How to get venture capital?
Posted by admin on 10 Sep 2009 2:08 am. Filed under Other - Business & Finance.
THE CODER
I am a IT Engineer from INDIA.
I want to know each and every details about getting VENTURE CAPITAL to start my business over here in INDIA. I want to go for steel or cement or power or bio fuels or IT sector.
Should I have to become member of any association for that.
Should it be possible that I don’t need a single penny to start my business by using Venture Capital. If not then how much will be the minimum investment from my side?
Plese give detailed info about VC. If needed provide me the ways of contact to the respective authority.
Give me names of some countries where I can start and run my business more easily and with less or no investment.
I am a IT Engineer from INDIA.
I want to know each and every details about getting VENTURE CAPITAL to start my business over here in INDIA. I want to go for steel or cement or power or bio fuels or IT sector.
Should I have to become member of any association for that.
Should it be possible that I don’t need a single penny to start my business by using Venture Capital. If not then how much will be the minimum investment from my side?
Plese give detailed info about VC. If needed provide me the ways of contact to the respective authority.
Give me names of some countries where I can start and run my business more easily and with less or no investment.
One Comment to “How to get venture capital?”
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On September 12th, 2009 at 4:40 am
Venture capital firms are not charities, they fund startups if they believe they are going to be able to make a substantial return. Your first step is to write a business plan. The business plan will describe exactly how your business is going to run.
Once your idea is on paper, in the business plan, you have to start your business, to prove you can make some money. Once you’ll have proven the business you’re running has the potential of making a lot more revenues if more funds are injected, then you can approach venture capital firms and submit your business plan. It is probably better that you contact local venture capital firms or angels. They are more likely to invest in an industry and market they know.
You also have to know that if your business plan is good, if venture capital firms are interested in your business, they will trade the funds for a substantial part of your business, and probably also change your management team.
Good luck.
T.