Browsing Tag

accelerator

10 posts
creative financing
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7 Creative Financing Options for New Businesses and Startups

It takes money to make money. But financing isn't always easy — especially if you're the proud founder of a brand new business. Traditional banks and financial institutions set a high bar for borrowers. They want to see years in business, consistent revenue and excellent credit scores, and those are things that most new businesses...
startup
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Expert Advice for the 4 Million People Who Launched a Business in 2020

The following is adapted from "Startup CXO: A Field Guide to Scaling Up Your Company's Critical Functions and Teams" by Matt Blumberg. In April 2020, just as the pandemic was beginning to wreak havoc on markets, commerce, communities and the general public, I started a business along with a group of friends. That’s not as...
Financing
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5 Creative Financing Tools to Kickstart Your Business

Traditional banks today aren’t typically willing to lend to startup ventures, unless you have a stellar track record and money already in the bank. Only 30 percent of businesses are bank-funded, according to Linda Jenkins, CEO of the Gold Alliance Group, so odds are good that you may need to get creative in order to...
accelerator
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What’s the Difference Between a Startup Incubator and an Accelerator?

It’s not uncommon for aspiring entrepreneurs to think a startup incubator and accelerator are the same concept. Which does what, exactly? Do entrepreneurs need both in order to succeed? Incubators and accelerators are designed to help guide entrepreneurs and their businesses to success. However, not every startup may be the right fit for both an...
scaling
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4 Lessons I Learned From Scaling a Startup to an SME

You started a business because you have goals, and where you began probably isn’t where you want to end up. Scaling a startup to a small to medium enterprise (or SME) is part of growing and expanding, but it’s not without its risks. After all, 75 percent of VC-backed startups fail. I started my company...
debt
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3 Ways to Start a Business When You’re Already Drowning in Debt

Ever since I was young, I've had an entrepreneurial spirit. When I was 15 years old, and all my friends were working at supermarkets and fast-food joints, I started a successful landscaping company. I kept it going until I graduated from high school and moved away for college. Then, during my freshman year in college,...
accelerator
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What to Consider When Choosing an Accelerator for Your Startup

If you’re a startup founder, everyone is likely telling you how much your business would benefit if you participate in an accelerator. In startup communities, stories about businesses that skyrocketed to success after getting involved with the right accelerator are traded more frequently than potty training tips between parents waiting to pick their kids up...
Incubator
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7 Tips For Applying for an Incubator or Accelerator

For many emerging companies, securing a spot in the illustrious cohorts of a business incubator or accelerator program is highly coveted. Joining the likes of Techstars, 500 Startups or Y Combinator is desired by many growing companies. So what does it take to be selected? In this article, we dive into seven things you can do...