Capital expansion.QA I am having problems obtaining expansion capital for my 2 1/2-year-old women's sportswear and gift company. After having past financial difficulties, I find it almost impossible to obtain a conventional business loan. Where can I find angel investors An individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. or venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. to invest in this growth company? Bernell Hooker, Milwaukee Angel investors typically invest in start-ups, usually in return for a percentage stake in the business. On the other hand, a venture capitalist would consider companies with larger capital investments (than angel investors) in a growing enterprise. VCs usually rely on someone they know and trust in the industry to screen potential business investments, so it's a good idea to tap as many resources in your own circle (bankers, attorneys, accountants) as possible, for leads and introductions. The SBA's Small Business Development Centers (800-UASKSBA; www.sba.gov) located in most states, are an excellent resource for information. Michael Stamler, a public affairs Those public information, command information, and community relations activities directed toward both the external and internal publics with interest in the Department of Defense. Also called PA. See also command information; community relations; public information. spokesman for the SBA says, "past financial difficulties are not necessarily fatal to small business loan applications." For free business counseling, contact the SCORE Association 800-634-0245. The counselors can assist you in sorting through your past financial problem that may have prevented you from accessing capital. --Paula McCoy-Pinderhughes Mail your small business questions to: Savvy Savvy® Gynecology A contraceptive vaginal gel that ↓ transmission of STDs–eg, HIV, chlamydia, gonorrhea. See Contraceptive. Solutions, BLACK ENTERPRISE, 130 Fifth Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent ., 10th Floor, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10011, or send an e-mail to pinderhughesp@blackenterprise.com. |
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