clubentrepreneur

 

Funding Resources

Page history last edited by Marc Dangeard 2 yrs ago
  • Always consider getting cash from customers first (as in getting revenue going)
  • Then partners, distributors (financing from operations)
  • Then banks, for example SBA loans or other type of debt financing
  • Only then look at investors:
    • Angel Capital Association
    • Info on VCs and the deals they make - always useful to do your due diligence before wasting your time and theirs talking about your business
    • Toronto Stock Exchange program for start-ups or small/medium businesses: the TSX (toronto stock exchange) Capital Pool Company program, which provides a way for start-ups or small businesses to do private capital offering. From what I understand the program will help match investors who create a Capital Pool Company with start-ups or small businesses that are in a field they are interested in. Once there is a match identified, they do a "Qualified Transaction" to create a new company that can then be listed on the TSX Venture Exchange. The interesting part for entrepreneurs is that it provides a market where they can sell their shares later on, so a nice way to cash out on some of the stock when needed. Something worth looking into, more info at www.tsxventure.com

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