fundraising

Startup Fundraising Phases Explained

Startup Fundraising Phases Explained

fundraising, innovation startups
Fundraising is an important part of many businesses. If you don’t have the money to bankroll your new venture, you need investors. Finding investors and funding for your business or idea takes time and works in phases. You can align these phases with the stages of your business’ development. Meet Innov has attended many workshops on fundraising and we also know quite a few successful businesses that started out with fundraising. What do investors want to know? What your company does or what the idea is that you want to develop. What problem will be solved or what need will be fulfilled with the product or service. The type of technology involved. Market research and market opportunity. Explanation of why consumers will buy and enjoy the product or service. The Phases o
Tips for Approaching Investors for a Startup Funds or Innovative Ideas

Tips for Approaching Investors for a Startup Funds or Innovative Ideas

fundraising, investors, LExperience
Approaching investors is a sensitive business and you want to make sure that you do it right. Meet Innov would like to help you avoid the mistakes most entrepreneurs make when approaching investors. We would also like to give you some tips for preparing yourself properly. Starting a new business or implementing innovative ideas is a great adventure, but most people need some financial help from investors. When you are preparing to approach investors, keep these in mind. Have a clean credit record – If you don’t already have a business or your new business is not yet up and running, investors will look at your personal credit record. So, make sure that you have a good credit score and that any problems or mistakes are sorted out before you approach investors. Most investors have sp