impactfulpitch

[impactfulpitch]

India-Canada Political Ties Create Mayhem for Startups

The recent India-Canada diplomatic strain has affected startups severely. The diplomatic tensions may become a source of worry for Indian entrepreneurs who vouch for Canada as a gateway to North American markets. 

Canada plays a prominent role when it comes to trading and entrepreneurship. Canadian start-up visa provides access for Indian startups to pave their way to the North American markets. It helps immigrant entrepreneurs in taking their business to a global level. 

The Canadian start-up visa provided enticing incentives for entrepreneurs. Due to the suspension of visas, businesses have started exploring alternative potential markets around the United States. 

The India-Canada Rift

The ties between both countries are strained due to Canadian Prime Minister Justin Trudeau’s statement that suggested that there was Indian involvement in the assassination of a Canadian citizen, Hardeep Singh Nijjar, a Sikh separatist leader. Both the countries expelled a diplomat in retaliation amidst which India denied the allegations. The conflict majorly revolves around the Khalistan movement which was previously banned in India. 

What is a Canada Startup Visa?

Canada’s Startup Visa allows any foreign entrepreneur to obtain permanent residence in Canada through business immigration. Enterprising owners of startups or established foreign companies may be able to use this program to permanently relocate to Canada along with other founding partners (up to 5 partners), provided that they meet other requirements.

Canada Startup Visa Numbers

Entrepreneurs made less use of the Startup Visa (SUV) in the first quarter of this year than they did for the same period last year. Even though there was an upward trend in immigration to Canada, there was a downfall in the number of SUVs used by the permanent residents of the country. It was down by 6.25%, slipping from 160 in the first quarter of 2022 to 150 this year. 

The monthly number of new arrivals through the immigration program dropped to 40 after starting with 50 new immigrant entrepreneurs through the SUV in January.

Indian Startups in Canada

Canadian accelerator and incubator Toronto Business Development Centre (TBDC) has announced plans to help Indian startups and micro, small, and medium-sized businesses to globalize their companies.

On average, 96,000 new startups are formed in the Canadian economy per year

TBDC predominantly offers a six-month-long incubation program for startups in three distinct phases. In the first phase, they provide a three-month pre-arrival virtual training to Indian startups and entrepreneurs giving them a comprehensive understanding of the Canadian business market.

Canada Pension Plan Investment Board (CPPIB) has made investments in several Indian start-ups including Delhivery, Flipkart, Paytm, and Byju’s. According to Tracxn data, CPPIB has a 3.6% stake with a cumulative investment of Rs 292 crore in Acko. In Byju's, it has a 3.4% stake with cumulative investments of Rs 1,456 crore. In Flipkart, its cumulative investments stood at Rs 6,663.50 crore. 

The political turmoil between the two nations should hopefully be resolved soon. If not then it will continue to have an adverse affect on the startup funding. 

#business #impactfulpitch #impact #startup #entrepreneur #growth #impactful #enterpreneur #pitchdeck #indian #canada

[impactfulpitch]

Key Outcomes of the 2023 G20 Summit in India: A Global Diplomatic Triumph

In September 2023, New Delhi, India, hosted the 18th G20 Summit, bringing together leaders from the world’s 20 largest economies under the theme “Vasudhaiva Kutumbakam” or “One Earth, One Family, One Future.”

This article presents a concise overview of the key outcomes and highlights from this significant event, emphasizing India’s diplomatic successes, the G20 New Delhi Declaration, the expansion of the G20, the India — Middle East — Europe Economic Corridor (IMEC), and climate action.

India’s Diplomatic Success:

Indian Prime Minister Narendra Modi orchestrated a remarkable diplomatic coup during the 2023 G20 Summit, positioning India as a pivotal player on the world stage. Modi leveraged India’s economic prominence to secure unanimous support from all G20 member nations for a Leaders’ Declaration acknowledging the conflict in Ukraine without assigning blame. This demonstrated India’s commitment to peaceful conflict resolution.

Additionally, Modi’s advocacy for the reform of global institutions like the United Nations Security Council (UNSC) found backing from the United States. The timing of the summit, following India’s successful moon landing under the Chandrayaan-3 program, added to India’s diplomatic prestige.

G20 New Delhi Declaration:

The 2023 G20 New Delhi Leaders’ Declaration marked a significant achievement, with all 83 paragraphs receiving unanimous approval. The declaration focused on financial matters, addressing the economic consequences of the conflict in Ukraine. Finance Minister Nirmala Sitharaman highlighted strategies for bolstering multilateral development banks, regulating cryptocurrencies, and promoting financial inclusion.

The declaration also emphasized the urgency of climate action. It called for mobilizing trillions of dollars to support developing countries and investing $4 trillion annually in clean energy technologies by 2030, with the aim of achieving net-zero emissions by 2050. These commitments underscored the G20’s dedication to addressing the climate crisis.

Addition of South African Nations to the G20:

A major development at the G20 Summit was the inclusion of the African Union as a full member. Previously, the G20 had only one African member, South Africa. This move aligned with India’s aspirations for a permanent seat on the United Nations Security Council (UNSC) and demonstrated its support for developing nations.

India also extended invitations to Nigeria, Egypt, and Mauritius as ‘Guest Countries,’ fostering cooperation and dialogue with nations from diverse regions. These diplomatic initiatives underlined India’s commitment to building strong global partnerships and addressing concerns beyond its borders.

India — Middle East — Europe Economic Corridor (IMEC):

The G20 Summit saw the signing of a Memorandum of Understanding (MoU) involving India, the U.S., Saudi Arabia, the EU, UAE, France, Germany, and Italy, paving the way for the India — Middle East — Europe Economic Corridor (IMEC). IMEC aims to boost economic integration between Asia, the Arabian Gulf, and Europe.

Part of the Partnership for Global Infrastructure Investment (PGII), IMEC is viewed as a potential alternative to China’s Belt and Road Initiative (BRI), contributing to global infrastructure development and cooperation.

Climate Action:

While the G20 fell short of a consensus on phasing out fossil fuels, they committed to tripling global renewable energy capacity and emphasized the need for emissions to peak by 2025. The declaration recognized that limiting global warming to 1.5°C requires a 43% reduction in greenhouse gases by 2030 compared to 2019 levels.

These commitments, although needing further action, represent a positive step toward mitigating the climate crisis.

