50k datacenter start-up

Hello, I am from EU and I might be eligible to receive around 50k in funding to start a business, from the government. I was thinking about starting a small scale Tier 1 datacenter: buy 20-30 servers, hire a SysAdmin to take care of them and promote my business online and offline to local SOHO businesses and SMEs. I did some research and reading online, but most resources talked about setting up a fairly big datacenter (1m$ to 1b$ ).

I do have some limited experience in this field (setting up websites for local businesses, using a VPS etc.), but not nearly enough. However, I like this field and I am open to learning more.

Is here anyone who started a small scale datacenter? How viable of a business is this? It seems like a fairly profitable business to me, but I might be missing something.

submitted by /u/bearoftheyearingear
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