innovation startups

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