Conclusion:

The 2023 G20 Summit in India showcased India’s leadership and diplomacy on the global stage. The G20 New Delhi Declaration addressed critical issues, including the Ukraine conflict, financial regulation, and climate action.

India’s successful hosting of the summit marked a significant milestone in its diplomatic journey, reinforcing its role as a key player in international affairs. The expansion of the G20 and the establishment of IMEC highlighted India’s commitment to global cooperation and development.

While challenges persist, the G20 leaders’ commitments to climate action and sustainable development provide hope for a more sustainable and equitable future.

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The Top 10 Skills Every Founder Needs​​​​​​​

Starting a company is a challenging journey that requires a wide range of skills. A founder needs to be able to navigate the ups and downs of entrepreneurship, build a team, manage finances, and create a successful business strategy. In this post, we'll go over the top 10 skills every founder needs to succeed.

1. Strategic thinking

As a founder, you need to be able to develop a long-term plan for your business. Strategic thinking involves anticipating future challenges and identifying opportunities. You need to be able to see the big picture and make decisions that align with your company's overall goals.

2. Leadership

Leadership is a crucial skill for any founder. You need to be able to inspire others, build a strong culture, and make tough decisions. Effective leadership involves learning to delegate tasks, communicate effectively, and motivate your team.

3. Adaptability

The ability to adapt quickly to change is critical for any entrepreneur. Adaptability means being willing to pivot when things don't go as planned and being open to new ideas and approaches. This skill is essential for overcoming challenges and creating a successful business.

4. Financial management

Managing finances is an essential skill for any founder. You should be able to create and manage a budget effectively. You should also be able to forecast income and expenses, manage cash flow, and make informed decisions about investments.

5. Sales and marketing

Sales and marketing are fundamental skills for any entrepreneur. As a founder, you need to understand your audience and how to sell to them effectively. You should be able to develop marketing plans, build a brand, and generate leads.

6. Communication

Effective communication is key to building relationships and managing a team. As a founder, you need to be able to communicate your vision, ideas, and goals clearly. You should also be able to listen actively, give feedback, and resolve conflicts.

7. Networking

Networking is a critical skill for any founder. You need to be able to build relationships with potential investors, partners, and customers. Networking also helps you stay up-to-date with industry trends and opportunities.

8. Time management

Time management is essential for any founder. You should be able to prioritize tasks, manage your schedule effectively, and make the most of your time. Effective time management helps you stay focused on your goals and avoid burnout.

9. Problem-solving

Entrepreneurship is full of challenges and obstacles. As a founder, you need to be able to solve problems creatively and effectively. This skill involves being able to identify and analyze problems, generate solutions, and implement them.

10. Resilience

Finally, resilience is a crucial skill for any founder. Starting a company is not easy, and setbacks are inevitable. Resilience involves learning to cope with failure, staying focused on your goals, and persisting through difficult times.

In conclusion, being a successful founder requires a diverse range of skills. While some skills may come naturally, others can be developed through practice and experience. By focusing on these 10 essential skills, you can increase your chances of creating a successful and sustainable company.

#impactfulpitch #impactful #business #entrepreneur #growth #funding #startup #pitchdeck #enterpreneur #impact

[impactfulpitch]

Indian Aviation at a Glance: A Journey of Growth and Opportunities

The Indian aviation industry has witnessed remarkable growth over the years, transforming into one of the most dynamic and promising sectors in the country. With a rich history that dates back to the early 20th century, Indian aviation has soared to new heights, contributing significantly to the nation's economy and providing countless opportunities for employment and investment.

Historical Overview

Looking back, the industry has come a long way. In 2010, the number of people traveling to, from, or within India stood at 79 million. This figure doubled to 158 million in 2017 and is projected to reach a staggering 520 million by 2037. This exponential growth is a testament to the increasing accessibility and affordability of air travel for a growing population.

Current Landscape of The Indian Aviation Market

Today, India boasts the title of being the third-largest domestic aviation market globally. This achievement is fueled by several factors, including the industry's contribution to the nation's GDP. 

Currently standing at 5%, the aviation sector's impact on the economy is substantial, providing a boost to various sectors and creating a ripple effect on employment generation. With 4 million jobs being generated in the aviation industry, it has emerged as a vital source of employment and economic growth.

The market size of the Indian aviation industry is projected to reach USD 10.89 billion by 2023, with a compound annual growth rate (CAGR) of 2.87%. This growth trajectory is a result of favorable government policies, supportive initiatives, and a conducive business environment. By 2028, the market size is expected to expand further to USD 12.55 billion, opening up lucrative investment opportunities for both public and private stakeholders.

The Significant Role of Government Initiatives and Policy Reforms

Supportive government policies have played a crucial role in fostering the growth of the aviation industry. The National Civil Aviation Policy 2016 (NCAP) and the Regional Connectivity Scheme, known as UDAN (‘Ude Desh ka Aam Nagrik’), have been instrumental in enhancing connectivity, particularly in underserved and unserved regions. Additionally, initiatives like the International Financial Services Centre (IFSC) and GIFT City, and the Krishi UDAN 2.0 program have further strengthened the industry's foundation.

Investment Potential in the Thriving Indian Aviation Sector

The Indian aviation sector also offers attractive investment opportunities. With 151 projects in the pipeline, the industry presents a wealth of opportunities worth a staggering $20.94 billion. These projects span across various segments and include both private and government initiatives. Such investments not only contribute to the industry's growth but also have a positive spillover effect on ancillary sectors, fostering a comprehensive ecosystem of development.

Roadway Ahead

Looking ahead, the road for Indian aviation appears promising. The expansion of existing airports and the development of new ones in tier 2 and tier 3 cities are expected to drive the sector's future growth. These airports have the potential to become major aviation hubs, facilitating increased connectivity and promoting economic development in their respective regions. 

To maximize this potential, a collaborative approach involving public-private partnerships (PPPs) and policy-level interventions is crucial. Continued funding under the UDAN scheme, flexibility in capital investments, and supportive regulatory measures will be essential in harnessing the industry's enormous potential.

Conclusion

In conclusion, the Indian aviation industry has witnessed tremendous growth and holds immense promise for the future. A rising middle-income population, healthy competition among low-cost carriers, infrastructure development at leading airports, and supportive government policies have propelled the industry forward. 

With attractive investment opportunities and a conducive business environment, the aviation sector is poised to continue its upward trajectory, contributing significantly to the nation's economic development and enhancing connectivity across the country. By leveraging the power of partnerships and implementing strategic interventions, the Indian aviation industry is set to soar to even greater heights in the years to come.

