• Angel Investors - high net worth individuals invest in businesses on a
private basis
Public funding schemes
All over the world different governments like to support entrepreneurs one
way or the other. They can in their effort to promote entrepreneurship set
up financing schemes. The schemes can promote rural development, high
tech industry, biotech, the service sector or something different. Contact
your national, provincial or local government. They should know if there
are any public funding schemes in your area.
Suppliers giving credits
Maybe you are in a position where you can press your suppliers to give you
3 -5 months credit? If you are they could help you finance your start.
Say you know a sports shoe manufacture. He 'lend' you 500 pair shoe for 4
month. You sell them all. You pay your supplier the money you owe him
and you keep the profit.
All kinds of credit will help you get started.
Good luck with your new business.
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