Peer MentorshipCategory: Your Fundraising StrategyWhat are the various ways I can raise capital for my business?
Chidi NwaoguChidi Nwaogu Staff asked 3 years ago

What are the various ways I can raise capital for my business?

6 Answers
Best Answer
Chidi NwaoguChidi Nwaogu Staff answered 3 years ago

Bootstrapping
Grants
Friends and Family
Angel Investors
Crowdfunding
Venture capitalists
Interest-based loans

Falade Emmanuel EniolaFalade Emmanuel Eniola Staff answered 3 years ago

To compliment Chidi Nwaogu
The following are complimentary way you can raise capital for my business
Personal Savings
Partnership
Asset sale
Cooperative
Rotating Credit and Savings Association (ROSCA)

Abdulgaffar AbdulMalikAbdulgaffar AbdulMalik Staff answered 3 years ago

Thanks for this answer. The list is very helpful.

Peter AkerelePeter Akerele Staff answered 3 years ago

Thanks,  it’s realistic and practicable 

Egbe OkpagaEgbe Okpaga Staff answered 3 years ago

Nice points raised by Chidi Nwaogu and Emmanuel Falade. Just to add a few points, you can raise capital for your business through;
1. Product Pre-sales
2. Contests
3. Purchase Order Financing
4. Government Support
Also, you can read this article on The15 Best Crowdfunding Sites to Launch your Business or Product: https://blog.hubspot.com/sales/crowdfunding-sites

Chidi NwaoguChidi Nwaogu Staff answered 3 years ago

Here is a list of African investors, their contacts, investment portfolio, and exits so far: https://docs.google.com/spreadsheets/d/12yIKcL8VaJN4YrsiD3zIOAVgReUtSadIQoXY7EQfmHA/edit?usp=sharing

You should find it useful.