#impactfulpitch #impactful #entrepreneur #funding #startup #pitchdeck #business #enterpreneur #growth #impact #aviation #history

[impactfulpitch]

G20 Summit in India: Fueling Growth for Startups

The G20 is a forum consisting of 19 countries and the European Union, representing 85% of the global GDP. The G20 aims to promote international economic cooperation and address global economic challenges. 

India is set to host the G20 summit in 2023, making it the first time an emerging market economy will host the event. India's economy has been growing rapidly in recent years, and its startup ecosystem has been thriving.

In this article, we will explore India's initiatives for startups, the impact of the G20 Summit on Indian startups, collaboration and partnerships, and the challenges and opportunities faced by startups in India.

G20 Summit and its impact on Indian startups

The G20 has a crucial role in promoting international trade and investment, which can benefit startups in India. The G20 has several initiatives and policies that support startups, including the G20 Digital Economy Taskforce and the G20 Young Entrepreneurs' Alliance. These initiatives aim to create an enabling environment for startups to thrive by promoting access to funding, technology, and markets.

Several successful Indian startups have benefited from G20 policies. For example, OYO Rooms, a hotel aggregator, received funding from SoftBank, a Japanese multinational conglomerate, which is a G20 member country. Another example is BYJU's, an edtech startup, which received funding from Tencent, a Chinese technology company, which is also a G20 member country.

Importance of collaboration and partnerships for startups

Collaboration and partnerships are crucial for startups to succeed, especially in today's globalized world. The G20 has been encouraging collaborations among startups and investors from different countries. For example, the G20 Young Entrepreneurs' Alliance brings together young entrepreneurs from different G20 countries to exchange ideas, share best practices, and explore collaboration opportunities.

Overview of Indian G20's efforts to encourage collaborations among startups and investors

Here are some of the key efforts taken by the Indian G20:

G20 Young Entrepreneurs' Alliance: The G20 Young Entrepreneurs' Alliance brings together young entrepreneurs from different G20 countries to exchange ideas, share best practices, and explore collaboration opportunities. The alliance provides a platform for startups to network, learn from each other, and explore potential partnerships.

G20 Digital Economy Taskforce: The G20 Digital Economy Taskforce aims to promote digital innovation and facilitate the digital transformation of economies. The taskforce provides a forum for startups to engage with policymakers, industry leaders, and other stakeholders to promote the growth of the digital economy.

G20 Business Women Leaders Taskforce: The G20 Business Women Leaders Taskforce aims to promote the economic empowerment of women by removing barriers to their participation in the workforce. The taskforce provides a platform for women entrepreneurs to connect with each other, share their experiences, and explore collaboration opportunities.

G20 Investment and Infrastructure Working Group: The G20 Investment and Infrastructure Working Group aims to promote investment in infrastructure, which is crucial for the growth of startups. The working group provides a forum for startups to engage with investors and policymakers to promote investment in infrastructure.

G20 Digital Finance Working Group: The G20 Digital Finance Working Group aims to promote the development of digital finance, which can provide startups with access to funding and financial services. The working group provides a forum for startups to engage with policymakers, regulators, and industry leaders to promote the development of digital finance.

Conclusion:

In conclusion, the G20 Summit has played a significant role in promoting international trade and investment, supporting startups, and fostering innovation and entrepreneurship worldwide. Its initiatives and policies have been instrumental in nurturing the Indian startup ecosystem and encouraging collaborations between startups and investors. With the G20's continued support, the future of the Indian startup ecosystem looks bright, and startups are poised to make significant contributions to the global economy.

#startup #impactfulpitch #fundraising #pitchdeck #business #enterpreneur #startuppitch #startupsidea #impact #impactful

[impactfulpitch]

7 Common Red Flags in Pitch Deck One Must Avoid

Pitch decks are essential tools for startups and entrepreneurs seeking funding from investors. They serve as a visual representation of the business plan, outlining key aspects such as the problem, the solution, the target market, and the financial projections. A well-crafted pitch deck can make or break an investor's decision to invest in a startup. However, there are certain red flags that investors watch out for in pitch decks. In this article, we'll explore seven common red flags to avoid in a pitch deck and offer tips on how to create a strong and compelling pitch deck.

Lack of a Clear Problem Statement

One of the most critical components of a pitch deck is the problem statement. Make sure your question statement is clear and concise. If the problem statement is vague or too broad, investors will have a hard time understanding the startup's value proposition. To avoid this red flag, ensure that your problem statement is specific, concise, and clearly defines the problem the startup is addressing.

Poor Market Research

Investors want to see evidence that a startup has conducted thorough market research and understands its target market. If the market research is inadequate or nonexistent, investors will likely view it as a red flag. To avoid this, ensure that your pitch deck includes detailed market research that outlines the size of the market, the target audience, and the competition.

Unrealistic Financial Projections

Financial projections are a critical component of a pitch deck. However, unrealistic financial projections can turn investors off. It's essential to be realistic in financial projections and provide detailed reasoning and assumptions for the projections made. Investors want to see a clear path to profitability and a sound financial strategy.

Lack of a Clear Business Model

Investors want to understand how a startup plans to generate revenue and how it intends to scale. A pitch deck that lacks a clear business model can be a red flag for investors. To avoid this, ensure that your pitch deck includes a detailed description of the business model, including revenue streams, pricing strategy, and growth plans.

Use of complex language

A presentation deck ought to be clear and simple to comprehend. Investors might get turned off by overly technical terminology. The terminology used should be simple, direct, and jargon-free. Use plain words that investors can comprehend.

Lack of a Cohesive Brand Identity

A pitch deck should reflect the startup's brand identity. A lack of a cohesive brand identity can be a red flag for investors. Ensure that the pitch deck is consistent with the startup's branding, including the use of the logo, color scheme, and overall tone.

How to Avoid These Red Flags

Conduct thorough market research and ensure that your problem statement is clear and concise.

Be realistic in your financial projections and provide detailed reasoning and assumptions.

Clearly define your business model and outline your revenue streams and growth plans.

Use simple language that investors can easily understand.

Ensure that the pitch deck is consistent with your startup's branding.

Conclusion

Pitch decks are critical tools for startups and entrepreneurs seeking funding from investors. However, certain red flags can turn investors off. To create a strong and compelling pitch deck, it's essential to avoid these red flags.

Hope you found this article useful!

