Smart Fundraising: How can we bridge the funding gap for unrepresented founder 💰 Underrepresented founders face significant barriers in accessing the funding needed to succeed. This session explores innovative strategies to close the funding gap, with a focus on fostering inclusivity and equity within the startup ecosystem. We’ll start by addressing the funding disparity through real-world examples and statistics, followed by a panel of successful underrepresented founders who will share their stories and creative fundraising strategies. Participants will then divide into three focus groups: 💰 Fund – Exploring alternative funding methods like crowdfunding, grants, and impact investing. 🌐 Connect – Building inclusive networks that connect founders with investors and mentors. 📢 Advocate – Identifying ways to promote systemic changes that enhance equity in funding for all entrepreneurs. Facilitator: Emma Rees (Deployed) Speakers: Emma Rees, Rosie Turner (InChorus) and Moojan Asghari (Thousand Faces) Session Partner: The London School of Economics and Political Science (LSE) ℹ️ Join us on 13 November at Casa do Impacto #startupguidesummit #startupeverywhere #lisbonevent #urbanimpact #entrepreneurship
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𝙀𝙈𝙋𝙊𝙒𝙀𝙍𝙄𝙉𝙂 𝙒𝙊𝙈𝙀𝙉 𝙄𝙉 𝘽𝙐𝙎𝙄𝙉𝙀𝙎𝙎! Female entrepreneurs face significant funding challenges, but various resources are emerging to support them. These include grants, venture capital funds, angel investors, accelerators, incubators, crowdfunding platforms, and government/corporate initiatives. Some notable funding opportunities include the Amber Grant, Eileen Fisher Women-Owned Business Grant, Cartier Women's Initiative Awards, and Golden Seeds. Explore these funding opportunities: 𝙂𝙧𝙖𝙣𝙩𝙨: Amber Grant, Eileen Fisher Women-Owned Business Grant. 𝙑𝙚𝙣𝙩𝙪𝙧𝙚 𝘾𝙖𝙥𝙞𝙩𝙖𝙡: Golden Seeds, Female Founders Fund. 𝘼𝙘𝙘𝙚𝙡𝙚𝙧𝙖𝙩𝙤𝙧𝙨: Female Founders Alliance, Springboard Enterprises Crowdfunding: IFundWomen, Kickstarter. 𝙂𝙤𝙫𝙚𝙧𝙣𝙢𝙚𝙣𝙩/𝘾𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙚 𝙄𝙣𝙞𝙩𝙞𝙖𝙩𝙞𝙫𝙚𝙨: SBA, Visa's "She's Next" Network, seek mentorship, and persist! Turn your business idea into reality. 𝙍𝙚𝙖𝙙 𝙈𝙤𝙧𝙚: https://shorturl.at/tAQRp #WomenInBusiness #FundingOpportunities #EmpowermentThroughEntrepreneurship #Adesuwa
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We need entrepreneurs of color to drive innovation, foster economic empowerment, and build a more equitable and inclusive society. Here are some key ways to guide these individuals toward success: 1. Help them explore alternative funding options like grants, crowdfunding, and angel investor networks. 2. Connect them with experienced mentors and diverse business communities. 3. Provide tailored workshops on essential business skills. 4. Create co-working spaces and programs to support their ventures. #Entrepreneurs #Inclusion #Success
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Bootstrapping, otherwise known as "organic growth strategy" is when a business raises funds solely by generating revenue and then uses that revenue to grow the business. 🤑 Raise your hand if you're bootstrapping -- of if you've bootstrapped in the past. 🖐 🖐 🖐 Everyone? We thought so! In yesterday's Breakthrough Labs' Masterclass, award-winning start-up advisor Lee Lam told our founders about strategies behind raising money and planning cash flow if you're not fundraising through investment, loans, grants, etc. This was an incredibly useful session, packed with practical tips and tried and tested strategies. If you're a member of Breakthrough Labs and you missed it, don't be sad - the recording is already posted in the learning area of the community. 😃 If you're a #femalefounder and you'd like to benefit from this kind of learning in the future - join us! ✔ Membership is only £15/month (10% less if you join yearly) and we have multiple sessions like this every month, plus lots of other benefits for women entrepreneurs. 👍 Link to join is in the comments. We can't wait to see you in our community! #womenempoweringwomen #bootstrapping #startups
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In the mid-1950s, entrepreneurs with robust banking relationships often successfully raised a lot of money for their projects. This trend shifted in the late 1990s with the rise of venture capital, which became a key funding source. In the current market, we have a new trend toward the attention economy. Building a strong and supportive community around your project and integrating tokenized shares can create a new and efficient way of raising money for new projects. This way, you can convert supporters into investors, tapping into a diverse and widespread investor base. This strategy broadens funding opportunities and fosters a more engaged and invested community. #tokenization #entrepreneurship
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While DEI programs are being attacked here, maybe we should look to our friends across the pond to dig in and be stealth. Diversity focused venture capital investor Impact X Founding Partner states “until underrepresented entrepreneurs reach economic parity….this work will continue to be very important” #diversityequityandinclusion #socialimpact #impactfund #philanthropy #nonprofit #reuters #funding #grants #entrepreneurs
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In the mid-1950s, entrepreneurs with robust banking relationships often successfully raised a lot of money for their dream projects. This trend shifted in the late 1990s with the rise of venture capital, which became a key funding source. Now in, in the current market, we have a new trend toward the attention economy. By building a strong and supportive community around your project and integrating tokenized shares can create a new and efficient way of raising money for new projects. This way you can convert supporters into investors, tapping into a diverse and widespread investor base. This strategy broadens funding opportunities and fosters a more engaged and invested community, #tokenization #entrepreneurship
