Pride Investors to begin a Mini Pursuit
Community who pay for startup companies are certified as angel investors and chance capitalists. As defined by AllBusiness.com, startup businesses may acquire onliest a detailed calling arrangement and are in the earliest period of augmenting. Angel investors can care anywhere from $300,000 to $5 million in financing for a start-up, according to Entrepreneur Periodical. Finding one of these investors may be lucid, largely provided you carry the due contacts or recognize who to ring, on the contrary getting funded process that you chalk up to constitute a field course and already yourself professionally.
Instructions
1. Prepare your livelihood animus. Investors generally approximating to inspect that you corner done your homework in terms of responsive the bazaar. Fabricate a intersect that specifically and in naked truth describes your product, overhaul or invention. Make a incision that talks approximately your background, experience and that of the other people in your startup company. Discuss your target market--the people to whom your business is aimed. Make a section each for talking about the competition you face in the market, a detailed marketing plan and how much financing and capital you need.
2. Network with people who know you. Talk to friends and family members to ask if they know of any investors. Ask your attorney, accountant, banker or lender if she knows of investors who might be interested in your startup idea or if she knows of any angel-investment groups. Find a nearby college or university. Check with the university to see whether it runs an entrepreneurship program or a similar degree for students. These programs can sometimes attract angel investors or venture capitalists looking for new opportunities generated by the university and students.
Chambers of commerce connect small businesses with each other and host local meetings on a regular basis. Ask your chamber of commerce for the names of angel investor groups or venture capitalists. Or network with other small business owners at chamber meetings and ask others if they have ever received funding from an angel investor or investment group.
4. Call the director of a native Small Business Development Center. This network--funded in part by the U.S. Small Business Administration--provides resources, including capital, to small business owners in the U.S. Find the director's name and contact information for your local chapter in the Small Business Development Center state directory at asbdc-us.org. Speak with the director and ask for a referral to or help in locating angel investor groups.
5. Entrepreneur Magazine--a monthly publication devoted to entrepreneurship and small business--recommends contacting these professionals because they may be in contact with individuals who have money and who may acquire startup companies.3. Join your local chamber of commerce. Contact the director or chair of the entrepreneurship program and make an appointment with him. When meeting with the director, talk to him about your start-up business and ask for connections to possible investors.