#startup #impactfulpitch #fundraising #pitchdeck #business #enterpreneur #startuppitch #startupsidea #impact #impactful #red flags

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The benefits and challenges of bootstrapping your startup

Bootstrapping your startup is a popular approach among entrepreneurs who want to start their businesses without external funding. In this method, you use your own savings and resources to build and grow your company, instead of relying on venture capital or angel investors.

While bootstrapping has its benefits, it also comes with its set of challenges. In this article, we will discuss the benefits and challenges of bootstrapping your startup and share strategies for success.

Benefits of Bootstrapping

Complete control and ownership of the company

When you bootstrap your startup, you have complete control over the direction, vision, and operations of your company. You don’t have to worry about pleasing investors or meeting their expectations. You can easily make your own decisions without any worries.

Focus on revenue and profitability

Bootstrapped startups prioritize revenue and profitability over growth. They focus on building a sustainable business model that generates revenue from day one. This approach helps them avoid the trap of chasing after growth at any cost and burning through cash.

Creativity and innovation

The lesser the funds, the more creative you will be. You have to find ways to solve problems, build products, and acquire customers with little or no money. This will set you apart from your competitors.

Better decision making

As a bootstrapped entrepreneur, you have to make every dollar count. You have to be strategic in your decisions and prioritize activities that generate the most value for your business. This approach helps you make better decisions that are aligned with your goals.

Improved fundraising opportunities

Bootstrapping can also improve your fundraising opportunities in the long run. Investors are more likely to invest in a company that has a proven track record of generating revenue and profitability. Bootstrapped companies have a better chance of securing funding on favourable terms than those who haven’t.

Challenges of Bootstrapping

Limited resources and capital

The biggest challenge of bootstrapping is the limited resources and capital. Completing all the tasks with lesser funds will be very challenging. However, the catch is that this will open your horizon to be more creative.

Slow growth

Bootstrapped companies often experience slower growth than those that have external funding. The main reason for the slow growth can be seen as limited resources. Because of limited resources, they can only invest in activities that generate revenue.

Increased risk and stress

Bootstrapping comes with increased risk and stress. You’re responsible for every aspect of your business, which can be overwhelming. Make sure you prepare yourself to handle the pressure and uncertainty that comes with starting a business.

Difficulty in attracting talent

Bootstrapped companies often struggle to attract top talent. They can’t offer the same perks, benefits, and salaries that funded startups do. Because of this, it might be challenging to find and keep the best employees.

Strategies for Successful Bootstrapping

Prioritizing revenue-generating activities

As a bootstrapped entrepreneur, your top priority should be generating revenue. You need to identify activities that generate revenue and focus on them. Selling goods or services, providing advice or training, or even creating and reselling digital goods like e-books or online classes, are all examples of this.

Building a strong network of supporters and advisors

Building a strong network of supporters and advisors can help you overcome the challenges of bootstrapping. This network can include mentors, coaches, other entrepreneurs, and even family and friends. They can help you as you navigate the difficulties of starting and expanding a company by providing assistance, support, and counsel.

Making smart financial decisions

Bootstrapping requires smart financial decisions. You must exercise discipline with your expenditures and carefully handle your money. Spend less money than required and concentrate on making investments in profitable ventures.

Conclusion

Bootstrapping your startup can be challenging, but with the right strategies, you can build and grow a successful business. Prioritizing revenue-generating activities, building a strong network, making smart financial decisions, staying agile and adaptable, and being patient and persistent can make your bootstrapping successful.

#Entrepreneurship #Growth #opportunity #startupideas #startupgrowth #investors #venturecapital #entrepreneur #funding #challenges #sucess #startupfunding #impactinvestment #branding #impact #impactful #impactfulpitch #pitchdeck #business #startupchallenge #founders

[impactfulpitch]

Key Differences between a Pitch Deck and a PPT

In the world of business, communication is key. Whether you're looking to pitch a new product, make a sales presentation, or share information with your team, having the right tools and techniques can make all the difference. Two common tools that are often used for these purposes are pitch decks and PPTs. Although they can both be used for similar things, there are some significant variations between the two that are important to note.

Pitch Deck vs. PPT

A pitch deck is a visual presentation that's typically used to pitch a business idea or proposal to potential investors, clients, or partners. It's usually a streamlined presentation that includes key information about the business, such as its products or services, market opportunity, revenue model, team, and financial projections. The goal of a pitch deck is to convince the audience that the business idea is worth investing in or supporting.

A PPT, on the other hand, is a more general term for any type of presentation created using Microsoft PowerPoint or similar software. PPTs can be used for a variety of purposes, from presenting data to training employees. Unlike a pitch deck, there's no specific goal or outcome that a PPT is designed to achieve.

Purpose of a Pitch Deck and PPT

While both pitch decks and PPTs can be used for presenting information, they have different purposes. The primary purpose of a pitch deck is to convince the audience to take a specific action, such as investing in a business idea. In contrast, the purpose of a PPT is more general, and may be used for anything from sharing information to training employees.

Differences in the Goals of a Pitch Deck and PPT

Because the goals of a pitch deck and PPT are different, the design and layout of each should also be different. Pitch decks are typically more streamlined, with a focus on the most important information. 

They should be visually engaging and use images and graphics to help convey the key points. PPTs, on the other hand, can be more detailed and informational and may include more text and data. The goal of a PPT is to provide information, while the goal of a pitch deck is to persuade.

The Difference in Terms of Design and Layout 

The design and layout of a pitch deck and PPT should be tailored to the specific audience and purpose of the presentation. For example, if you're presenting to potential investors, a pitch deck should be designed to be visually engaging and persuasive. 

This might include using high-quality images, bold fonts, and clear, concise language. In contrast, if you're presenting data to your team, a PPT might be more detailed and informational, with graphs and charts to help convey the data.

The Difference in Terms of Content

While the design and layout of a pitch deck and PPT are important, the content is what really matters. The content of a pitch deck should be focused on the key points that are most important to the audience. This might include information about the business idea, the market opportunity, the team, and financial projections. 

In contrast, the content of a PPT will depend on the purpose of the presentation. For example, if you're presenting data, the content might include graphs, charts, and tables. If you're training employees, the content might include step-by-step instructions and visual aids.

In conclusion, using the right format for the right audience is crucial when it comes to business presentations. Whether you're creating a pitch deck to convince investors, or a PPT to train your team, it's important to tailor the design, layout, and content to the specific audience and purpose of the presentation.

