🚀 6 Funding Resources Founders Should Consider for 2025 🚀 🙌 Reminder: not every company should consider giving up equity to investors to grow - you have options! Here are 6 key funding resources to think about for the upcoming year: 1️⃣ Corporate Grants: corporate orgs get tax incentives to give grants to for-profits (and non-profits) - this non-dilutive $ does NOT have to be paid back or require an exchange of equity 🥳 2️⃣ Equity-free accelerators: not all accelerators are created equal, so if you’re not ready to give up equity, consider programs like MassChallenge, who also give grants post-program 3️⃣ Crowdfunding: you don’t have to give up equity for groups like Kickstarter, or if you want to offer the opportunity for fans to write smaller checks into the company - dilutive crowdfunding like WeFunder is also 👉($ doesn’t just flow for these campaigns - you have to be willing to market to make these work 4️⃣ Individual Angels: should be a strategic check - comes from a single accredited investor 5️⃣ Angel groups or “syndicates”: groups of individual angels who run due diligence together & collectively invest via a single extensive check through an SPV 6️⃣ Venture Capital: actually, the least common option - only 1% of small businesses raise from VCs & they have much more aggressive growth targets 💡 BONUS: Explore multiple sources of funding to align with your goals, AND don’t forget that debt is cheaper than equity if you can talk to your bank or financiers to explore your options 🙌
What are some alternative funding options for startups besides giving up equity? How can founders strategically choose the right source?
It's essential for founders to explore diverse funding options beyond giving up equity, especially as they navigate the challenging early stages of building their businesses. Kat Weaver
Gotta remember, not all money is created equal, so choose your funding sources wisely Kat Weaver
Founder | Fractional Controller & Consultant | Entreprenista | Latina
15hWho are grants best suited for?