VC isn't the only way to fund a business.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
Here are some alternative funding options and resources:
1. If you startup earns under $3K a month, look into business credit cards, personal loans, and crowdfunding for funding options.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
2. Regarding crowdfunding, you can start with @Kickstarter, @IFundWomen (for female founders), or @Wefunder.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
3. If you make $3K+ a month in sales and are on track to reach six figures a year, look into pitch competitions, government contracts and small-business loans.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
4. Regarding pitch competitions, check out @BGirlVentures, who provide Black/Brown woman-identifying founders access to community and capital.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
If you are based in Austin, Chicago, Detroit, Houston, LA, or Miami, you should def apply to pitch: https://t.co/gXJcqIRCq7
5. Adding a few other pitch competitions you can apply to:
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
Entrepreneurship World Cup: One of the biggest pitch competitions, featuring founders from over 200. Apply by July 10. https://t.co/W2ZzB9Dfua
6. Black Ambition Prize: Provides a platform for Black + Latinx founders, students & alumni of Historically Black Colleges and Universities access to growth capital, pitch feedback, and mentorship.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
Apply by June 20. https://t.co/Kvne8ONfvY
7. If you are interested in grants, my #1 recommendation is @HelloAlice which has so many incredible grant opportunities on their website. They're awesome.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
8. If you earn $9K+ a month in sales, you can look for angel investors as an alternative for VC funding.
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
You can find some angel investors by looking on @AngelList, attending irl networking events, and utilizing Twitter!
9. Check out this article for more tips and insights: https://t.co/VAL7obwXXH
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
10. Lastly, my favorite resource of all is @GRID110. Go follow them (I might be biased). We tweet out daily tips and resources for founders and small business owners. 💛
— Elisabeth Tuttass 🇰🇷🇩🇪 (@mstuttass) June 16, 2022
