As an entrepreneur, there is an undying enthusiasm to build startups that will solve problems in the society. One of the biggest setback to the realisation of this vision is the unavailability of funds.

As a matter of fact, fund raising is predominantly the chief worry of startups. Founders often spend more time sourcing for seed rounds than they spend on other issues that partains to their startups.

These are proven sources of funds for your startup.

1. Non-Dilutive Capital

Non-dilutive capital refers to funds that don’t require the sales of your startup’s shares or dilution of the shares of existing shareholders. The best source of this kind of funds are entrepreneurship foundations that are existent in most countries.

There are lots of non-profit organizations that give free grants ranging from $5,000 to infinity. Accessing such grants means you need to be aware of their existence and you need to produce documented proofs of the viability of your startup’s idea.

2. Angel Investor

An angel investor is a successful entrepreneur who has made so much money that he can afford to diversify by investing in new startups. They get convertible bond or startup’s equity in exchange for the capital injected into the startup.

Funding from angel investors is pretty easy as long as the startup owner can convince the investor of the viability of the startup. An example is Mark Zuckerberg’s $24million investment in Andela, a startup that is dedicated to the training of young tech savvy entrepreneurs.

3. Hustles

Building a startup is obviously demanding and costs a lot financially and otherwise. It requires a large chunk of time and dedication. You certainly don’t want to go hungry while looking for investors.

A sure way of funding your startup is to get a side job or gig while you nurse and plan towards your vision. You can have a day job, while you dedicate your night to your startup and also push some of your salaries or wages to it.

4. Venture Capital

A venture capitalist takes high risks by injecting seed rounds into startups. A venture capital is seed capital from venture capital firms or funds in exchange for equity in the startup. One must ensure that he has his negotiations right when getting venture capital. You certainly don’t want to erroneously lose a large chunk of your company’s equity, do you?

4. Business Partners

You’ve got the idea, someone else has the cash. Bring him in. Business partners are sure sources of funds. They are not just financiers but also stress-partners, hustle-partners, managemtnt-partners and co-founders. This means you’ve got their backs to lean on when things go south. Utmost care must be taken when choosing partners, because one’s team is crucial to the survival of a startup.

5. Banks

Commercial banks, banks of agriculture, banks of technology and banks of industry, gives out low interest loans to entrepreneurs in dedicated industries. The policy for loan acquisition differs from countries to countries. Most often than not, loans are easily made available to entrepreneurs that are investing in choice sectors that are dear to the heart of the government.

6. Government Entrepreneurship Funds

Apart from banks of industry, the government of most nations have direct influence on the entrepreneurship growth of their citizens. They offer grants and zero-interest loans through various entrepreneurship programs. Most times, these funds are not accessed annually because people are barely aware of them. Make use of Google and you will be glad you did.

Follow this link to see more:
http://notemast.com/10-proven-ways-raise-funds-startup/