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.

Answer This Question
Expert Answers
Sort by Date Sort by Votes
2

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.

Check out:

Peer to Peer Funding
Crowd Funding
Angel Investors
Government Grants
Charities and Foundations that support local communities

See more at https://www.storeboard.com/blogs/business/starting-up-your-first-small-business/752387

1

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.

0

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

0

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?

Login to Business.com

Login with Your Account
Forgot Password?
New to Business.com? Join for Free

Join Business.com

Sign Up with Your Social Account
Create an Account
Sign In

Use of this website constitutes acceptance of the Terms of Use, Community Guidelines, and Privacy Policy.

Reset Your Password

Enter your email address and we'll send you an email with a link to reset your password.

Cancel