One major concern of any new business is funding, the more funds you have, the faster you will get your business running. Most new startup ideas are left hanging due to the issue of funding; finding the right investor who can trust in your vision and provide you with the needed fund to realize it, is an utmost task to most entrepreneurs. So we had come up with 5 ways to find investors for your new business.
Make use of start-up launch platforms
There are several platform that provides information and assist you to getting your business launched, these platforms also have ways connects you to several investors. They help you to raise funds for your new business. Startups.co is one of them; it has raised more than $13 million for its new business, making it the world’s largest startup community. You also get connect with several investors on this platform.
Try Private Equity Firms
If you have a great idea, that can excite these private equity firms, then you are sure of getting the needed investment, they provide funds to new and old businesses looking for investors. The private equity firms have invested more than $400 billion in over 3000 companies in the US. This is one viable way of getting investors for your startup.
Get funds from Small Business Administration
Another way of getting investment, is to source for funding from small business administrators. They provide new and existing small businesses loans and grants at very favorable terms and unlike most source of funding, they don’t interfere with your business. They are the best choice if you don’t want to give up your equity.
Search on Angel Networks
The term angel funding is very common with new businesses, an angel investor funds your business and provides you with the right mentor-ship. There are several platforms where you can meet angel investors who would invest in your startups. These platforms already have thousands of investors waiting for the right start-up to invest in. they include; Angel capital association, Funded.com, Angel investment network etc.
Acquire funds from online lending platforms
The limitations involved with getting a bank loan for a new business, really leaves most entrepreneurs with very few options. One way is getting funds through online lending platforms, these platforms includes peer to peer groups, non- traditional lending sources, and even large investor looking to help you out. They include, OnDesk, Lending Club, TrustLeaf etc.
Those are the top 5 ways you can find investor for your new business. However, you can also get investments from family and friends, they already know and believe in your ideas and would most likely support you. Nonetheless, it is advisable to have all such investments in writing.
You can also make personal efforts at making yourself visible to investors by creating a presence on social networking sites, websites, blogs and other platforms where investors are bound to be.