Cowichan Tech Workshop 2: Funding Sources for Tech & Innovation Startups & Businesses- Bootstrap, Debt, Equity, Crowdfunding or Revenue Finance ~ it’s all about Fit!
It takes dedicated effort to secure project funding; you must be clear on your project stage, business type, industry and proposed use of funds. Are you “ready” to raise debt or equity financing, dealing with lenders or investors? Are you prepared for the due-diligence process; do you have your ducks in a row? Have you considered strategic partnering or joint-venture opportunities? Learn the basics of valuation and capitalization and how to access available Government programs and venture investment options.
By the end of this session you will be able to:
~Determine what financial/funding instruments fit your business stage and industry
~Explain the differences between debt and equity, what’s required to qualify for debt financing and what are the expectations of investors when placing equity investments.
~Identify if you have a consumer product that could conceivably get traction/sales on a crowdfunding platform. If you do: this is now a precursor to many Angel/VC investments.
~Differentiate between different financing models for start-ups vs a going concern business: revenue financing “factoring” and debt vs. equity financing
~Describe the trends that are showing up in a COVID “recovery” economy