By doing so, you can ensure that your message is conveyed effectively and that you achieve the desired outcome. Remember, the goal of a pitch deck is to persuade, while the goal of a PPT is to provide information. By keeping these differences in mind, and by using the appropriate format for the situation, you can create powerful presentations that get results.

#startup #impactfulpitch #fundraising #pitchdeck #business #enterpreneur #startuppitch #startupsidea #impact #impactful #presentación #investor

[impactfulpitch]

The Different Types of Pitch and When to Use Them

When you are in the business and startup industry, it is very much important to have a skill where you can communicate your ideas thoroughly. Whether you're introducing yourself or your business, trying to persuade a potential customer, seeking funding or investment, or presenting your business to partners or investors, knowing the different types of pitches and when to use them can make all the difference. In this article, we'll explore the various types of pitches and provide insights into when and how to use them to achieve your desired outcome.

Elevator Pitch

An elevator pitch is a succinct and clear summary of your concept, product, or service. The objective is to quickly pique the listener's attention. The term "elevator pitch" refers to the notion that you should be able to make your proposal in the 30 to 2 minutes it takes to ride an elevator.

An elevator pitch is useful in situations where you meet someone new, and you want to introduce yourself or your business quickly. You can use it in networking events, job interviews, or casual conversations. It's essential to keep your pitch simple, clear, and engaging.

Sales Pitch

The objective of a sales pitch is to convince the audience to purchase your product or service. It's usually more in-depth than an elevator pitch and can last anywhere from a few minutes to an hour. A sales pitch often involves presenting the benefits and features of your product, demonstrating how it solves the customer's problem and showing why it's better than the competition.

You can use a sales pitch in a one-on-one meeting with a potential customer, in a sales presentation to a group, or in a sales video. The secret is to understand your target market and adjust your proposal to appeal to their unique requirements and interests.

Business Pitch

A business pitch is a comprehensive presentation that outlines your business model, revenue streams, marketing strategy, and financial projections.A business pitch's objective is to attract financial support or financing for your enterprise. Depending on the situation, it could last for five minutes or an hour. 

You can use a business pitch in a pitch competition, when seeking funding from investors, or when presenting your business to potential partners. It's essential to have a clear and compelling story that demonstrates the potential of your business and how you plan to execute your vision.

Investor Pitch

An investor pitch is a specific type of business pitch that targets potential investors. The goal is to secure funding for your business or startup. An investor pitch often includes a detailed analysis of your market, competitors, financials, and team.

Investor pitches can be difficult because they want to see a significant yield on their investment. Knowing your target and being aware of their investment requirements are crucial. An investor pitch can be anywhere from 15 minutes to an hour, depending on the investor's preference.

Conclusion

In conclusion, understanding the different types of pitches and when to use them can be a valuable skill for anyone who wants to communicate their ideas effectively. When you want to describe yourself or your company quickly, an elevator pitch can be helpful. When you want to convince consumers to purchase your product or service, a sales pitch works well. A business pitch is necessary when seeking funding or investment for your business, and an investor pitch targets potential investors.

Remember, the key to a successful pitch is to know your audience, tailor your message to their needs, and be confident and engaging. You can make a pitch that leaves a lasting impact on your audience by keeping these suggestions in mind.

#entrepreneur #funding #challenges #sucess #growth #startupfunding #impactinvestment #branding #impact #impactful #impactfulpitch #pitchdeck #business #startupchallenge #blogpost #founders #types

[impactfulpitch]

The Art of Creating an Effective Video Pitch: A Comprehensive Guide

Video pitches are becoming increasingly popular for businesses and startups to introduce themselves to potential investors, partners, and clients. A well-crafted video pitch can be an effective way to convey your message and differentiate yourself from the competition. In this article, we’ll provide you with a comprehensive guide to creating an effective video pitch that can help you achieve your goals.

Defining Your Message

The first step in creating a video pitch is to define your message. Start by identifying your target audience and understanding what they want and need. You can determine your unique selling proposition if you have a firm grasp of your target market. What distinguishes your company from others? What benefit do you provide? You must develop a clear, succinct message that effectively communicates your value offer to your target audience.

Planning Your Video

When you've decided on your message, you must plan your video. Decide the tone you want your pitch to have. Depending on your audience and message, this might be serious, funny, or inspirational. It's crucial to construct a storyboard outlining the essential components of your video. This makes it easier for you to stay on task and guarantees that you cover all the crucial details in a logical sequence.

Scripting Your Video

While creating a video pitch deck, one of the most crucial things is to determine how would be your script for the video. I would recommend using layman's language to create the scrpit, in order to make your audience easily understand the business or your product. Using technical or jargon terminology would confuse them. Make sure your message is clear and that your script flows properly.

Filming and Editing

It's time to start filming your video after you have your script. Make sure your video and audio are of a high calibre by using a good camera and microphone. Lighting is also an important consideration. Poor lighting can make your video look unprofessional, so make sure you use proper lighting. After filming, you need to edit your video. This is where you can add captions, music, and other special effects that enhance your message.

Adding Visual Elements

Adding visual elements to your video can make it more engaging and help convey your message more effectively. Graphics, animations, and other visual effects can help bring your message to life. Using visual components strategically is crucial, though. Avoid adding too many graphics to your video as this may divert viewers from your content.

  

Creating a Compelling Call to Action

Every good video pitch should have a strong call to action. In this section of your video, you should instruct your viewers on what to do next. This can be to make a purchase, set up a meeting, or subscribe to a newsletter. Your call to action should push your audience to act by inspiring them to do so.

Final Tips for Success

To ensure that your video pitch is successful, there are a few final tips to keep in mind. In order to make your pitch fluent, make sure to rehearse it multiple times. In order to enhance your pitch, get other people's opinions. Lastly, make sure that your video pitch is accessible and shareable. Post your video to a video-sharing platform like YouTube or Vimeo and share the URL with your audience.

Conclusion

Creating an effective video pitch requires careful planning and execution. By defining your message, planning your video, scripting, filming and editing, adding visual elements, and creating a compelling call to action, you can create a video pitch that resonates with your audience and helps you achieve your goals. By following these steps, you can create a pitch that sets you apart from the competition and helps you succeed in the world of business.

#startup #impactfulpitch #fundraising #pitchdeck #business #enterpreneur #startuppitch #startupsidea #impact #impactful #investor #videopitch #startup pitch

[impactfulpitch]

Revolutionizing the Startup World: The Transformative Power of Technology

Startups are freshly established firms that are in the early phases of development. These companies are usually founded by entrepreneurs who seek to develop a unique business idea and bring it to the market.

