Startup Course: Week 7

Funding Options for Startups

Lesson:

Watch this video to learn more about financing options for Small Businesses.

Crash Course Entrepreneurship

Project Description:

This activity will help you understand the various financing options available to small businesses and how to evaluate them based on your specific needs and circumstances for your mock-up start-up.

Instructions:

  1. Research different financing options for small businesses, including loans, grants, crowdfunding, and self-funding.
  2. For each financing option, make note of:
  3. How it works
  4. Pros and cons
  5. Eligibility requirements
  6. Application process
  7. Examples of businesses that have used this option
  8. Summarize your findings in a document or presentation.
  9. Reflect on which financing option might be most suitable for your mock-up start-up and why.
  10. Share your research and findings with your parents or friends for feedback.