Funding options for your business ideas
Despite COVID-19, you can still find funding for your start-up or innovative business. Where you look will depend on several factors including the stage of your innovation; the amount required; how you would use the funds etc. Here are some suggestions:
Key Government Initiatives:
Crowd Funding – choose an appropriate platform. Some crowd funding platforms specialise in particular sectors, or focus on NFPs, social enterprises etc. Pozible
Accelerators – most accelerators offer seed funding, as well as entrepreneurial training, pitch opportunities and access to their investor networks.
Equity Crowd Funding – funding from investors in return for a stake/equity in your business. Birchal Equitise Billfolda
Small Business Loans – Moula Prospa OnDeck
Banks Business Loans – Rate Comparisons
Angels investors – Melbourne Angels Australian Investment Network Business Angels
Further information on grants, programs and awards can be found in INNOVIC’s monthly newsletter. Need help? Call INNOVIC on (03) 8060 3054 or 0402 305 118 www.innovic.com.au
