STARUP'S FUNDING

STARUP'S FUNDING

1. Reasons why you need money

   • Build your prototype
   • Pay core employees
   • Purchase equipment
   • Pay for licenses to use IP
   • Rent office space

2. Where do we get money?

   • Angel Investor
     • Affluent individual who provides initial capital for a start-up
     • Compensated with:
       • Owner equity & convertible debt
   • Venture Capital
     • Financial resources given to early-stage companies
       • Stages of VC: Seed funding, startup, growth, expansion and exit.
   • Other funding resources
     • friends and family funding
     • grants or government funding
     • bank loans
     • public equity
     • crowd funding

3. How to get VC?

   • Convince the firm that: you have a good idea, people want it, it is profitable, it has a growth potential, you can beat competitors

4. where do we get business resources?

   • Program designed to support successful development of startups by providing business resources