AI Chatbot for EU funding

Quick Facts

Tech Stack

AI / ML

OpenAILangChain

Other Tools

Clerk

Database

Supabase

Frontend

JavaScriptNext.jsReactTypeScriptTailwind CSSshadcn/ui

Payments

Stripe

Infrastructure

Vercel

About the Business

An AI-driven platform designed to streamline the process of searching and applying for EU funding calls, offering instant connectivity with relevant grant opportunities, simplifying complex criteria, and reducing manual research efforts significantly.

Business Model

- B2C: Credits or subscriptions for founders and entrepreneurs looking for funding opportunities. - B2B: Bundled subscription for accelerators, incubators, and other organisations that want to offer GrantsFinder as a benefit to their members. - White Label: Offering a white-label version of the platform to consulting firms that want to offer it as a service to their customers. - Licensing: Licensing the technology to other verticals such as research grants, scholarships, and other types of funding.

Competitive Landscape

- GrantApp - https://grantapp.eu/ - EUcalls - https://eucalls.net/ - Kaila - https://kaila.eu/ - Fandit - https://fandit.es/

Reason for Selling

The intellectual property is the most valuable asset of the business. The platform uses the latest AI technology, such as Retrieval-Augmented Generation (RAG) and vectorised data, to create a chatbot that can understand, match and answer complex questions about EU funding calls. We have also been working with experts in the field to increase the accuracy of the results, by optimising our prompt engineering techniques and web scraping and data formatting to be tailored to the specificities of EU funding calls and the Funding & Tenders portal. The business has a strong potential for growth and expansion, with a clear path to monetisation and a solid foundation to build upon. There's also the opportunity to apply the same technology to other verticals, allowing the buyer to leverage the existing codebase and expertise to expand into new markets. Key assets such as the domain, the codebase, and the marketing materials are included in the sale, making it a turnkey acquisition for the buyer. Reason for selling: Starting a new venture and Business challenges. As a Venture Builder, we are constantly starting new ventures and recently we've been exploring new opportunities in the AI space. With this platform, we have validated the market, the needs, and the technology, and it was a great learning experience. We were able to build a great product, however, despite the potential, we have other ventures on our portfolio that have a better fit for our expertise and resources.