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Funding/Support (Funding Sources (Personal funds (Family and friends),…
Funding/Support
Funding Sources
Personal funds
Family and friends
Equity capital
Investors
Creative sources
Debt financing
Bank loans
Equity funding
IPO
First sale of stock
Venture capital
Money pooled together by a number of sources
Individuals
Pension plans
Foreign investors
Business angel
Invests personal capital
Usually between 50k and 250k
Needs For Funding
Cash flow challenges
Inventory purchase
Employee wages
Training
Advertising
Capital investment
Real estate
Equipment
Building facilities
Elevator speech
Statement outlining business opportunity
Under 2 minutes
Enterprise Ireland
Businesses with >10 employees
Advice/support in 3 main areas
Tech innovation
Business development
Internationalisation
Local Enterprise Office
Businesses with <10 employees
Provides advice and training
Provide financial support in the form of grants