Big dreams but no money to fund your business? 23

There are many would-be entrepreneurs out there with great ideas but no money to invest in their venture.

In the last 14 years I have had so many people say there are grants out there to help finance a business. And I have so many more ask me where that grant-financing money is at. In all that time I have never found a grant that finances the start-up of a business.

There are federal training programs that subsidize part of the wages for a new, qualified employee who is provided on-the-job training and works permanently full time for your company. There are also federal tax incentives to provide the same employment and training conditions for new hires. But I do not know of programs designed to provide investment capital for the start-up and operation of the enterprise.

If you simply do not have sufficient collateral, good credit and/or cash to finance the start-up of your venture, you need to begin looking for a partner or partners who have the finances, desire to participate in this type of start-up and need the skills and ideas you possess to make the business work.

The only alternative that I can think of is to seek refinancing or a home improvement loan (second lien) on your home, if you own it. If you are determined, it is likely the partnership alternative may be the best way to go. Otherwise, you may need an “angel” investor.

About the Author Stephen Windhaus is the Principal of Windhaus Associates, a business planning firm he founded in 1999. He has over 20 years of experience in the public and private sectors assisting existing and start-up entrepreneurs through small business development centers, incubators, university and community college settings and private practice. He has written online for Bankrate.com, BizLand.com… Read more »

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  • Juan Renteria

    I have an Idea to start up a solar panel cleaning and maintainence service. This service I want to offer is a system that integrates with a solar (array) and automatically washes your panels with sprayers at the same time applying a protective solution to them. I have a growing list of about 200 customers with no such system.I would like to find an “angel” investor to help me start this small business. This idea has the potential to blow up and maybe even the chance to partner up with solar system installers. Can you please help me !

  • parson

    hi,I have read your business idea. control the general information.our company is an international investment group which focus on the high technology area, maybe you can email to me and give me much more information about your idea.thanks, parson.

  • Jan Breet

    I am a qualified electrician with more than 20 years experience! I design a solar system that can save you up to 80% of your electical bill every month! If you using a gas stove it will be 100%! The cost is less than $200! I need a “angel” partner! I am from South Africa! My cell nr is +27 760363405 and my email is jannas45@gmail.com! If you are intrested please contact me!

  • michael carroll sr

    My name is Michael Carroll SR I have 20 years exp. cooking restaurants managing exp. 4 1/2 years in the Army looking for Angel help to start a restaurant thank you in advance

  • Les Wilson

    I’m presently in the life insurance game for seniors/medicare clients. The majority of them being boomers, I expect that I may interest some of them in backing my all in one facility. It’s a 2 level comedy cafe with the entertainment on the main level and the lower level would be for physical entertainment like dancing and a game room to work the mental and physical body parts. On top side, I envision a bar, stage and a bistro style cafe supporting good organic foods. The stage is for comedy and live music groups. Put all this together and every square foot offers an activity that works for the live-longer boomers and the health conscious of all ages. Parents and their children are sharing more time together because they are moving back home again. So, why shouldn’t they have a place away from home to share a good time besides sitting at a big table and eating monsterous meals with no place to work it off. Laughing, dancing and playing competitve games while listening to smooth musical sounds is good excercise and what the doctor ordered.

  • Nadeem Siddique

    My name is M.Nadeem Siddique from India. We are 2 friends starting coconut food processing plant. Since raw materials is easily available in this region & the end product coconut milk powder and coconut milk tin/tetra pack is highly in demand in Middle East, Egypt, China, USA Canada, African Countries, India & Pakistan, we will not have problem marketing the product,hence the cost of marketing the product reduces. We do have experienced professionals for different operations of this business and very good marketing network in GCC, India & China.
    We dont want to approach any bank or any financial institution as it charges interest which we are not comfortable with, as this goes against our religion. We need a business loan of approximately USD 800,000 for coconut milk powder plant. We dont have have huge asset for security so if you need any you can have the machinery or the land which cost approx the above said figure as security. If any philantropist wants to give us business loan they are welcome
    Since this is extremely lucrative business opportunity if any individual or any venture capitalist or organisation wants to partner us for profit sharing we are very open to this concept and would welcome them as business partner or as distributor or consulting partner.
    This will be halal business and any practice/policies which are forbidden in Islam will not practice in our firm.
    For details mail me joygroupinc(AT)ymail(DOT)com or call me @ 0091-9945617955

