— Innovators and Entrepreneurs Foundation (@IEF_FIE) April 15, 2020
A1 There are lots of ways to finance a start up, but I'd start with yourself - other sources of funding (eg. friend and family, bank loans, crowd funding) are more likely to follow if they know you are committed. #StartupChats@scotiabank
A1. There has never been a better time to start a business and there are so many great resources available for business owners. @bdc_ca in particular has so many great resources on their website. @scotiabank#StartupChats
Agreed! If you're starting a business in the United States, look into loans offered by @SBAgov and additional grants that can provide funds for small businesses. #StartupChats
A1) There are lot of resources available. Depending on the geography, the context and associations may vary. There are some global banks who may offer it in every country they operate. #StartupChats
— Small Business Success (@Microsmallbusi1) April 15, 2020
With the current climate, raising funds in time of Corona from investors can be challenging as they are focused on current investments that may be struggling. Look for VCs that recently raised fresh round of funding as these aren't likely committed yet. #startupchat
— Bill Chuong ( Maple Smart Control) (@sumosumi04) April 15, 2020
A1. As we are located in EU, a lot of companies apply for EU funds in order to boost their digital transformation. EU funds ask for an average of 10-30% financial participation, depending on industry and country #StartupChats
A1: When it comes to financing your business, you can turn your heads to Venture Capitals or Angel Investors. Having a look at your Government grants & subsidies is a great way to get the ball rolling as well :) #startupchats
A1) I think initiatives like this is a great resource, working with a mentor, taking part in different organizations and incubator groups. Put yourself out there!!! @scotiabank#StartupChatshttps://t.co/qSFDHdil0S
A1: Right now, capital is a challenge for businesses. Venture capital is hard to obtain, but entrepreneurs have other options such as venture debt, government grants, and BDC low-interest loans if they qualify.#StartupChatshttps://t.co/o5ptePz5c3
A1 When you're financing your business, you have several options: *self-funded *family/friends *crowdfunded *customers pre-order *bank loan *small business loan (e.g., @sba) *VC *angel investor(s) Right option depends on your biz#startupchats
— Suzanne Brown/Marketing & Biz Strategist (@OKsuziStrategy) April 15, 2020