Over time, technology has played a bigger and bigger part in startups. The way startups function has been completely transformed by technology, which has also provided a variety of development and success opportunities. This article will examine the significance of technology for startups, as well as its advantages, difficulties, and futures.

The importance of technology in the startup world

Technology plays a crucial role in the startup world, as it can help to level the playing field between small startups and large, established corporations. By leveraging technology, startups can compete with larger companies and gain a competitive advantage in the market.

With the advent of cloud computing, big data analytics, and mobile technologies, startups can access powerful tools and resources that were previously only available to larger organizations.

The benefits of technology for startups

A. Increased efficiency and productivity

Startups can improve their efficiency and productivity by streamlining their processes and using the appropriate technological solutions. For instance, startups can use project management tools to track progress, automate routine tasks, and enhance collaboration among team members.

B. Better data analysis and decision-making

Data is an essential asset for startups, as it can help them make informed decisions and identify opportunities for growth. By using data analytics tools, startups can collect and analyze data, gain valuable insights, and make data-driven decisions.

 C. Cost savings and cost-effective operations

Technology can help startups to reduce their operating costs and improve their profitability. For example, cloud computing allows startups to access powerful computing resources without having to invest in expensive hardware and infrastructure.

The challenges of technology for startups

A. Keeping up with rapidly changing technology

Technology is constantly evolving, and startups must stay up-to-date with the latest developments to remain competitive. Failure to keep up with emerging technologies can lead to a competitive disadvantage.

B. Attracting and retaining top tech talent

Startups must attract and retain top tech talent to develop and implement effective technology solutions. However, competing with larger organizations can be challenging, as startups often have limited resources and must offer competitive compensation packages to attract the best talent.

C. Overcoming the high costs of implementing technology

Technology solutions can be costly, and startups may face challenges in acquiring the necessary funding to implement them. Startups must carefully balance their investment in technology with other essential expenses, such as marketing and product development.

Future of technology and startups

The future of technology presents several emerging trends that can have a significant impact on startups. These trends include artificial intelligence, blockchain, and the Internet of Things (IoT).

Artificial intelligence (AI) is expected to transform the way startups operate by automating routine tasks, improving data analysis, and enhancing customer experience. Blockchain technology can provide startups with a secure and transparent way to store and manage data, while IoT can help startups to collect data from connected devices and use it to optimize their operations.

Final Thoughts:

Startups must embrace technology and leverage it to achieve their business objectives and goals. By continuously monitoring emerging trends, developing a technology strategy, investing in training and development programs, and partnering with technology experts, startups can stay ahead of the curve and continue to grow and succeed. However, startups must also carefully balance their investment in technology with other essential expenses and ensure that their technology solutions align with their business needs and goals.

#startup #impactfulpitch #fundraising #pitchdeck #business #enterpreneur #startuppitch #startupsidea #impact #impactful #investor

[impactfulpitch]

The Role of Investors in Shaping the Future of the Business Ecosystem

A business ecosystem is a network of organizations and individuals, including suppliers, customers, competitors, and regulatory agencies, that are interconnected and interdependent, and that together create value for all participants.

Investors play a crucial role in shaping the future of business ecosystems by providing the financial capital necessary for growth and development, and by making strategic investment decisions that influence industry trends and drive innovation.

The purpose of this article is to explore the role of investors in shaping the future of business ecosystems and to examine the ways in which they influence the development of industries and the market.

The Influence of Investors on Business Ecosystems

A. Investment Capital: Investors provide the financial capital that businesses need to grow and succeed. Without access to capital, many businesses would be unable to develop new products, expand into new markets, or invest in new technologies.

B. Investment Decisions: Investors also play a key role in shaping the future of business ecosystems by making investment decisions that have a significant impact on industry trends and the development of new technologies. By investing in emerging technologies, for example, investors can help spur innovation and drive growth in new industries.

C. Impact on Industry Trends: Investors can also influence industry trends by choosing to invest in specific sectors, such as technology, energy, or healthcare. This investment can create new opportunities for businesses in these sectors, as well as drive competition and innovation.

Types of Investors and Their Role in Shaping Business Ecosystems

A. Venture Capitalists: Venture capitalists are investors who provide capital to early-stage companies with high growth potential. They play a critical role in shaping the future of business ecosystems by providing the resources necessary for startups to develop their ideas and bring new products to market.

B. Private Equity Firms: Private equity firms invest in mature companies that have established revenue streams and a proven track record. They play a role in shaping business ecosystems by providing the capital necessary for these companies to grow and expand their operations.

C. Angel Investors: Angel investors invest in early-stage companies. They play a role in shaping business ecosystems by providing seed capital and mentorship to entrepreneurs and helping to bring new ideas and technologies to market.

Ways Investors Shape Business Ecosystems

A. Investment in Emerging Technologies: Investors play a key role in shaping the future of business ecosystems by investing in emerging technologies and innovations. This investment can help spur innovation, create new industries, and drive economic growth.

B. Support for Entrepreneurs: Investors also play a role in shaping business ecosystems by providing support for entrepreneurs. This support can come in the form of mentorship, access to resources, and capital. This support can help entrepreneurs bring their ideas to market and grow their businesses, helping to drive innovation and growth in the ecosystem.

C. Investment in Social and Environmental Initiatives: Investors are increasingly recognizing the importance of social and environmental initiatives, and are making investments in companies that are committed to these initiatives. This investment can help shape business ecosystems by promoting sustainable practices and supporting companies that are making a positive impact on the world.

In conclusion, investors play a crucial role in shaping the future of business ecosystems by providing financial capital, making strategic investment decisions, and supporting entrepreneurs and emerging technologies. Their investment and support can drive innovation, create new industries, and promote sustainable practices.

As the world continues to evolve and change, the role of investors in shaping the future of business ecosystems is likely to become even more important. As new technologies emerge and industry trends shift, investors will play a key role in determining which companies and initiatives succeed and which fail.

Final Thoughts: 

Ultimately, the role of investors in shaping the future of business ecosystems is to help create a better world by supporting innovation, promoting sustainability, and fostering economic growth. By making strategic investment decisions and providing support to entrepreneurs, investors have the power to shape the future and drive positive change in the world.

