Get subscribed to our newsletter
Get interesting updates to your email inbox.
By- Georgina Florence
Have you ever thought about how to raise money for your business?
If so, it’s likely that you have thought about applying for a loan from the bank. However, there are other options available to businesses looking for growth funding. In fact, there are many ways through which you can get the money for your start-up or existing business that will support its growth.
Of course, some types of funding require long and hard work, but others offer very attractive returns that can be achieved rather quickly. Here we explore some of these different options and what they mean in practice:
Government grants for small businesses are a great way to help entrepreneurs grow their businesses by providing them with the necessary funds to start or expand a business.
There are certain requirements that need to be met in order to qualify for these grants. First of all, small businesses must be registered, and they must have been operating for at least two years. Small businesses also need to meet the qualifications of the grant program they want and submit an application for it.
There are many benefits of these grants and loans, such as increasing the competitiveness and sustainability of small businesses. Grants can also contribute to reducing inequality by creating entrepreneur opportunities that might not exist otherwise and can be counted as non dilutive.
Angel investors are those who provide growth funding for companies as well as mentorship as needed for these companies. They are people who invest their own money in startups and small businesses. These people are willing to take risks with their money and look for a high return rate.
If your company can provide a high rate of return (usually 30% or higher), an angel investor may be interested in investing. What you need to realize is that getting the attention of an angel investor is not easy, but it’s not impossible either. Many people have successfully raised money from angel investors, and you can be one of them!
Crowdfunding platforms have helped countless businesses and startups get off the ground. Unsplash
Crowdfunding is "collecting money from a large number of people via the internet to finance a project or venture." Crowdfunding platforms are the platform that allows the developer to raise funds and ideas from anyone around the world. Crowdfunding has proven to be an effective way to raise money for businesses and startups. It's a great way to validate your product and see if there is enough interest in it.
Crowdfunding platforms such as Kickstarter and Indiegogo have helped countless businesses and startups get off the ground. They have also become an essential source of income for artists, authors, filmmakers, game developers, musicians, and others. The greatest benefit for businesses by far is validation. A successful crowdfunding campaign can show that people are genuinely interested in your products or services. Besides, it can also bring in a lot of funding for your existing business!
There are different ways to fund a business, including loans, angel investors, and crowdfunding. But a growing trend in business funding is the incubator and accelerator model. This model is designed to help startups grow and obtain funding through a variety of methods.
An incubator can be defined as a company that provides seed money or other support for new companies in exchange for a small stake in their equity. An accelerator is like an incubator with more emphasis on mentorship and less on funding. Accelerators focus on providing startups with the tools and training they need to succeed without necessarily taking equity in the company.
Moreover, incubators and accelerators support a new business by providing them low cost or free office space, access to mentors and other entrepreneurs, education programs, as well as seed funding.
Venture capital is one of the most important industries in the world. It's one of the basic pillars of our capitalist society because it's the thing that allows capitalism to work as we know it today. Venture capital is a multi-billion dollar industry where companies, organizations, and governments come together to invest in new ideas and startups.
The venture capital industry supports innovation by giving money to risky, high-risk projects that other investors don't want to touch. Without this industry, we're not sure how innovation would take place in the world today.
There are many peer-to-peer lending.Unsplash
Peer-to-peer lending is the process of making loans from individuals to other individuals. There are many peer-to-peer lending networks that provide financing to small businesses and startups. Funding Circle, a leading U.K. peer-to-peer lender, has made more than $1 billion in loans to small and medium businesses. Lending Club is a U.S.-based peer-to-peer lending platform that offers personal and business loans. You can borrow up to $35,000 for personal needs or fund your business. They don't charge any fees or commissions, and they allow investors to choose the types of loans they want to fund.
The funding is more available but more difficult to get.Unsplash
Seed funding is a combination of financial capital and expertise provided by an investor or group of investors to a startup company or entrepreneur. The goal of seed funding is to help the entrepreneur develop a minimal viable product and bring it to market. Seed funding is most often used for businesses that have been in business for less than three years, with annual revenues under $1 million.
But now, the situation has changed. The funding is more available but more difficult to get. The main reason for this is that more and more startups are being funded. As the number of startups gets bigger, the competition to get funded also becomes tougher. A startup needs to be very aggressive in terms of raising funds and should not relax while applying, applying, applying, and again applying.
There are a number of business funding opportunities that many businesses don’t know about. Getting the right amount of funding to start or grow your company can be quite a task, but it doesn't have to be if you know where to look.
(Disclaimer: This is a sponsored article and includes some commercial links.)
South Korea remained the No. 2 supplier of popular content to Netflix in the fourth quarter of last year, US online media have reported. According to What's On Netflix, a private online site that provides information on Netflix content, on Wednesday (US time), South Korean-made shows accounted for 11.8 per cent of the top 10 films and TV series in the final three months of 2021.
