gm @Stew - thanks for your comment. You are right, we are borderline there. We went ahead with applying for the 750k bucket because of a few reasons:
- Our volumes are starting to blow up, we have found PMF, and believe now is the best time to fuel the growth. And based on our projections, 200k would not have been sufficient.
- While we have not completed 4 months, our 30D cumulative volume still passes the benchmark
- By the time the grant is received, which is expected to be mid-October roughly, we would have completed 4 months of being LIVE. So in that way, we’d have crossed the 4 months mark by the time we are ready with the grant to disburse.
Please let me know if you have more thoughts. Happy to chat further.