#startup #impactfulpitch #fundraising #pitchdeck #business #enterpreneur #startuppitch #startupsidea #impact #impactful #investor #funding #ecosystem #growth

[impactfulpitch]

Why Angel Investors May Reject Funding for Your Startup

Securing funding from angel investors is crucial for many startups, but it can be a challenging task. Angel investors are often high-net-worth people that offer funds in return for shares to early-stage firms. However, getting them to invest in your company is not always easy. 

There are several reasons why angel investors might say no to funding your venture. These reasons can include a lack of trust in the management team, unrealistic valuations, unclear exit strategies, and poor research. It's essential to understand why potential investors might reject your proposal and to take steps to avoid these pitfalls. 

This can increase the chances of success in raising capital and move your business forward. In this article, we will explore some of the reasons why angel investors might say no to funding your venture and provide insights on how to avoid them.

Investors find you untrustworthy: 

Trust is crucial when it comes to securing funding from angel investors. If investors perceive you as untrustworthy, it's unlikely they will invest in your company. This could be due to a lack of honesty and transparency in your communication, or a history of shady business practices. To avoid this, it's essential to be transparent and honest with your investors and to establish a strong reputation in the startup community.

Lack of research: 

Angel investors want to see that you've done your homework before approaching them for funding. If you haven't conducted thorough research on your market, competitors, and business model, they will likely reject your proposal. To avoid this, make sure to conduct extensive research and provide detailed data to back up your claims.

Unrealistic valuation and/or investment terms: 

Valuation is one of the most critical factors in securing funding from angel investors. If your valuation is too high, investors will be less likely to invest, as they will see a lower potential for return on their investment. Similarly, if your investment terms are too onerous, investors may be hesitant to invest. To avoid this, make sure to conduct thorough research on industry standards for valuation and investment terms, and use this information to set realistic expectations for your company.

Poor management team: 

Angel investors invest in people as much as they do in ideas. If your management team lacks the necessary skills, experience, and vision to execute your business plan, investors will be less likely to invest. To avoid this, make sure to assemble a strong management team with the necessary skills, experience, and vision to execute your business plan.

Unclear exit strategy: 

Angel investors are looking for a return on their investment, and they need to know how they can exit their investment. If you don't have a clear exit strategy, investors will be less likely to invest. To avoid this, make sure to have a clear exit strategy in place, and communicate this to potential investors.

In conclusion, getting funds from angel investors might be difficult, but it is not impossible. By understanding the reasons why investors might say no to funding your venture, you can take steps to avoid these pitfalls and increase your chances of success. Remember to be transparent and honest, conduct thorough research, set realistic expectations, assemble a strong management team, and have a clear exit strategy in place.

#startup #impactfulpitch #fundraising #pitchdeck #business #enterpreneur #startuppitch #startupsidea #impact #impactful #investor #entrepreneur #ecosystem #funding #strategies #management #team

[impactfulpitch]

Creating a Pitch Deck That Impresses: The Benefits of Using Our Pitch Deck Builder

Creating a pitch deck can be challenging, especially when seeking funding. But what if I tell you that there's a way to make it easier and more efficient?

Introducing our Pitch Deck Builder - a unique offering that sets us apart from our competitors. With this tool, entrepreneurs and businesses can streamline the process of creating a pitch deck and focus on what really matters - delivering a compelling pitch that will secure funding. Say goodbye to the tedious process of manual deck creation and let our technology do the work for you. Please have insights into the unique features offered by our Pitch Deck Builder.  

1) FREE Pitch Deck Services

A pitch deck is important for attracting investors and partners, but creating one can be time-consuming, and difficult to know where to begin. That's where our Free Automated Pitch Deck builder comes in. We understand the importance of a strong pitch deck, which is why we've created a tool that takes the stress out of the process. 

Our automated pitch deck builder guides you through the process step-by-step, and it's easy to use. Plus, it's completely free. With our tool, you can create a professional-looking pitch deck in no time, without any designer or technical skills. Don't let creating a pitch deck hold you back from launching your business. Try our Free Automated Pitch Deck builder today and see the difference it can make.

2) Various Options to Create a Pitch Deck

We provide a total of 3 options to create a pitch deck -

Create a pitch deck from scratch - This option allows you to start with a blank slate and build your deck from the ground up. This is perfect for those who have a clear idea of what they want their deck to look like and how they want to present their information.

Create a pitch deck using ready-made templates - This option provides a wide variety of templates to choose from, making it easy for you to create a professional-looking deck in no time. Each template is designed to showcase different types of information and is tailored to different industries.

Create an automated pitch deck - This option is perfect for those who want to save time and let technology do the work for them. Our automated system creates a pitch deck tailored to your business and industry, based on the provided information.

Our pitch deck builder is the perfect tool for creating professional and polished presentations that stand out. With a wide range of design options, you can customize your pitch deck to fit your brand's aesthetic and make it truly unique. 

Choose from multiple different shapes, sizes, and colours to create a visually stunning deck that captures your audience's attention. You can easily showcase your products or services by adding multiple images. Additionally, our pitch deck builder offers a variety of text options, including different colours, so you can make sure your message is clear and on-point.

3 ) Customizable Design Options: Shapes, Sizes, and Colors 

Our pitch deck builder is the perfect tool for creating professional and polished presentations that stand out. With a wide range of design options, you can customize your pitch deck to fit your brand's aesthetic and make it truly unique. 

Choose from multiple different shapes, sizes, and colours to create a visually stunning deck that captures your audience's attention. You can easily showcase your products or services by adding multiple images. Additionally, our pitch deck builder offers a variety of text options, including different colours, so you can make sure your message is clear and on-point.

4) Downloadable in PPT & PDF: Flexible Presentation Format

Our pitch deck builder offers the flexibility to download your presentation in multiple formats, including PPT and PDF, so you can share it with ease. This allows you to present your pitch deck on a variety of platforms, whether it be in a physical meeting or online. 

Additionally, our builder does not add any watermarks to the downloaded files, ensuring that your presentation is professional and polished. With the ability to download your pitch deck in multiple formats, you have the freedom to share your presentation with anyone, anywhere and at any time, giving you the freedom to present your pitch deck in a way that best suits your needs.

#startuppitch #pitchdeck #pitchdeckservices #business #entrepreneur #ecosystem #impactfulpitch #funding #growth #impact #impactful #services #freebies #products

[impactfulpitch]

Working for Startup VS. MNCs: Which one is better?