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It may look like an Angel and talk like an Angel, but … Where VCs get a lot of publicity, by comparison very little media attention is given to angel investors. Angels are typically high net worth individuals. They tend to invest alone or in small groups. Angel investors are not always easy to identify. They rarely hold public facing events, conferences or pitch contests. Some entrepreneurs report that they found their angel using cold e-mails. Others found their angel through a warm introduction. There are a few online platforms that promise to connect businesses with angel investors. These platforms tend to be passive and don’t actively make meaningful connections. Some angels only invest in companies in one market sector, such as healthcare, where they have some expertise. Some perform substantial due diligence. Others rely on sizing up the entrepreneur, face to face. Some angels focus their capital only in businesses run by women or minorities. Others focus on businesses in specific ethnic communities. Some angel groups come together because they are alumni of a particular university, hoping to help other alumni. Other angel groups are focused on businesses in particular cities or regions. So angels often consider non-financial criteria when making their investments. They are not always concerned with finding companies with the best chance of success. It is very difficult to get any good statistics about angel investors, as many if not most, of these transactions are not recorded anywhere. That makes it difficult for any entrepreneur to separate the serious investors from the time wasters. Another reason why an active crowdfunding campaign is always a better option. #equitycrowdfunding #angelinvesting #fundraising
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THE RESULTS ARE OUT - 2 weeks ago, we asked whether startup entrepreneurs (or investors) would prefer to raise startup capital from (or fund) someone they know personally, professionally, or both. 🎯Here’s the results: 👉 58% of investors prefer to fund founders they know both professionally and personally. 👉 69% of entrepreneurs raise funds solely from their professional connections. A minority raised funds by leveraging both their personal and professional relationships. ✅ How Angel Investors Can Invest More Effectively: Especially for new angel investors who aspire to be more active and prominent, actively involving yourself in the business and helping founders with their challenges can make a significant difference and attract new founders. ✅ How Founders Can Raise More Effectively from Angels: Founders should be proactive in building interpersonal trust and providing a more holistic picture of their personal and social profiles to establish greater confidence with individual investors, going beyond showcasing professional credibility and aptitude. _________ Survey: How much equity would you allocate to your advisors, angel investors, co-founders, early/strategic employees, and early-stage VC? 🤔 Have you ever wondered what the optimal equity allocation is? 📩 Share your thoughts here, and come back here for the collected responses in two weeks: https://shorturl.at/iN36N _________ 👉Wanna be part of the #DefinitiveGUIDE community? Join us now: https://shorturl.at/g67gq #GUIDE #VentureCapital #Fundraising #Startup #EntrepreneurshipEducation #VentureEducation Neil Cheong Alvin Chin
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It's almost like they read my mind 🤯 I've been feeling frustrated for a while now that ecosystem in Scotland for alternative finance and governance models needs more of a spotlight, and that startups who are disconnected from the main support organisations need visibility of alternative routes to growing, whether that be under-represented founders who statistically don't get a fair chance at funding, or just founders who don't feel comfortable growing in a traditional VC backed way 😧 Daisy Ford-Downes and Esme Verity have just launched the Considered Directory, a map of funding options for impact-focused businesses in Scotland. And Im happy to have played a small part in providing feedback when it was in draft mode😍 If you're a Scotland-based founder searching for funding alternatives and would like all of your options on a plate, then you need to check it out. The Considered Directory includes: --> Support Services --> Grants --> Challenges and Competitions --> Accelerators & Programmes --> Social Investment --> Impact Equity Investors --> Impact Loans Click below to access the new and exclusive funding directory, and once you've signed up, it'll land straight in your inbox for FREE! https://lnkd.in/eYZgqxSA (It won't be free forever, so best to grab your copy now!) #alternativefinance #funding #startup #scotland #needed
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Great news for our entrepreneurial community! We've recently updated our exclusive investor list with fresh entries to supercharge your startup's journey. If you thought our previous list was invaluable, wait until you see what we've added now. With this updated list, you have even more opportunities to connect with potential investors who are eager to invest in groundbreaking ideas like yours. And if you're not yet a member, what are you waiting for? Sign up today for free and gain immediate access to our constantly evolving resource of potential investors. This updated list is just one of the many tools we provide to support your startup's growth and success. Don't let this opportunity pass you by. Join our community, access the updated investor list, and start making those crucial connections today. Your next big investor could be just one click away. #StartupNetworks #Fundraising #NewOpportunities #UpdatedInvestorList #StartupGrowth
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