As innovators and social entrepreneurs tinker with ideas and explore potential solutions to global challenges, they inevitably face the do-or-die question of how to get the financing they need to lift their new ventures off the ground.
Securing that money is almost always named as one of the top challenges by entrepreneurs — but it’s not just about knowing where to get money, but about who might be the right funder at that time in a company’s growth.
The options of where to turn are only increasing as types of innovative finance from crowdfunding, peer-to-peer lending and venture capital, to angel investors and foundation funding continue to grow.