Thanks @jerrybanfield for looking at this and your question. We are very happy to start small and we appreciate that such a funding amount might be raised in tranches. Any funding support we are able to get from budget team at this stage can take us through the private beta testing and even more. We will then continue to update the community and the budget team has to how the money is being spent and put in additional request over time if there is the need to. In addition to this, other forms of support such as mentorship, advise etc will also help us, as we grow from an idea into a business. To wrap it up any amount from the budget team + going advise and mentorship (if possible), will go a long way to help us get this service going and to support the Steem community.