Difference between revisions of "Introduction to entrepreneurship/IENT103/Financing/Tasks"
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# Create a list of 10 funders you feel would be likely to provide funding for your start-up venture. | # Create a list of 10 funders you feel would be likely to provide funding for your start-up venture. | ||
# Prioritise the list, giving reasons why each funder is a good fit. | # Prioritise the list, giving reasons why each funder is a good fit. | ||
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| + | {{Note|SW - a couple of suggestions: | ||
| + | * I think we need to distinguish more clearly between generic funding types and specific funders - 'potential funding sources' is a bit ambiguous. So, we could clarify what the resource bank activity is covering (see notes on that page) and we could add another step before creating the list of funders: 'identify the types of funding (e.g. bank loan, crowd-sourcing, venture capital etc.) that are most appropriate for your business and briefly state your reasons.' | ||
| + | * Should we go for depth rather than width? Ask them for 5 potential funders, with 75-100 words to explain why it is a good fit? In some countries/circumstances, it might be hard to find as many as 10, and it is probably better to get them to think more deeply about what is important to look for in a funder.}} | ||
Revision as of 20:45, 17 January 2019
- Review the financial statements you prepared for the previous learning challenge
- Identify the purpose(s) you will need funding for.
- Search the web and use the Resource Bank to identify potential funding sources.
- Create a list of 10 funders you feel would be likely to provide funding for your start-up venture.
- Prioritise the list, giving reasons why each funder is a good fit.
(
: SW - a couple of suggestions:
- I think we need to distinguish more clearly between generic funding types and specific funders - 'potential funding sources' is a bit ambiguous. So, we could clarify what the resource bank activity is covering (see notes on that page) and we could add another step before creating the list of funders: 'identify the types of funding (e.g. bank loan, crowd-sourcing, venture capital etc.) that are most appropriate for your business and briefly state your reasons.'
- Should we go for depth rather than width? Ask them for 5 potential funders, with 75-100 words to explain why it is a good fit? In some countries/circumstances, it might be hard to find as many as 10, and it is probably better to get them to think more deeply about what is important to look for in a funder.)
