One of the biggest drawbacks to starting your own business is finding the funding to actually get it started. In fact, this can be one of the biggest reasons why many people have great ideas, but never end up doing anything about them. Don’t let this happen to you. If you know where to look, there are plenty of financing opportunities, as well as ways to get your finances in order so you have more working capital. Here are some of the top funding sources for new businesses.
Another popular crowdfunding website for small businesses is Fundable. This is a hands-on service that has one goal and one goal only, which is to help people raise enough capital to start their own new businesses.
One of the biggest drawbacks to crowdfunding is that with many of the sites, if you don’t reach your fundraising goal, you don’t get any of the funds. RocketHub is different. Even if you do not meet your fundraising goals, you still get to keep all of the money that you have raised. So, even if you don’t get the exact amount, you will still have funds to get your business started.
Crowdfunding is all the rage these days, and people are using it to raise funds for all kinds of things, including starting new businesses. Crowdfunder will put you in contact with investors who may be interested in helping you with your startup.
Some financing opportunities are specific to certain types of businesses, such as Jumpstart Foundry. This is mainly for data systems, IT, healthcare, and social engagement startups throughout the southeastern United States. They offer a 14-week mentoring program, and through investments they are able to provide selected businesses with $15,000 in funding for their startups.
The National Business Incubation Association is a great place to look for funding. They offer loads of resources, including a list of business incubators and great articles that are loaded with advice you can really use.
It may be that you are having difficulties getting business financing because you have credit issues. IVA-Advice.co can help you to become debt-free in five years or less, so you will be able to get the financing you need to get your business off the ground.
This service was started by former Google employees, and is geared towards those who are working in web technology. There is a 10-week mentorship program for selected companies, and they can also help with such things as immigration visas, bookkeeping services, and incorporation.
There are many government agencies that offer funding for small businesses. One such form of funding is the Small Business Lending Fund, which gives money for small businesses. You receive the money through certain approved lenders, which can vary from state to state.
More than 200 companies have been started, thanks to the eight investment professionals at First Round Capital. They work with businesses during the first 18 months of development, and they offer annual day-long summits with additional resources, guest speakers, and more.
Each year, Launch hosts a two-day conference. There are two competitions for startups, one for those that have had no demonstrations to the press or the public, and those that are in closed alpha or beta. This is actually for existing businesses that want to introduce new products or versions of products they already offer. The judges are investors, and they, along with a jury select the winners for financing.