There are many places to obtain startup funding. Often the search for this funding can be exhausting and challenging, but it can be exhilarating as well. You literally can spend hours browsing through search results and find some really excellent opportunities. Here is a list of 4 sites which are able to get your startup the capital and attention you need. You may still be in your garage, but now you are on your way to bigger and better earning power.
AngelPad
A staff of former Google workers began the AngelPad mentorship plan to assist web technology entrepreneurs in improving their products and learn to pull seed funding in. Selected businesses get a ten-week mentorship plan in San Francisco which ends with a, ‘demo day’ – which is an opportunity to present your concept to investors.
The mentorship plan concentrates on subjects meaningful to a startup launch, like raising funds, finding customers, honing a product, and discovering the proper market. Also, AngelPad deals with the practical needs of your startup, like how to incorporate, immigration visas, as well as setting up bookkeeping. About fifteen businesses attend every biannual conference, and the guidance provided is relevant and personal.
Betaspring
Betaspring hosts a twelve-week plan in Providence, Rhode Island every year to assist entrepreneurs with mentorship, and involves around $20,000 in start-up funding, as well as the assistance of a like-minded community. Every plan ends with a Demo Day, as participants make introductions to investors from the areas of New York and Boston.
Teams utilize their time during the twelve weeks to plan, create prototypes, and meet advisers for assistance with overcoming roadblocks or scaling a company. The last 2 weeks concentrate on planning for Demo Day, and participants obtain feedback on their pitches via a sequence of presentations.
In the program, Betaspring provides complimentary incorporation, legal counsel, and aid with additional official measures needed to complete a business model. Participants also have accessibility to office space within Betaspring HQ.
First Round Capital
One of the most active seed stage venture companies in the United States, First Round Capital‘s has 8 investment experts, and their partners have assisted over 200 businesses in getting off the ground. They concentrate on the initial 18 months of a startups’ development, where they feel they will be able to be the most beneficial. One time per year, the CEOs and founders of First Round Capital’s portfolio firms go to a one-day-long summit that features shared resources, guest speakers, and presentations to executives from retailers online.
Their venture capital-sponsored Exchange Fund requests every portfolio company to contribute a part of the stock they own in their business, and all of the businesses in the fund share its profits. The firm itself doesn’t take any profits from the fund. First Round Capital’s intent includes fostering diversification for the start-ups.
Portfolio businesses are given assistance with research and consulting with a First Round Venture Concierge. The service provides responses to questions concerning marketing or business, oftentimes in less than 48 hours.
Jumpstart Foundry
Focusing on data systems, healthcare IT, and social engagement startup companies in the southeastern United States, Jumpstart Foundry takes a 3-pronged approach to building up fledgling companies. ‘The Foundry,’ Jumpstart’s a fourteen-week mentoring incubation plan and has a goal of preparing a choice of around 6 businesses for a successful launch every year. A sequence of training seminars and classes, referred to as Jumpstart Fundamentals, concentrates on the future by expanding growth in middle Tennessee’s investment and tech industries. Lastly, via investments by the JSF Angels, Solidus-TNinvestco, as well as partnerships with the Nashville Entrepreneur Center, it offers selected businesses $15,000 in startup funds.
Jumpstart stated that $15,000 is more than enough to continue business for 3 months and to get a solid prototype ready. At the completion of The Foundry’s program, however, participants introduce their concept to investors. Jumpstart assists in coaching their businesses to be a success in these presentations and also helps with follow-up support.
Jumpstart doesn’t fund biotechnology or medical device businesses, consultancies, restaurants, or additional local service-associated companies. Jumpstart actively seeks out startups that have a great team. They don't disqualify someone who is a sole founder, but they have seen great advantage in being able to round out a staff which can add technical, business, and additional valuable skill sets within a team atmosphere.