I already have a solid business plan created. How can I secure funding for the project now?
We want to start a mushroom farming, bee farming, and tilapia fish farming project in our area. This project will benefit the youth by creating employment and ensuring a safe source of income, keeping them off the streets and therefore curbing crime and poverty.
Before looking for investors, who are likely going to take an ownership in the company, be sure to consider other options such as crowdfunding, bank loans, credit cards, or even using your own personal money. Depending on how much funding you need, it's best to go with one of these options over giving away a percentage of your company before you even get started.
There are many alternative ways to fund a new business - you no longer need to rely on bank loans which can be hard to get.
Peer to Peer Funding
Charities and Foundations that support local communities
See more at https://www.storeboard.com/blogs/business/starting-up-your-first-small-business/752387
Are you planning to form a non-profit a B Corp, an L3C corp, or a for-profit with a purpose?
Are you going to ride all three horses at the same time?
What does your business plan say about funding?
What is your relevant business background in these business segments?
As others have advised, seeking outside investment and giving up part ownership of your business is not your only option. However, if you do decide that an angel investor is the right financing option for you, this Business.com Guide to Attracting Angel Investors can help you prepare. In addition to having a solid business plan, there are other areas to consider like scalability, a strong team of founders, and more. This guide can serve as a checklist as you prepare to network and meet the right investors for your business. Good luck!
Are you in the UK? If so, I can point you in the direction of low cost government loans. Let me know if this is of any interest you? Good luck - sounds like a fascinating venture. All the best. Tony