Money is available if you know where to find it, and you know how to pitch for it. Some people are good at looking for it, and getting it, and some people are not.
I am someone who is not particularly good at it when it comes to my own business. I like to just get stuck in and make stuff, without having the please the people with the purse strings.
Perhaps if someone had sat me down and said, you know you can get funding for this, and it’s not that hard, and you won’t have to compromise on your values, as there are lots of options, things would have been a little easier.
So that’s what I’m doing for you. Letting you know that there are options available, and it might be worth spending a bit of time to come up for breath to try to get some money in the bank. And the process of doing this might actually provide some value beyond just money. It will force you to stop spinning the wheel and have a think about the direction you are heading in, and how to get there more strategically.
To make it a little bit easier for you, we’ve put together a list of grants and support that’s available to NZ Startups and businesses.
Other Blogs on Finance
Convertible notes are becoming increasingly common as an instrument for startups to raise their first round of investment. The primary advantage of a convertible note over equity financing is that it doesn’t require the company to be valued at the time of issue, avoiding what can be a long and expensive process. Find out how […]
You don’t have to raise money to build a successful business. There are plenty of examples of big companies who haven’t, Hotjar being one of my favourites. But capital does help. So does having the backing of intelligent people who can give you good advice when it’s needed, and keep you accountable to achieve what […]
Crowdfunding is a very viable fund-raising alternative for startups, and recently we helped PledgeMe come up with their brand new Crowdfunding Canvas.
A couple of weeks ago our founder Natalie was invited to talk at The Fantail Network’s Mindmatter Symposium life hack sessions about the mindset behind starting a business. Following on from this event, Idealog asked me a few questions around raising investment as a female founder – a hot topic at the moment.