Maximizing the potential of your technology business

Identifying Sources of Funds and Working with Investors

Technology businesses typically cannot launch or operate their businesses with only personal finances. It will likely become necessary to seek outside funding sources. This may mean giving up some ownership and control of your business which is never easy. If you plan carefully, you can find the right amount of money from appropriate sources on acceptable terms.   Identify sources of non-equity funding Learn about equity funding sources, how to raise money and determining the value of your business Recognize pitfalls to avoid when raising money Understand process and art of presenting to investors Going into the program, I thought I knew more than I did. The FastTrac® program quickly exceeded my expectations, and I was surprised about the value I received from the other people in the program. I appreciated the diversity and expertise of the guest speakers, and as a result of the connections made during the course, we were introduced to the Queen City Angels which has taken an interest in our company.      - George VonAllmen, eConnectPEOPLE, LLC

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