If one has a nifty project that he thinks will definitely benefit the world and all of its inhabitants, then obviously he should share it with the world. However, the problem here would be money because no matter how good the idea is, nothing will be done if there are no funds to be able to finance its creation. So for those innovators out there, here are some tips on how to get 100 percent project funding.
Now for this venture to be funded, one will need some investors or a big investor who is willing to put money. Now the number of investors that should be involved would actually depend on how big the venture really is. Now with that in mind, one has to know how to deal with these people and to convince them.
So the very first thing that he has to remember is how to present the idea to the investors in a way that they will want to fund it. First of all, he has to create a medium wherein he can present his idea to the prospective investors. This could be done either with a video, a powerpoint presentation, or a prezi presentation.
When creating the presentation, one has to first show the big picture and what the finished product of his project is in order to impress the investors. From there, he will then show them the details on how it can be created. So the trick here is to first go for a big birds eye view, then slowly zoom into the details and work back to show how the end product was created.
Now after the presentation of the idea, the next thing to present is the budget. Now this is the rather bloody part because investors are always concerned about where their money will go. So one has to zero in on where each dollar would go to and how it will be utilized. Of course the budget is the part that will receive the most blood because of the negotiations.
When doing this presentation, one has to remember that he is dealing with businessmen which means that he has to offer something to them in return. Now during the end of the presentation, one must offer these men and women something that will sweeten the deal. If the venture would generate revenue, then by all means a share or an earning opportunity has to be given to them as well.
Now if the venture is a social kind like a corporate social responsibility, then one can offer intangible benefits. This would mean media attention, publicity, and the like. Of course in order to do it, one has to make sure that he has some connections with media channels.
So as one can see, it is not easy to just get funding from investors. There will be a lot of things to consider when making a proposal since a lot of money will be involved. However, if one knows how to go about, then he will definitely get the funds that he will need for his little endeavor.
Now for this venture to be funded, one will need some investors or a big investor who is willing to put money. Now the number of investors that should be involved would actually depend on how big the venture really is. Now with that in mind, one has to know how to deal with these people and to convince them.
So the very first thing that he has to remember is how to present the idea to the investors in a way that they will want to fund it. First of all, he has to create a medium wherein he can present his idea to the prospective investors. This could be done either with a video, a powerpoint presentation, or a prezi presentation.
When creating the presentation, one has to first show the big picture and what the finished product of his project is in order to impress the investors. From there, he will then show them the details on how it can be created. So the trick here is to first go for a big birds eye view, then slowly zoom into the details and work back to show how the end product was created.
Now after the presentation of the idea, the next thing to present is the budget. Now this is the rather bloody part because investors are always concerned about where their money will go. So one has to zero in on where each dollar would go to and how it will be utilized. Of course the budget is the part that will receive the most blood because of the negotiations.
When doing this presentation, one has to remember that he is dealing with businessmen which means that he has to offer something to them in return. Now during the end of the presentation, one must offer these men and women something that will sweeten the deal. If the venture would generate revenue, then by all means a share or an earning opportunity has to be given to them as well.
Now if the venture is a social kind like a corporate social responsibility, then one can offer intangible benefits. This would mean media attention, publicity, and the like. Of course in order to do it, one has to make sure that he has some connections with media channels.
So as one can see, it is not easy to just get funding from investors. There will be a lot of things to consider when making a proposal since a lot of money will be involved. However, if one knows how to go about, then he will definitely get the funds that he will need for his little endeavor.
About the Author:
Companies and business clients can make the most of 100 percent project funding from the following website. To see a full list of our services, go to this home page at http://aayinvestmentsgroup.com.
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