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Tuesday, 14 July 2015


How to fund your business idea

It's hard enough to come up with a business idea and to make it happen, so to many funding an idea sounds really tough. And it is.

Fortunately there are many options that allow you to find money to get started and start the pump before it comes flowing by itself.

  • Ask your family and friends is a good place to begin. But first do your homework and make sure it won't be a bad experience for them... and yourself.
  • Ask organisations supporting entrepreneurs, like accelerators, incubators or government backed schemes. Such grants might be difficult to get but really worth it in terms of liquidity and indirect visibility.
  • Go to crowdfunding platforms and raise money there. Most projects seeking funding have a target of $10,000 and the objective is reached more than half the time depending on the platform. Give it a try!

About Billy

Business Ideas: the ultimate test for your business ideas

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