On Wednesday, June 16th during #StartupChats, we talked about Funding Sources for Your Startup with Scotiabank.
We were joined by a great global expert;
Colin Weston, Startup Vancouver
Shadi Yazdan, PredictiveEye
Mohammed Asadullah, Benji
Joy A Adams, Covenant Wealth
What should entrepreneurs consider when it comes to funding?
A1: If it is financially possible and you know you can budget carefully to do it, you may want to look into bootstrapping as a funding option for your small business. #StartupChats
— MyCorporation (@MyCorporation) June 16, 2021
A1. Need to assess your needs – a cash flow forecast and sources & needs chart can help. From there try to arrange funding based on need and the asset type it will finance. Everything takes more time & money than you think. Plan for that. @Startup_Canada @scotiabank
— Tracey Bissett (she/her/hers) (@bissettfinfit) June 16, 2021
What about government funding?
A7: @grantsdotgov is an awesome, and legitimate, resource for learning about, searching for, and finding grants for your business! #StartupChats
— MyCorporation (@MyCorporation) June 16, 2021
A7. Government (Federal, provincial, municipal), private organizations like @sheeo_world, @wekh_pcfe , chambers of commerce, @NrthmbrlndCFDC @PerthCFDC @CBDCAtlantic, @GroYourBiz, industry associations, @BlkOpportunity #startupchats @Startup_Canada @scotiabank
— Tracey Bissett (she/her/hers) (@bissettfinfit) June 16, 2021
If you want to continue learning about this topic and see what we covered, check out the entire conversation.