There are many organizations other than seeking private investors
to fund your start up. I am going to talk about a few different organizations
and what they can do for you and your business. Federal funding is available in
the form of grants or loans through the U.S. economic development
administration. Two key components that drive this foundation are innovation
and regional collaboration. This organization has seven different programs
available. Organizations such as the community development venture capitalalliance offers consulting services to strengthen and support businesses. This
organization is involved in start-ups, performance and operations, government
programs and fund, as well as specialized training. The association for enterprise opportunity is in business to
help small business develop and expand by being more effective and efficient.
They provide training, capital, and related services to help you succeed. You
can also get connected to a mentor through the AEO website. National CommunityInvestment Fund has information of new opportunities for needing investments,
metrics, development, industry data, new connections, and much more. They are the largest investor in
mission-oriented banking industry. They tend to drive economic development in low-income
communities.
Some requirements and qualifications that you must obtain
are organizational leadership, having strong financial and social returns, or
providing liquidity to equity. Sometimes companies are qualified for special
tax credits. Extra consideration is given to those companies in distress with
limited or poor credit history. It is important that these organizations have a
vast network of professionals on all areas. By providing factsheets, statics,
and reports allow those seeking investments to find data that will help in the
success of their business. You can also find information in news reports or
events that the organization allows members to attend. Most sites also provide
videos of information and interviews that provide first hand experiences.
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