Financing Options for Startups

You have a great idea, one that may be the next blockbuster creation.  A prototype product is assembled in your home office, garage, living room or on the kitchen table.  Friends like it and have told you to market the product and make big $$.  This is all fine and grand, but you have one small problem: you don’t have the startup funds, credibility or infrastructure to launch a major product rollout.  Here are two wonderful organizations that can help you achieve your goal: RocketHub and Kickstarter.  Each is briefly described below:

RocketHub

What is RocketHub?
RocketHub is a community for Creatives and Fuelers. RocketHub offers two distinct services:

  1. An innovative way to raise funds and awareness for creative ventures (Crowdfunding)
  2. The ability to submit your work to be selected for tangible creative opportunities (LaunchPad Opportunities)

We provide the credibility and infrastructure necessary to successfully leverage the financial power of your community, and offer the ability to discover and apply for curated opportunities. If you have a creative project, worthwhile endeavor, or are looking to discover valuable opportunities, RocketHub is here to help.

Who is a Creative?
At RocketHub, a Creative is anyone who would like to launch a crowdfunding campaign or otherwise seeks to have his/her creative work developed, promoted, distributed or sold.

We support entrepreneurs, actors, artists, composers, dancers, designers, directors, filmmakers, inventors, musicians, painters, philanthropists, poets, politicians, programmers, singers, songwriters, teachers, writers, and more. Let your imagination run wild. If you have a creative project, worthwhile endeavor, or are looking to discover valuable opportunities, RocketHub is here to help. (Just keep it legal and in good taste 🙂
Who is a Fueler (and what is Fueling)?
A Fueler is anyone who chooses to make a financial contribution to a RocketHub project and/or vote for a LaunchPad Opportunity submission. Creatives publicize their projects and submissions to friends, family and fans by inviting them to visit RocketHub. Visitors are asked to support Creatives in three important ways:

  1. Fuel the project (aka make a financial contribution)
  2. Vote for a LaunchPad Opportunity submission
  3. Spread the word by sharing the project/submission with others!

Fueling is the act of making a financial contribution to a RocketHub project, voting for a LaunchPad Opportunity submission or spreading the word to friends via email, Facebook, Twitter, your blog, etc. Fueling helps Creatives and RocketHub projects fly.

Kickstarter

  1. What is Kickstarter?

    Kickstarter is a new way to fund creative projects.

    We believe that:

    • A good idea, communicated well, can spread fast and wide.

    • A large group of people can be a tremendous source of money and encouragement.

    Kickstarter is powered by a unique all-or-nothing funding method where projects must be fully-funded or no money changes hands.

  2. Who can fund their project on Kickstarter?

    Kickstarter is focused on creative projects. We’re a great way for artists, filmmakers, musicians, designers, writers, illustrators, explorers, curators, performers, and others to bring their projects, events, and dreams to life.

    The word “project” is just as important as “creative” in defining what works on Kickstarter. A project is something finite with a clear beginning and end. Someone can be held accountable to the framework of a project — a project was either completed or it wasn’t — and there are definable expectations that everyone can agree to. This is imperative for every Kickstarter project.

    We know there are a lot of great projects that fall outside of our scope, but Kickstarter is not a place for soliciting donations to causes, charity projects, or general business expenses. Learn more about our project guidelines.

By Dion D Shaw

Dion D Shaw is the founder and owner of Homepreneurs

Homepreneurs.  New Day.  New Opportunities.

Disclaimer

Homepreneurs does not endorse nor have any relationships with any of the services listed.  Homepreneurs receives no compensation or consideration for its suggestions.  Homepreneurs strongly urges all interested parties to conduct research and accepts no responsibility for any losses incurred.

© Homepreneurs 2010 – 2012