MissionFish £10,000 Online Business Grants for charities

MissionFish, (the company recently purchased by eBay which handles eBay for Charity payments), have just announced to charitable grants of up to £10,000 to support charities that want to set up online businesses and need additional funding to get started.

The grants will provide funding for charities to set up an online trading or fund raising business, or grow an existing online trading business, by taking advantage of platforms such as eBay for Charity to raise unrestricted funding for their charity.

During the trial, two grants of up to £10,000 are available, with a view to exploring demand. If more than two sufficiently high quality applications are received, MissionFish may make further funds available to support them.

247 TopSeller, an eBay ecommerce solutions provider, have agreed to support the charitable grants with a year’s ecommerce consultancy and advice, and a high-quality design upgrade and accompanying hosting and support. 247 TopSeller will also offer to develop a Webstore, if required, at a highly subsidised cost.

Whilst £10,000 sounds like a lot of money to set up a new eBay online business if a charity needs to recruit new staff, set up storage or transport for collection of donated goods it will soon be swallowed up. It’s going to be interesting to see how the chosen charities make use of the funds and how the £10,000 assists them in increasing their online fundraising.

Charities interested in starting a new online fundraising venture have until the 31st July to submit their MissionFish Online Business Grant Application Form.

Article Source: TameBay.com

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Entrepreneurial Budge..

When most people take their first plunge into making money online, one of the initial pieces of advice they receive is to gauge their online competition before moving forward with a niche, to make sure it’s not too “competitive” or “saturated” for newcomers entering the market.

I say the more competition, the better. And here’s why…

A niche that has an overwhelming amount of competition tells you two things. First, that it MUST be profitable. Secondly, it means you have a whole slew of websites to potentially leverage off of in the future.It’s important to know that if you’re going to be “ignoring high competition” when choosing a niche, you have to make sure you’re doing at least one thing right. And that is…

Find the Competitions’ Strengths and Weaknesses

When you are researching the competition, don’t just look at their products and prices but look at their entire marketing campaign. For instance, what kind of customer service do they offer? What are their terms and conditions, privacy policy, and return policy? What do you offer in terms of customer satisfaction that they don’t? Look for what your competition is lacking that may give you an edge. For example, if they don’t accept credit cards and you do, you’ve found a way to boost your business’ image by advertising that you accept credit cards. While it may not be this easy to find a weakness within your competition, look for something that they don’t offer that you do offer or will soon offer.

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