On Monday, SEE’s “Funding Your Venture” Learning Workshop came with amazing financial investing tips courtesy of SEE’s Lead Venture Coach Richard Tuck & co-presenter Noah Wilson from Futurpreneur 🚀 Richard & Noah covered the various pros & cons of the different financing and funding options that entrepreneurs must consider when starting, growing and/or scaling their businesses, including: 💡 Bootstrapping and using internal revenues and supplier options to sustain cash flow with credit approval in mind 💡Debt financing programs and their qualifications for entrepreneurs or enterprises and what that means if you have consistent versus cyclical revenue 💡 The different stages of equity financing, from pre-seed angel investments to Series D VC investment, as well as why convertible debt is terrible option for the venture versus SAFEs 💡Effective use of other forms of funding like friends & family, different types of crowdfunding - Goparity Canada is now available in Manitoba - and RevShares and SEALs 💡 Financial requirements required for investment due diligence (a key topic SEE will be covering in our upcoming January workshop ☺️) Additional thanks to Noah for providing our attendees with an overview of Futurpreneur Start Up & Side Hustle Programs for diverse & Indigenous entrepreneurs seeking affordable financing, mentorship, and low interest rates 😀 For more information, visit: https://lnkd.in/gtxSYyUp SEE values your input to ensure we continue hosting informed & tailored workshops based on interests from Manitoba's entrepreneurs and social enterprises – want to attend more SEE workshops on financial investment? Let us know what you think in the comment section below ⬇️
Informative session!
Senior Account Manager @ BDC
5dGreat topics! Did you know that BDC can tailor your payment plan to match your company's cyclical revenue?