ALSO READ: Lessons Learnt From Squid Game
Korean content thus ranked No. 2 for the second consecutive quarter after the United States, which accounted for 59 per cent, reports Yonhap News Agency. The figures are based on data by the streaming analytics firm FlixPatrol, it added. It marked a sharp increase from its share of 5.4 per cent for the third quarter, thanks to the breakout hit 'Squid Game', released on September 17, and other hit series.
South Korean-made shows accounted for 11.8 per cent of the top 10 films and TV series in the final three months of 2021. | Unsplash
"The fourth quarter of 2021 is likely to be an outlier with the arrival of 'Squid Game', but Korean content has been on a slow march up the charts regardless of 'Squid Game'," the report said. 'Squid Game' became the most successful Netflix show in history, with its total viewership reaching a record 1.65 billion hours in the first four weeks of its release.
Two subsequent series, the fantasy horror 'Hellbound' and the sci-fi thriller 'The Silent Sea', also topped Netflix's official weekly viewership chart for non-English TV shows. (IANS/ MBI)
(Keywords: squid game, netflix, series, US, Korea, quarter, content, history viewership, hellbound, the silent sea, chart)
There has been a significant growth in adoption as well as deepening of digital payments across the country, showed the Reserve Bank of India - Digital Payments Index (RBI-DPI) on Wednesday. Accordingly, the index reading for September 2021 rose to 304.06 (index value) from 270.59 in March 2021. "The RBI-DPI Index continues to demonstrate significant growth in adoption and deepening of digital payments across the country," the RBI said in a statement.
Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. This improved to 207.84 in March 2020, 217.74 in September 2020 and further increased to 270.59 in March 2021. Earlier, the RBI had announced construction of the composite index with March 2018 as a base to capture the extent of digitisation of payments across the country.
Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. | Wikimedia Commons
The RBI-DPI comprises of five broad parameters that enable measurement of deepening and penetration of digital payments in the country over different time periods.Notably, these parameters are 'payment enablers', 'payment infrastructure -- demand side factors', 'payment infrastructure -- suppy side factors', 'payment performance' and 'consumer centricity'.Each of these parameters have sub-parameters which, in turn, consist of various measurable indicators. (IANS/ MBI)
(Keywords: adoption, payment, reserve bank of india, infrastructure, growth, march, index, digital, country, parameters)
After an embarrassingly slow start to the crypto new year, the tides of the crypto machine are starting to change and with it, the investors of Avalanche and HUH Token have received some rather spectacular rewards.
The cryptocurrency market this week saw value increases of over 20% and that’s enough to signal to any crypto investor that things are going better in the crypto sphere than last weeks value increase percentages, which, for the most part, were on a downtrend.
But with the spirits of the cryptocurrency community well and truly perked up, it’s no wonder that hungry crypto investors like yourself are looking for the next bonus round of value increases.
What’s So Special About Avalanche?
You might be wondering how two altcoins, like Avalanche and HUH Token, have popped up on your deep search of the crypto sphere and it’s for good reason … these two cryptocurrencies saw an exponential increase in value this week and with it, have driven the crypto community crazy with investment potential.
It seems like the crypto bug has been biting and the crypto sphere is regaining its pre-New Year vigour.
Avalanche the low-cost, eco-friendly programmable smart contracts platform saw an astonishing 3,042% from that point and investors are rejoicing at their before-the-curve investment in an altcoin.
Though if the numbers and investment trends of 2021 are anything to go off, altcoins like Avalanche and HUH Token are becoming the prefered crypto choice for whale investors.
HUH Token are making steps in this direction with their play-to-earn game launching in February.Dailyhodi
Not many currencies saw such a drastic increase of value like Avalanche, and aside from its forward-thinking, inclusive crypto technology, this is one of the abilities that make Avalanche special.
Its continuing growth potential.
Never Heard Of HUH Token, HUH?
Now, this might not be true for the seasoned crypto lover reading this article, however for those of you who are new to the crypto sphere, HUH Token is the altcoin trailblazer that launched a little over a month ago.
Also Read: Will SafeMoon Be Eclipsed By HUH Token?
HUH Token saw an incredible increase and is set to see more value rises over the next month with its 500 wide influencer launch, play-to-earn launch and dropping their presale holders NFTs on the 31st of January.
It’s events like these that often cause value spikes in altcoins and for that reason, HUH holders are more than thrilled with Utimeme.
HUH Token is the blend of blockchain technology and holder-centric values that most investors crave because it allows them to have greater input over what happens to their well-earned money.
Like Avalanche, HUH Token is a currency that wants to bring a new kind of crypto investor to the market, and that’s one from any kind of financial background… HUH Token are making steps in this direction with their play-to-earn game launching in February.
These are some of the reasons that a bonus round for those who missed out on the crypto windfall of January 1st investors, could be around the corner.
Remember, it’s always best to do your research into crypto before investing and you can begin your search by visiting the links below or going to Avalanche and HUH Token websites.
Disclaimer: (This article is sponsored and includes some commercial links)