We all know that raising capital to finance a business is one of the most difficult tasks ever when it comes to running a business.
It’s not just as easy as some people might think, especially for young entrepreneurs who are just trying to find their feet in entrepreneurship.
No doubt about it, entrepreneurship is an exciting adventure but one has to face with so many challenges before making it. Obviously, it’s not a journey for everyone; it’s a journey for the very few who can withstand the challenges that come with entrepreneurship.
Alternative crowdfunding platforms
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We all know that raising capital to finance a new startup is not as easy as eating cake. This is especially difficult to do if you are new to entrepreneurship and just starting to find your feet.
If you are planning to get people to invest in your idea, you will need to be able to convince them that your idea is worthy of their investments.
But if you know what you are doing and have a strong belief in it, it wouldn’t be that difficult to find people or angel investors to invest in you and your idea.
Below are powerful alternative crowdfunding platforms for young entrepreneurs to raise capital to finance a startup:
#1]. AngelList
This is an investor matchmaking platform that has had made itself indispensable to early-stage startups for fundraising and recruiting. It raised $163 million on behalf of 441 companies in 2015.
#2]. EquityNet
EquityNet is a recognized pioneer of crowdfunding and has operated one of the largest business crowdfunding platforms since 2005. Hundreds of millions in business funding has been raised, including equity, debt, and royalty capital.
#3]. MicroVentures
It offers access to highly curated early-stage and late-stage investment opportunities. It conduct detailed due diligence to allow investors to invest in startups with confidence.
#4]. CircleUp
The platform helps investors to invest in innovative consumer companies. It claimed to have helped 191 companies raise over $255M in growth capital. It’s a good place for young entrepreneurs looking to raise capital to finance their startups.
#5]. Rocket Hub
It’s a personal crowdfunding site that lets you keep everything you raise, so even if you do not reach your goal, you are still that much closer.
#6]. Fundable
Fundable backers earn rewards such as product pre-orders, gifts, or incentives by the companies’ founders in exchange for pledging capital. For larger investments, startups may also offer equity in their companies.
#7]. Crowdfunder
This crowdfunding platform is one of the leaders in equity crowdfunding for both entrepreneurs and investors. Investors can easily gain access to trending equity crowdfunding deals while entrepreneurs can easily start their crowdfunding campaign.
Adeyem: I will check out the list. I couldn’t classify myself as a young entrepreneurs at this stage of my life, but I can relate to the “youngsters” out there! 😉
Have you heard about Funded by Me?
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