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6 Ways to raise money for your food startup

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When we are about to venture off into our food projects – we think about how can we get help in getting money, people and resources for our businesses I found 6 ways to get money.

referrals = money

Fundavision
Marshall Childs is the Founder of FundaVision Inc, a company using technology for funding small business in a belief that there is no lack of money in his world. We provide low risk solutions to sustainable technologies globally. By, Empowering, Motivating, and creating Breakthrough Performance.

FundaVision is looking to create and fulfill ideas for new and growing companies. Please join us in causing the extraordinary.”
Fundavision is hosting a Smart Money Funding class October 28 register here: https://www.eventbrite.com/e/smart-money-funding-tickets-13241370295

Credibles
“The concept is simple: Customers prepay for food and receive edible credits to use like a gift card. Large prepayments can even earn edible interest. In the meantime, food businesses get the money they need to grow.” Yes! Magazine

The suppliers typically need to be paid before the revenues from the sales come in. Bridging the time lag in cash flow between expenses and revenues is commonly known as Working Capital. It keeps the business operating. If the business is growing, even more expenses need to be pre-financed. Established companies can dip in their cash reserves or a bank’s Line of Credit. Small, growing companies often don’t have access to such sources. Here’s where the customer’s wallet comes in. “By paying it forward, I’m feeding the system that I want to feed me.” says Arno Hesse. This is a project of Slow Money.

Food Crowd Funding
Our goal at FCF is to get the very best food related projects and ideas funded. We know that many of our seekers are so busy with developing their business and project that they may need additional assistance with getting their funding campaign launched and maximizing all of the social media tools to reach out to potential funders.

Circleup
CircleUp is a crowdfunding platform connecting accredited investors with innovative consumer and retail companies

CircleUp, one of the first companies to take advantage of new crowdfunding rules set out in the 2011 JOBS Act, announced on Wednesday that it received a $14 million Series B round, which it will use to improve its platform of online investment opportunities.

The company, which has seen over 60 startups use its platform to raise money since 2013, will use the Series B round to improve the data and transparency tools it provides to investors.

Foodstart
Founded by Alex Sheshunoff, the platform aims to help restaurants, food trucks, bakeries, breweries and co-ops raise capital in small increments, $50-$250, from their friends, family and future customers. Similar to Kickstarter, Foodstart campaign supporters receive rewards for their contribution in the form of  a gift card for perks like discounts and VIP treatment. Since its launch in late 2012, 100 businesses have used the platform to raise capital. Foodstart makes money by taking a 4 percent cut of a campaign’s funding. 

Fundingfoodies
will place your offering on our platform which is exclusively dedicated to the food industry. The benefit is that others that are only interested in restaurants and food related businesses will view your project and potentially invest and or contribute money or other assistance.  

Fundingfoodies uses the newly created method of raising capital known as Crowdfunding to give you access to the funding that you require to start a restaurant, food truck, mobile food service or to expand your existing operation.

One Response

  1. […] capitalism.” They also can help you access capital. Founder John Hope Bryan, shares his story Crowd-Funding is still a favorite for food startups – you can pick the site and service theta will work for […]

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