Inceptive Solutions Inc Inceptive Grants They steal your business idea with promise of up to $75,000 then they give out only much smaller amounts. Internet, Internet

Inceptive Solutions contacted our grant applicant who has a very similar email address as the username of the poster and received the following response. We have purposely blanked part of the email address due to confidentiality reasons but are willing to share the original email to any concerned future applicants.

As everyone can see, the username of the poster is 'thanaraj29' and the email address of the applicant begins with 'tthanaraj29'. I am positive future applicants can make the connection.

The email response we received is as follows:

From: tthanaraj29@*****.***
Sent: Wednesday, January 04, 2012 3:37 PM
To: Derek h*o
Subject: Re: Inceptive Solutions Blog Response
 

Hi Derek,
 
I had a look on the blog that you send the link. Yes, the reporter ID says 'thanaraj29' but I never did this. Even, those words and writing styles are not mine. I never visited your location either. So, somebody may illegally used my ID or they may have similar ID of mine. I really don't know what happened in this regard. But I would like to insist you better trace this person, this will definitely help me to avoid this kind of misbehaviour in future if he/she misused my ID.
 
Look forward to hearing from you
 
Regards

It is shocking to read such a post about my company knowing that one of our
Senior Business Consultants had given you a call and spoken to you directly
about this matter. Inceptive Solutions does not need to steal yours or any other
business idea that we receive. We have absolutely no intentions of starting a
'new business' and will remain in the direction which we have been going which
is to help as many entrepreneurs through our grant program.
 
As you mentioned, we have awarded grants in the recent six months. However,
if you took a closer look at our website, you will notice those grants/awards
were given out at events (StartUp Weekend Hamilton & Oakville Mompreneur
Showcase) which we sponsored. Those specific events which are mentioned are very
public events even being mentioned in local newspapers such as SNAP Oakville and
Hamilton Spectator (http://www.inceptivesolutions.com/about-us/in-the-news/).
If you take even a closer look, you will also notice we have sponsored other
upcoming events similar to the ones posted on our website and will continue to
post those on our website. The amounts you are speaking about were all
pre-announced prior to the events via press release and shouldnt be a shock to
anyone that the amounts are low. The grants listed are not the amounts awarded
to our finalists which we have made pretty clear by posting the logo of the
event above the winner listings.
 
Since the beginning of this process, we have done everything to make this
as open to everyone as possible. I am sure you also noticed that we announced
our finalists at StartUp Weekend Hamilton which took place at McMaster
University. The pictures are posted on our website and available for you to
view. Every step we have taken has been transparent and open to the public
rather that's attending the events where we announce our finalists or visiting
the events where we have awarded grants. Everything is pre-announced via press
releases on our website and social media (@inceptivesolu).
 
Regarding the amount of money we give out, as mentioned in our FAQs (http://www.inceptivegrants.com/?q=faq),
the amount is solely dependent on our revenue. As a company, we are taking money
out of our own pockets to help others in starting or growing their business. So
in agreement, the grant amount can be less then the $75,000 which is very clear
on our website. We never advertise the amount will be exactly $75,000.
 
You are also correct in stating that our company sells business plans and
websites as that is how we fund our grant. We also have another revenue
generating website such as InceptiveFunding.com to help connect entrepreneurs
with investors. We are also considering launching our own incubator in our
office shortly and helping them launch their businesses. From Inceptive
Solutions, Inceptive Grants, InceptiveFunding.com and our upcoming incubator,
you can determine on your own that 'stealing' one's idea hasn't even crossed our
mind nor will it ever. All four of our divisions is built around one idea in
mind, to help entrepreneurs grow or start their companies and become
successful.
 
About our office, you are correct as well in saying that we were probably
closed for the holiday season. The reason why our name is not listed in the
lobby directory or on the front of our door is because we only subleased the
office space for 13 months. Inceptive Solutions will be making a decision
relating to the future location of our office shortly but until then, we welcome
you to visit us once again during regular office hours. As a start-up ourselves,
we made the decision to rent a sublease to see how our first year of business
goes before committing to a long term lease.
 
Lastly, to answer any additional concerns which you may have, I welcome you
to visit our Inceptive Grants Partners webpage (http://www.inceptivegrants.com/?q=partners).
From there, you will notice we work with several start-up communities such as
StartUp Weekend and Mom Ventures along with universities such as Ryerson
University and Wilfred Laurier University. Not only does Inceptive Solutions
help entrepreneurs but future entrepreneurs as well through our partnerships. If
you visit their websites, you will notice our logo on each of them which should
answer your concerns about us.
 
I truly hope this answers your concerns about our company. We welcome your
response on this website or via email at contact@inceptivesolutions.com.
 
Derek h*o
Chief Executive Officer
Inceptive Solutions Inc.