Billions of government dollars exist to help American machine shops, but the capital is scattered across hundreds of programs and buried under paperwork no shop owner has time for. Most eligible manufacturers never apply. Algedon is a thesis about fixing that: a legibility layer that maps what a shop qualifies for and makes claiming it tractable.
Algedon is pre-product. We're in customer development right now with US precision machining shops — talking to owners and the people who advise them before committing to a product direction. The thesis is what's funded; the product is what we'll build.
Government capital for manufacturers is widely available, but often a hassle to discover and apply for. The thesis: software can get the funds delivered.
Every program has a different portal, a different application, and different rules. The opportunity is to consolidate the information in one place and give owners clear answers.
An SBA 504 loan takes three months of paperwork. Shop owners already work long hours, and government agencies don't have the bandwidth to help. You don't know if you qualify until you've already spent 100 hours on the process.
Government agencies don't push capital to the people who need it. There's no alert when a new grant opens, no dashboard for your geography, no way to know what changed. If you don't already know where to look, you don't look.
The future product surface: fill out one common intake form, and the system matches it against every program in the database to give a scored, sourced answer. The screens below are vision, not working software.
| Program | Agency | Type | Max Amount | Geography |
|---|---|---|---|---|
| SBA 504 Loan Program | U.S. SBA | Loan | $5,500,000 | Federal |
| SBA 7(a) Loan Program | U.S. SBA | Loan | $5,000,000 | Federal |
| SBA MARC Loan | U.S. SBA | Loan | $5,000,000 | Federal |
| NY Manufacturing Assistance | NY ESD | Grant | $1,000,000 | NY State |
| NY REDC Capital Fund | NY ESD | Grant | $500,000 | NY State |
| NY SSBCI | NY ESD | Loan | $100,000 | NY State |
| IDA PILOT Program | Local IDAs | Abatement | varies | NY State |
| NYSERDA FlexTech | NYSERDA | Cost Share | varies | NY State |
The system will do the work that today takes three months and a consultant.
Federal, state, and municipal — continuously updated. Every program structured by eligibility rules, capital type, obligations, and geography. Not a link farm. A real database.
Location, headcount, what you're buying, how much you need. Takes five minutes. The system scores you against every program and ranks what fits.
Every program you likely qualify for — loans, grants, guarantees, tax credits — in one view. Like a financial aid letter, but for your shop. With confidence levels and obligations in plain language.
Don't want to read statute text? Ask in plain English. Every answer sourced and cited from official program materials. No hallucination, no guessing. Just the rules, explained clearly.
Algedon is built by James Waugh, who spent four years selling production planning software to small and mid-size manufacturers. If you're evaluating the thesis, the fastest way to judge it is to judge him.
Read about the founder