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The Platform For GOOD FOOD INNOVATION
05 Nov 2014
Fundraising is a major challenge for food entrepreneurs. Going after the right type of funding can make or break your business, but navigating the options for funding your company and finding investors who support your goals is easier said than done. While not food-specific, this startup fundraising infographic from Bplans is chock-full of helpful information for food, farm and food tech startups.
Based on data from sources including Fundable, The National Venture Capital Association and Kickstarter, it explores the facts and figures behind four popular funding avenues: venture capital funding, angel investment, loans and crowdfunding. Good news for all you startups seeking funding. The graphic highlights an overall increase in startup funding over the past three years. Venture capital firms invested $29.4 billion in 3,995 startups in 2013, up 7 percent from 2012, and 9,826 startups received small business loans from the Small Business Administration in 2014 (through May), up from 9,161 in 2013 and 8,763 in 2012, it notes.
Have a look-see below to pinpoint the funding options that are right for your startup. And, if you’re gearing up to fundraise make sure to sign up for future Food+Tech Ed announcements here. We’ve received hundreds of requests for an expert-taught food startup fundraising course, and it’s next on our list.
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