    Inshaallah we will be successful working togather

    If in case you have group who can fund us please let us know, As this project will employ 150 – 400 unemployed directly in India

    Thanks & Regards Allah Hafiz

    Mohammed Nadeem Siddique
    Mob 91-9945617955
    Joy Group Inc
    Madeena Colony Tanzeem stop
    Bhatkal 581320 Karnataka

  • T. Ross

    Hello, I recently worked for Chrysler LLC for 8 years as a manager and I’m looking to purchase two very profitable restaurants from a family friend relocating to Texas. I have all financial data to prove the businesses are profitable. I’m looking for an angel investor willing to assist with $200,0000USD. The business makes over $400k annually.

    Thank you for your consideration
    (313) 585-4064

  • http://www.koarestaurant.com jess ledesma

    great concept 168 old building seeking 800,000 in investor have worked with many fine chefs,hotels of the world.

  • Luqman Legodi

    I am have started a trading solutions company which exist of three share holders. It basically specialises in the following: Consulting, Mining, transportation, Production, Financial services, Marketing and IT solutions. It is based in South Africa. Any investors are welcomed on board. The company has Intellectual capital so far. If interested we can draw up an exit strategy whereby you dont have to lose even a black cent. If all goes well then you will be considering yourself a multi millionare in a short period of space. No chancers Please.

  • dr suprith

    hello, i am associate professor in one of the dental school in . i want to start a on line video teaching for +2 students .for there competitive exams in india. i have financial data and confidence to say this business is profitable, iam looking for a angel investor, willing to invest up to $ 100 k to begin this business
    thank you
    dr suprith
    919448062890

  • D. Spencer

    Hello, I am looking for and “ANGEL” to help finance an Exotic Dance Club in my area. I have substancial collateral, since I own the building on which the business will exsist (no mortgage). My credit is not terrible, but not good either. I would need about $120,000.00 for renovation, equiptment, licensing, and inventory(pool table, gaming, alcohol, etc…). If you know of anyone and/or are interested, please contact me …. a.s.a.p……Thank You
    clubdesire1 @ yahoo.com

  • Evalia Johnston

    I have 16years experience working in the Greenhouse and plant business.My old place of business closed.The owner died and new owners took over. They did not know how to run a nursery.They made it for 3 years running the nursery into the ground.It closed last fall never to reopen. I want to reopen another nursery at this location.All buildings and most of the equipment are still there.The only supplies would be plants and plant potting items.Also some lawn and garden supplies. Iknow of some of the old Warren and Son employees that have experience and knowledge that would work for me.I can grow just about anything you put in front of me. I have seen many of the old customersand truely believe this nursery could work again.Lots of people are staying home tending thier yards and flower beds.I`m looking for an angel to help with capital to purchase the property.Someone willing to invest in an enviromental business.The most I need is $300,000.00 to$400,000.00.There are no nurserys close for my former customers to buy at.This CAN work! Please contact me soon. Evalia Johnston.
    My e-mail is dragontears85 @ aol.com. Evalia Johnston

  • Craig Smithers

    Good Morning.

    I have spent the good part of a year researching the viability of a fine wine merchant in the Netherlands specialising in South Africa and French wines. The Dutch market is one of the most emerging wine markets in the Netherlands with a large demand on fine wines from South Africa and France.

    I have developed an interactive concept whereby customers can taste wine in the store before they buy, at the own pace. This is done by installing advanced Enomatic wine dispensing units whereby the customer uses a tasting card that works on the same basis as a bank card. When the customer purchases a sample of wine, the value is deducted from the overall balance on the card.

    This will be the very first store in the Netherlands to offer customers this opportunity. I have up to this point aquired all machinery, software and systems in order to make this possible. However, I require capital injection to the value of 70 000 Euros to make it possible. The expansion potential is enormous with the possiblity of entering the German, Danish, Belgian and Swedish markets.

    Anyone interested in participating in this venture is free to contact me.

