get funded! here are 8 ways how to

Get Funded! Here are 8 Ways How to

Finance it Yourself

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Some common means of financing the deal are savings, cashing in on bonds and taking out loans on fixed properties like a house or land. Do weigh the risks against the potential benefits before you do this though.

Finance it Yourself

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Ask for Friends and

Family Money

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When you have exhausted your personal resources, it is time to ask your friends and families. They are the ones closest to you and they have only good intentions about you and your venture. They know you and your background and trust you. Do not be afraid to ask out of fear or shame.

Ask for Friends and

Family Money

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Crowdfunding

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Pebble, the smartwatch company, and the Tesla Museum Project at Wardenclyffe are great examples of successful crowd-funding campaigns. Sites like Kickstarter and IndieGogo are great avenues to raise funding from people in exchange of products instead of equity.

Crowdfunding

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Join Incubators

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Incubators are organizations which provide resources like offices and funding for early stage startups in exchange for a small amount of equity. Incubators are mostly associated with educational institutes and large companies whose goal is to spur innovation and not make profit.

Join Incubators

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Apply for a Loan

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Most banks offer government subsidized loans for small and medium business enterprises that you might qualify for. Also ask for any low interest business loans or personal loans they might offer.

Apply for a Loan

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Find Angel Investors

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Angel investors are wealthy people looking for investment opportunities in up and coming companies. They can offer significant financial backing at the cost of a huge stake in your company, ranging from 10 to 50 percent. However, angel investors are often experienced individuals who can offer valuable guidance that a budding startup might need.

Find Angel Investors

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Find Venture Capitalists

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Venture capitalists are professionals who make their money by investing in high-risk high gain early stage startups. Venture capitalists receive a huge number of applications for funding, so they typically are not a good place to start looking for funding. However, if you do get selected, you can potentially get access to all the financial resources you think you need and then some.

Find Venture Capitalists

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Prepare Your

Presentation

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Your pitch for funding can make all the difference between a successful round of funding or going home dejected. You typically get less than 90 seconds to make a lasting impression on the investors and you must pique their interest in that time frame. It is critical that your pitch be as perfect as humanly possible.

Prepare Your

Presentation

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