Localfund.com - All about Fund and Investment
*Home>>>Venture Capitalist

I have a big project that I need about $50,000 start up money for. Any ideas, besides loans?


I have thought about applying for a government grant in the sector of economic development, but that takes forever. I have also talked to some business partners about venture capitalists. I just don't like the idea of someone else owning more of the company than I do. Hopefully someone can help me get this off of the ground. Thanks.

Sell some of your other assets, property, cars.

Get a partner that will own 49% of the total project/company just to finance the whole setup.

i call this JV or joint Venture.

>Beware of Advance fee Loan scams.
LOAN SCAM - Do Not Pay UpFront Fees.
Do not send money UpFront via Western Union or MoneyGram to any person or business in the UK, Nigeria or Canada in hopes of getting a loan. If you do you will learn a hard lesson & never see any Loan money.

Why would you think that venture capital would require you to give up control of your company. Do some REAL research with REAL venture capital companies. Sounds like you listened to somebody who has no clue. If your idea has merit and you have a good plan as well as some experience and some of your own cash you might be able to find something. But frankly, don't think 50,000 - better to work on 500,000 or even more.

Kill a relative, get their inheritance.
I'm kidding of course ;)

Hold a fundraiser. You can do things like:

Hamburger supper
Pizza Party
Dinner party
Bake sale

or sell products like they do in school fundraisers. You can get a catalog from www.easy-fundraising-ideas.com. Of course all of these ideas will take time to net $50,000.

Tags
  Venture Investment   Venture Capitalist   Venture Capital   VC Fund   Vanguard Fund   Value Investment
Related information
  • Know of any China experts?

    I'm living in the east coast of China.Do you know Ningbo(as mentioned in 24 hours hehe).In the east China, industry is highly developed.So what's kind of key industry you looking for.

  • Correct wording for Capitalism, Where do you draw the line?

    Why don't you ask Bush and Cheney? They seem to know all about it.

    ...
  • What is the best way to Market a business plan?

    Apply for finance at your local financial institutions, and present your Business Plan. You will quickly find out if there are flaws in your presentation. I hope I understood your question correctl...

  • Who wants to join our research & development team?

    Post a listing on Yahoo jobs to get the best qualified candidates.

    ...
  • I'm not well off. How do I become an entrepreneur?

    Ideally you should look for a gap in the market and try to fill it, no matter how small. I had a friend who wanted to start a shop and he spent a day asking passers by what they thought the street ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster