Scotland acquired its own internet identity five years ago after a group of motivated Scots formed a not-for-profit company and applied to the the Internet Corporation for Assigned Names and Numbers (ICANN) for the .scot (dotscot) domain.
The process was not an easy one for a small NFP. We had to establish a relationship with a AAA rated bank and there were significant challenges posed by the 450 page application form and the $500,000 in application fee and bond with legal fees on top of that. Ultimately, We had to finance an international start-up business without access to investment finance.
In addition to all this, the application required letters of support from the Scottish Government, a wide range of prominent Scots, Scottish businesses, cultural organisations, sports, charities and Scottish societies at home and around the world. It also had to include a letter of non-objection from the UK Government.
read more (LinkedIn)
The process was not an easy one for a small NFP. We had to establish a relationship with a AAA rated bank and there were significant challenges posed by the 450 page application form and the $500,000 in application fee and bond with legal fees on top of that. Ultimately, We had to finance an international start-up business without access to investment finance.
In addition to all this, the application required letters of support from the Scottish Government, a wide range of prominent Scots, Scottish businesses, cultural organisations, sports, charities and Scottish societies at home and around the world. It also had to include a letter of non-objection from the UK Government.
read more (LinkedIn)
