WEEK 5: FUNDING 2.0 - ALTERNATIVE SOURCES
As many startups experience delays in governmental funding and lending during COVID-19, a growing number are looking to alternative sources of working capital to keep their businesses afloat -- whether it’s needed to purchase inventory or make payroll. Join us for a discussion around alternative lending options, crowdfunding tools and other creative sources of funding.
- RECORDED MONDAY, MAY 4, 2020 -
RESOURCES: FUNDING 2.0 - ALTERNATIVE SOURCES
RAINFACTORY Links to resources for startups doing research on crowdfunding:
Resource for in-campaign loans to fund advertising spend: Sprint Crowdfunder's Fund
Additionally, The funding details for crowdfunding are: each platform charges 5% plus 3% in credit card processing fees. In addition, we recommend setting pre-order prices such that you can have 15%-30% in margins for marketing budget. The payouts for the platforms happen within 15 days of concluding the campaign.