Finding & Funding Your Business Intro-1"So How do I Find Funding for my business Idea", Takes a direct stab at the most frequently asked question, and seeks to bring it into perspective with teh value and mission of local spaces such as NYukCo. As an Incubator we are charged with supporting local businesses in their growth. Unlike most incubators our focus is tech diversity within the longtail sector. In preparing to tackle funding and financing we partnered with BKlyn Tv and Stratosphere Studios Cafe Lounge to introduce a series of networking sessions that is focused on #Doitwithtech mandate. The format is conversational and designed to meet all existing comfort levels. www.NYukCo.com/findingfundingOver the course of the series and weekly wednesday events we will introduce and cllarify such terms as #assetbasedfinancing, #debitbasedfinancing, #nonequity #Equity #incubator #Accelerator #peer2peer #culturalfunding, #Seed, #Angel, #Seriesa, #Seriesb, #Exitstrategy #privateequity #bitcoin #Consumerexchanges #Coworking #collective #maturity #Businessplan #storiedassets
Posted by I Shop NYukCo on Friday, September 25, 2015
FInding Funding for Your Business Intro Part 2#Funding your business #reality #myths #Accessibility #Diversity in Action We opted for a discussion and Intro format before our October 2015 Launch. We facilitate change through exploration and discussion. These 3 segments are a basic intro to concepts and ideas that will be revisited. To ensure a topic of your interest is included please add your question or opinion in the comment! Please check www.NyukCo.com/findingfunding for access to all 3 parts of this discussion.
Posted by I Shop NYukCo on Friday, September 25, 2015
Choosing to let others into our discussions was a "Natural" progress in our quest to male an Impact on teh local creative industrial scene... iT also gave us an opportunity to start developing our incubator extension format... this into conversation will be followed with more detailed discussions Please check www.NyukCo.com/findingfunding for access to all 3 parts of this discussion as well as resources and notes! "So How do I Find Funding for my business Idea", Takes a direct stab at the most frequently asked question, and seeks to bring it into perspective with the value and mission of local spaces such as NYukCo. As an Incubator we are charged with supporting local businesses in their growth. Unlike most incubators our focus is tech diversity within the longtail sector. In preparing to tackle funding and financing we partnered with BKlyn Tv and Stratosphere Studios Cafe Lounge to introduce a series of networking sessions that is focused on #Doitwithtech mandate. The format is conversational and designed to meet all existing comfort levels.#Funding your business #reality #myths #Accessibility #Diversity in Action We opted for a discussion and Intro format before our October 2015 Launch. We facilitate change through exploration and discussion. These 3 segments are a basic intro to concepts and ideas that will be revisited. To ensure a topic of your interest is included please add your question or opinion in the comment! Part 1 https://www.facebook.com/nyukco/videos/619293621543917/Part 2 on FB https://www.facebook.com/video.php?v=619307578209188
Posted by I Shop NYukCo on Sunday, September 27, 2015
Build to Attract your VIPS
Designing a Startup that will attract investors is half the battle even if you plan to self fund through ideation and iteration, understanding VALUE is important .
Alpha 3 Starts October 3rd, we're selecting creatives in Lifestyle Cottage sector - (Food Fashion, Home Gifts etc) who want to leverage their holiday season to explore their ideas and concepts as a roadmap to designing distribution strategies and Startups that would
- Solve local lifestyle needs
- Be lucrative business models
- Scale well to serve broader makers
- Attract Investors
Our program also facilitates strengthening the supply chain issues that enables these ventures to exist, while allowing for organic growth towards of #lifetyletech #Fashiontech companies. We offer a lot of support and culturally sensitive introduction to #techdiversity through our #Do it with tech sessions
NOTES & RESOURCEs
We'll be adding links awe proceed...
Links On JOBS ACT
- SEC: Startups Can Now Raise $50 Million in 'Mini IPO'
- SEC allows regular Americans to become venture capitalists, no Silicon Valley cred required
- Jumpstart Our Business Startups (JOBS) Act
Friends and Family
- Unofficial Traditional & Cultural Support, Non Equity Funding and Financing within the local sector
- Founder’s Dating - The need to foster parnerships
Seed Capital -
Consider an Accelerator program
Summer Applications are usually in March so be read by late April
Winter Applications are usually in November so be ready by late October
Y Combinator, a seed Capital company is now accepting applications for the Winter 2016 funding cycle. It will take place in Mountain View, CA from Jan–Mar 2016.
- Y Combinator
- Faqs about Y combinator
- Apply - If you want to apply, please submit your application online by 8 pm PT on October 13. Groups that submit early have a significant advantage because we have more time to read their applications. apply.ycombinator.com/
- Peek into The Accelerator process
Other accelerator programs http://accelerat.io/
Based in NYC, ERA gives you a chance to grow your business with the help of Their operating partners and mentors.
Women 2.o HOW TO PITCH WEBINAR
- Women 2.0’s NY PITCH Competition sign up for their mailing list
- SF PITCH is a competition that provides exposure and access to funding (and other necessary resources) to early-stage, female-founded startups.
- The Founder Showcase Pitch Competition - The Founder Showcase is a global seed-stage pitch competition in Silicon Valley, which is attended by over 400 investors, founders, and press.
How do I meet Investors and Angels
Offline the best ways to get introduced to angels and Investors are via events and/or introductions
best bet www.garysguide.com.
