The internet has brought so many gifts, and one of the major effects it has had is in connecting those with means to those who need means. Finding venture capital, or startup funds for a new venture, was, up until quite recently, a very daunting task indeed. In “Crowdfund Your Startup,” the merits of this type of avenue for raising capital is discussed at length, and it becomes like a guide for those looking to make their dream a reality. Crowd funding is a wonderful way to bring those of modest means into the realm of becoming an investment banker. It is also a way to garner the attention of those that are very wealthy, and who look for pet projects that show promise, in which to invest.
In Texas, there is a program, the Texas Certified Capital Company Program, which provides alternative sources of seed money to companies in Texas. This is an excellent idea on the part of the state for getting involved with this as it is a way to organically grow their employment base, and also to breathe new life into the business cycle. The internet has also spawned a new industrial force in the world, but unlike the definitive evolution of the Industrial Revolution, it is a bit more fragmented, as it is largely driven by entrepreneurs, yet it will likely be regarded as equally as powerful. It is a movement that, with Texas providing access to those that want to support startups, will keep business interests within their state, and can help them grow an even more robust economy. This is smart business move.
Sometimes people don’t even know where to begin in trying to find venture capital, and perhaps they even need a better understanding of what exactly this is. To this point, this article can help those seeking a better understanding of what this type of funding is, and what they might expect when they set out looking for it. There is a list of books and resources available here for those that need to make a plan on how to get money so they can grow their business.
Finding the funds one needs, if totally committed to their business, is not that difficult. Most investors respond to those that can quickly respond to questions about their balance sheet, and the other factor that is huge on the part of those wanting to support startups is passion. They look for passionate people, with a good understanding of business. Those 2 factors will get most every startup the funds they need.