Finding Funding

Money. Many people would argue it makes the world go ‘round. In a more practical sense, money is essential to entrepreneurship. A lot of great entrepreneurs say that they’re driven more by helping people through their product than they are by money; however, even those entrepreneurs would likely concede that they wouldn’t be able to have as big of an impact as they do without a little bit of capital to help them along the way. For these reasons and more, knowing where funding will come from is a key question that every entrepreneur has to answer.

The Importance of Investment

In 2014, the number of new enterprises joining the United States economy skyrocketed by roughly 11% relative to the previous year. In other words, approximately 569,000 aspiring entrepreneurs had their “ah-ha” business moment in 2014.

While this dramatic increase reveals promising signs for the U.S. economy, it triggers a quintessential problem posed by the scarcity of resources that all of these entrepreneurs will face. Simply put, if there is a fixed quantity of money to be supplied by investors to help grow your business, how can you secure funding with so many new businesses creating more competition?

Event: The Anatomy of the Startup: A Conversation wtih Founders and Funders. (December 11, 6pm-8pm, NYC)

As an exclusive program for Zoomdojo Young Professionals, The Anatomy of the Startup takes us on a deep dive with those who founded and funded startups. Speakers include clients of Lowenstein Sandler and our ZYP member Imri Eisner who have successfully launched startups; Imri and Sam Jacob (bio below) will also share their experiences as legal counsel and…

Event: Nov 19, Louis Berneman, founding partner of Osage University Partners, to discuss VC basics and intellectual property concerns

99% of startups will not get Venture Capital (VC). Is your startup in the 1%? Learn how to increase the probability of your startup getting funded.   Please join CCTEC professionals and Louis Berneman, founding partner of Osage University Partners (OUP), for a discussion on VC basics and intellectual property (IP) concerns. Pizza, salad, and drinks will…