a presence in the market quickly and efficiently without heavy marketing expenditures.
In Summary:
Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.
We use cookies and similar technologies that are necessary to operate the website.Please read our cookie policy.
We use cookies and similar technologies that are necessary to operate the website. Additional cookies are only used with your consent. We use the additional cookies to perform analyses of website usage and to check marketing measures for their efficiency. These analyses are carried out to provide you with a better user experience on the website. You are free to give, deny, or withdraw your consent at any time by using the "cookie settings" link at the bottom of each page. You can consent to our use of cookies by clicking "Agree". For more information about what information is collected and how it is shared with our partners, please read our cookie policy.