There’s a problem in the business world that few know about. Not enough startup funding is reaching female entrepreneurs which is why a new program has begun with the mission of creating more female angel investors.
All entrepreneurs know that getting funding and expert support for their new business idea is one of the biggest road blocks to getting their business off the ground but now the Kauffman Foundation has started a new website, Istart, that helps with this.
Starting a business takes a lot of money, right? It’s no secret that some businesses takes five or six figures worth of funding but some businesses, which can be just as successful as those high cost startups can come to life with less than $1,000 in startup funds.
When the investor is ready to finance your company, the complicated process of closing the deal begins. This involves some lawyers and a lot of documents. Don’t expect to take any shortcuts in this process. But you certainly can expedite matters by conducting a thorough preparation of terms with the investor.
There is a lot of popular advice about how to structure your business plan to attract angel investors. But let’s examine business plan features that repel angels from investing.
Companies raising capital should not assume that their funding requests exceed the maximum an angel investor can handle. Many angels are connected with angel groups that can accommodate capitalization exceeding the limit for one individual. Some arrangements are jointly funded by multiple sources. This many involve several individuals belonging to an angel group or a […]
VoicesHeard Media, based in Nashville, received $1,500,000 of first round funding from angel investors and is raising a second round of $3,000,000 to $5,000,000. The company founder and his acquaintances provided initial capital for the company. This was followed by the $1,500,000 of angel investment.
The Federal Reserve reports that for the first time since 2008, banks have increased credit for three consecutive months, July, August, and September of 2010. This is welcome news for the entrepreneur hoping to get a small business loan.