  • Annie Valline

    I am looking for money to start a DIY business helping the lower income families improve their home interiors on very tight budgets. I have done many homes. One I just finished only cost 200.00 for my customer. This was a trashed double wide trailer. I frequent our towns thrift stores, garage sales, ads in the paper, ebay and other online services to obtain the customers items needed. For instance, Rustic Design= tree branch curtain rods, ribbon sewn to the curtain fabric, usually done for 2.00 a window. I would like to build a playhouse on my patio, 10×10 with access to the alley. I would use this as my office, and to do my designs and store the items I have created. I need about 6,000 dollars to start. Business permit, computer, have wiring and insulation put in etc. My goal is to help low income families turn a plain house into their home. I only charge 10.00 hour so they can afford me. Anyone interested in helping me find the money or the playhouse please email me. Thanks, Annie

  • Ben

    I am a young entrepreneur and not very long ago opened a software firm that does development of software, customization of software to suite client needs and I have also been in the look out for an angel investor to support in the financing of a number of projects we have in the pipeline. Currently developing solutions that are suited for the masses. Mobile tech, Agribased solutions for farmers, etc. Thanks the forum is helpful. If anybody feels interested you can always mail me.

  • Lakisha

    Hello, I want to open up a small shoe store. I design shoes that are very stylish and up to date. Most of my shoes have not been seen any were else. I just need some help getting started. Thanks

    ——————————
    Lakisha,

    Take advantage of your local resources! Check to see if you have a SCORE, Small Business Development Center, or Economic Development Center. Call your local Chamber of Commerce to see if they have classes or can refer you to a local small business program. Also check with your local community college to see about resources they provide.

    Good luck!
    ‘Chelle Parmele
    Palo Alto Software

  • Master O’Neal

    I am a young entrepreneur who has created a clothing brand here in Florida which I plan to grow nationally in the long-run. I am a college student with insufficient capital to complete the start-up of the brand. The brand has been funded thus far by my friends and we have come to the point where we can not avoid the inevitable necessity of solid funding. Everything is ready to go with the brand. We are not ‘creating’ the brand, it is already created; now we are ‘building’ the brand. Necessary to note, because of the nature/culture of the brand, it has the potential to expand internationally as well. I have also been informed of certain grants that one could receive through various qualifications but I have not been successful in finding them. Its nice to find out that they may not exist.

  • Karen

    i live in a small tow where there is a lot of hispanics and i have heard that a lot do not know how to speak english which i know well they should learn but for a buisness i think it would be great to open a movie theatre where the movies would be translated in spanish and i know for sure i would have a lot of people going to my theatre even from far away small towns i dont really know what the cost could be but thats what i would like to do also buy a pretty big land to make them parking for mobile homes for at least ten it would be great because there is not a lot of space for mobile homes in town. also make a salon sort of like a ballroom to make partys but make it really pretty in the inside elegant jst really nice a lot of people only have two options here to rent a salon and they are not pretty big and spacious but not elegant enough for a wedding or quince or sweet sixteen. those are my ideas i have plenty more but those are my three first ones i can think of.

    • MRS KATE LORD

      Do you have a bad credit?Are you financially down.I give out loans at low
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      Mrs.Kate lord

  • chanel

    I want to start up a childcare learning center. I am a teacher by trade and I see a need to not only teach the child, but to educate the family unit. The community in which these children live. I want a learning center that offers trainings for things such as non chemical hair training, tutoring trainings, seminars, etc. HELP!!!! I saw a great building in Avondale az that would be great to start this business. No money so I drive by my dream everyday. It hurst to see a great building not being utilized due to funds.

  • Engzel_20flor

    hello, im florante rivera , from the philippines, 24 years old….i wanted to establish a business i own such as a store but i dont have money to start with..hope you can help me through to full fill my dreams, a dreams that i could share also to those who needed in the future,, please contact me if you want to help me at my mobile 09128870667 or email me engzel_20flor@yahoo.com

  • Jemma

    i am looking to open my own beauty salon and child minding service combined i have drawing up plans and dream of this my whole life. since ive had my son i wanted to wait till he started school to read more into my dream. but i have my plans and no money to build it. and i really would love some help in learning what or where i should go to find out more.

  • Deepika

    Hi.. I am looking to open my boutique for ladies garments only but without much expenses and want to do kurtis, toppers etc pls suggest me or I want to do online or want to do take orders in kurtis, toppers in a short quantity. Please advise me ASAP.

    Deepika