| Topic : 10x Tips & Strategies on startup funding |
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Banking & Insurance Professionals
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Activity:
56 views;
last activity : 08 24 2010 16:59:05 +0000
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Crowd - Funding
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Get a bank loan
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Personal savings
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Family & Friends Circle Loan
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Venture Capital
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Joint Ventures
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Welcome to india.growvc.com - where you can get crowd-funding for your start-up. Yes, just present your idea to India's leading investors and besides an opportunity to get direct funding - you can get crowd-funded wherein several subscribers on the site can allocate small portions of money towards your idea. This is first time in India that you can now crowd-fund start-ups. |
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For starting any new bushiness i think this is the best way to be start...
it's really a good way to provide platform to those who want to invest and those who want money for start-ups.
Yes i agree with you, their are lot of prople who have a ideal oney, and are one who want to be part of success stories of others.
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If you have a solid business plan and the lender agrees, this can often be the cheapest (interest rate-wise) loan sources available. |
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There's nothing like having your own money saved, to put into your startup. You have the satisfaction of having saved it on your own, and the knowledge that you don't owe anyone. |
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Family & Friends Circle Loans. Usually referred as angel loans. The speciality of this loan is, they do not have interest cost on head. Can take some time until the bsns gets established and then this can be settled. |
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Economic Times conducts a program each year where they connect people with good Ideas / business ventures with venture capitalists. It just got over this year. Watch out for this program next year. Good Ideas get funders. IIT Mumbai conducted such a program last year. One can google for venture capitalists and present the idea to them. The following has to be taken care of : 1. It is better if the product (in case of inventions) is patented before approaching the VC. 2. If possible, start the business venture with whatever capital you have and make it successful to the level possible. This would show the venture capitalist the possibilities of not only the business venture but also your capabilities.
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Joint ventures and partnerships are also the best ways to get fund for your business. |
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