FUNDING ACADEMY
When financing a business, most entrepreneurs don’t know what they don’t know. Many bootstrap their own startup capital because that's the "way it's done," and because they don’t want to be beholden to others that give them money. Then they learn the hard way that, in most cases, it takes a lot more money than they thought to be successful. It's a harsh lesson and one that doesn't have to be learned at our own cost.
The Funding Academy provides a way for entrepreneurs to develop a realistic strategy for raising the capital they need to implement or sustain their businesses. It’s boiled down into a three-week program with all the benefits, without the detriments, of what it means to learn from failure. It helps us avoid the phrase "if I only knew then what I know now" in our future.
We require a tax-deductible donation of $500 to VETtoCEO during the registration process to participate in the Funding Academy cohort.* Benefits include accelerating the learning curve regarding realistic funding strategies, introductions to VETtoCEO's funding partners, and up to six months of coaching during your funding journey.
Our Funding Academy is designed by experienced entrepreneurs and is open to all (non-veterans are welcomed!)
Next Program Dates
Register your name on our waiting list and we'll let you know when enrollment is open for our next cohort - likely late summer of 2022.
PROGRAM Outline
Each module is 2 hours long and is viewed live on Tuesday evenings from 7:00 - 9:00PM EST. Each session requires some work in advance to participate. If you can't attend a live session, you will receive a recording.
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Debt versus equity sources
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Determining accurate funding requirements
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Statistics: chances of funding by source
PART 1
Sources of Capital & Funds
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Equity concepts and terms
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Debt concepts and terms
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Common mistakes made and pitfalls
PART 2
Understanding Financial Terms & Concepts
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Prioritizing our funding sources
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Developing a funding strategy
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When to use our own money
PART 3
Developing a Funding Strategy
*The Funding Academy does not provide funding to your business, nor do we guarantee that you’ll secure funding. We provide value by shrinking the time it takes you to learn how to succeed without learning from failures, and set you on the most realistic path for your business idea that provides the best chance of success for funding.
Course
OUtcomes
Understanding of funding sources
Accurate estimate of total capital needed
Realistic strategy to obtain funding from the right sources for your business
Introduction to preferred funding partners