Incubators and Accelerators have programs that prep you and then introduces you to Investors
offline. The best ways to find events www.garysguide.com
Equity Based Crowdfunding
Debt Based Funding
www.bolstr.com - is a marketplace lender that connects small and medium businesses with real investors for growth and expansion projects.
https://www.kiva.org/ - loans that change lives
- Foundation Grants to Individuals Online
- Minority Business Development Agency
- HUGGIES MomInspired web site: About the Grant
- Business Owners' Idea Café: Small Business Grant
- U.S Economic Development Office: State links
- Asian Women in Business: Asian Women in Business Scholarship
- American Association of Advertising Agencies Foundation: Bill Berbach Diversity Scholarship
- Association on American Indian Affairs: Undergraduate Scholarships Displaced Homemaker Scholarships
- U.S. Department of Agriculture Rural Development: Small Socially-Disadvantaged Producer Grant (SSDPG)
- 11 Grants for Women-Owned Businesses
Empire State Development Incentives and Programs for Businesses (NY)
check for updates
Grant, Loan and Tax Credit Programs:
Better Buffalo Fund
Build Now-NY/Shovel Ready Program
Commercial District Revolving Loan Trust Fund
Community Development Financial Institution Assistance Program (CDFI)
Craft Beverage Marketing and Promotion Grant Program
Craft Beverage Industry Tourism Promotion Grant Program - This program is now closed; no new proposals will be accepted.
Economic Development Fund
Economic Development Purposes Grants
2014 Economic Transformation Program (ETP)
Economic Transformation Program (ETP)
Entrepreneurial Assistance Program (EAP)
Excelsior Jobs Program
Environmental Investment Program - This program is closed to new entrants.
Healthy Food & Healthy Communities Fund
Industrial Effectiveness Program (IEP)
Job Development Authority (JDA) Direct Loan Program
Jobs Retention Program (ESJRP)
Manufacturing Assistance Program (MAP)
Metropolitan Economic Revitalization Fund (MERF)
Micro Lending Program
Minority- and Woman-Owned Business Investment Fund
Minority and Women-owned Business Lending (MWBDL) Program
Minority and Women Revolving Loan Trust Fund Program
New Farmers Grant Fund
Regional Council Capital Fund (ESD Grants - REDC)
Regional Revolving Loan Trust Fund (RRLTF)
Restore New York Communities Initiative
Small Business Revolving Loan Fund
Strategic Planning and Feasibility Study Program
Transportation Capital Assistance Program
Urban and Community Development Program (UCDP)
Brownfield Cleanup Program
Empire State Music and Theatrical Production Tax Credit Program
Empire Zones - This program is closed to new entrants.
Employee Training Incentive Program
New Markets Tax Credits
New York State Film Tax Credit Program
Other Financing and Technical Assistance:
Business Mentor NY
Bridge to Success Loan Program
New York State Surety Bond Assistance Program (NYSSBAP)
The Capital Access Program
Export Marketing Assistance Service (EMAS)
Governor's Office for Motion Picture & Television Development
The Innovate NY Fund
Linked Deposit Program (LDP)
New York Beverage Business (Beer, Spirits & Wine)
New York Empowerment Zone (NYEZ)
New York State Land Bank Program (NYSLBP)
New York State Innovation Venture Capital Fund (NYSIVC)
Procurement Assistance Program
State Trade & Export Promotion (STEP) Global NY Exports Program
World Trade Center Rent Reduction Program (WTC RR)
Yahoo Community Fund for Niagara County (YCFNC)
GET NEWS ON FUNDING OPPORTUNITIES
Can You Pay Someone to Do it for You
Investment has legal implications, Please consult with PROFESSIONAL legal help. Some sites offer to find investors at a fee (sometimes hefty). I'd recommend you read "
On a fairly regular basis, my entrepreneur and investor clients ask me if they can pay their employees, or a finder-consultant a piece of the deal if they help the company raise investment dollars.
In almost every case, the answer is a definitive no. The payment of a finder's fee or commission in connection with the sale of securities to a person who is not a broker registered with FINRA (formerly the NASD) is generally illegal...
LET’S CONTINUE THIS DISCUSSION
Brooklyn Geek Week
BKlyn Geek Wednesdays – Crown Height, Brooklyn gets some silicon action, Apps, Drones, #Datamining, Crowdfundi
Mondays - Music
Tuesdays Film -
Brooklyn Geek Wednesday - #DoItWithTech
Thursday Spoken Word & Jazz
Friday - Entertainment
Check the Calendar at TheStratosphere.com/calendar
An Incubator grows in Brooklyn
We're in Cycle 2 - The NYukCo Incubator supported local businesses in all aspects fashion and accessories sectors.The slide show from cycle 1 is currently being updated. It's time to call participants for our Fall/winter marketing season. We're reconfiguring the website Please contact us if interested in our program.
Intro to Hacking 101
Hack Your way to an "Investment Worth Concept
Hacking is a new way of approaching solutions to problems that can become businesses that "serves needs" or "add pleasure"
CopulateNYC is a collaborative hack concept with cultural sensitivity. It starts with identifying a problem or need!
CopulateNYC join our next Product Hack
Before you can start a business it is necessary to fertilize ideas. More often than not that means finding cofounders. Copulate NYC will develop into an event that helps individuals interact and develop relationships that lead to FOUNDING sustainable companies.