When it comes to choosing between a career at a startup or a large multinational corporation (MNC), there are pros and cons to both options. Ultimately, what is best for you will depend on your personal goals and priorities. In this article, we will explore some of the key differences between working for a startup and working for an MNC, and help you decide which option might be the best fit for you.

Work Environment:

One of the main differences between startups and MNCs is the work environment. Startups are often known for their relaxed and flexible culture, where employees are given a lot of autonomy and can make an impact on the direction of the company. This can be very appealing to people who thrive in a fast-paced, innovative environment. On the other hand, MNCs tend to have a more formal and hierarchical structure, with established processes and procedures that employees are expected to follow. If you prefer a more structured work environment, an MNC might be a better fit for you.

Growth Opportunity:

Another important consideration is the potential for growth and advancement. Startups often offer more opportunities for employees to take on additional responsibilities and advance within the company. This can be especially appealing to people who are looking for a fast-track to leadership positions. However, the downside is that startups may not have the financial stability or resources of an MNC, which can make job security less certain. In contrast, MNCs tend to have a clear career progression path, with defined roles and promotions based on merit. However, competition for advancement may be more intense at an MNC, and it may take longer to reach leadership positions.

The Nature of the Task:

Another factor to consider is the type of work you will be doing. Startups are often focused on developing new products or technologies, which can be very exciting and rewarding for employees who are passionate about innovation. On the other hand, MNCs may offer a more diverse range of products and services, but the work may be more predictable and incremental in nature. If you are someone who enjoys tackling new challenges and being at the forefront of change, a startup might be the right choice for you. However, if you prefer a more stable and predictable work environment, an MNC might be a better fit.

Payscale & Compensation:

Compensation is another important consideration when choosing between a startup and an MNC. MNCs tend to offer more comprehensive benefits packages, including health insurance, retirement plans, and other perks. Startups, on the other hand, may not be able to offer the same level of benefits but may compensate employees with equity in the company. This can be a good option for people who are willing to take on more risk in exchange for the potential for a larger payout down the line. However, it is important to carefully consider the trade-offs and make sure you are comfortable with the level of risk involved.

Company Culture:

Finally, it is important to consider the company's culture and values when deciding between a startup and an MNC. Startups often have a more collaborative and inclusive culture, where employees are encouraged to take ownership of their work and contribute to the direction of the company. MNCs may have a more hierarchical culture, with a greater emphasis on following established procedures and protocols. If you thrive in a collaborative and innovative environment, a startup might be the right choice for you. However, if you prefer a more predictable and structured work environment, an MNC might be a better fit.

In conclusion, there are pros and cons to both working for a startup and working for an MNC. It ultimately comes down to personal preference and what you value most in your career. Consider your goals, priorities, and the type of work environment that would best suit you, and choose the option that aligns best with those values.

#startup pitch #business #entrepreneur #startup #startupindia #mnc jobs #jobs #investors #funding for startups #fundrasier #workspace #work environment

[impactfulpitch]

Top government schemes for startups in India

The Indian government has established a definition of a startup as an organization that is less than seven years old, has its headquarters in India, and has a yearly revenue of fewer than 250 million rupees. Such smaller-scale firms are accelerated by government startup programmes, which ultimately support the expansion of the Indian economy as a whole.

We all know that demonetization and Covid-19 had a huge effect on India's economy, hence the best method to stimulate the economy is to assist Indian entrepreneurs and MSMEs. Therefore, we will learn about the top central government programmes for startups and MSMEs in this post.

Startup India Initiatives

The Indian government's Startup India Scheme is a programme whose primary goals are the growth of new businesses, or startups, as well as employment and prosperity. On January 16, 2016, our PM launched it in New Delhi.

If new Indian startups meet specific requirements, they may benefit from this program's administrative and tax breaks, capital growth tax exemptions, and access to government investment.

In addition, a system of self-accreditation agreements for the main labour and conditions regulations is set up, and for the first three to five years after the business's launch, there won't be any inquiries.

ATAL Innovation Mission

The Indian government's Atal Innovation Mission aims to cultivate and advance an innovative and entrepreneurial culture. With platforms and opportunities for stakeholder engagement, AIM's objective is to establish new programmes and policies for supporting innovation across the economy. It also aims to build an umbrella structure to manage the nation's innovation and entrepreneurship ecosystem.

AIM adopts a comprehensive strategy to assure the development of a problem-solving, inventive attitude in educational institutions and the promotion of an entrepreneurial ecosystem in the commercial, MSME, university, and research sectors. MIS systems that operate in real-time and dynamic dashboards are being used to monitor and manage each.

In order to guarantee ongoing improvements, AIM is also now having its programmes examined by other organizations.

The eBiz Portal

The eBiz, India's first Government-to-Business (G2B) portal, has been launched by the Ministry of Commerce and Industry with the goal of reforming and building a favorable business environment in the nation.

The platform, which Infosys built in a public-private collaboration, would provide investors and the business community in India a one-stop shop for G2B services. The portal will aid in decreasing the long waiting times and hassles associated with getting information and services.

The website can be used by businesses that are already operating in India or those who want to do so to get licences, approvals, clearances, no objection certificates, permits, and even to file taxes.

Grants Multiplier Scheme

The Department of Electronics and Information Technology (DeitY) is implementing the Multiplier Grants Scheme (MGS). MGS wants to encourage industrial, academic, and R&D group collaboration on R&D for the development of goods and packaging. 

If industry contributes to R&D for the development of products that can be marketed at the institution level, the initiative will be implemented. In addition, the government will provide an equal sum. The plan requires the industry and the institutions to submit joint applications for financial support.

The program's objective is to persuade companies to work together on product development with leading academic and governmental R&D institutions.

Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTSME)

CGTSME is one of the most significant Startup Loan Schemes offered by India's Ministry of MSME. A collateral-free loan of up to Rs 1 crore is given to qualified startups and MSMEs under this government programme.

The loan is distributed by the Ministry of MSME and Small Industries Development Bank of India through a trust called Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) (SIDBI).

MUDRA Yojana:

The Pradhan Mantri Yojana was introduced in 2015. The main intention of this scheme was to assist small businesses to grow and expand. Under this programme, businesses from profit and nonprofit sectors can apply for loans. The maximum limit of amount to be given is Rs. 10 lakh.

The Pradhan Mantri Mudra Yojana offers MUDRA Loans (PMMY). Micro-Units Development and Refinance Agency are what MUDRA stands for. According to the Sishu, Kishor, and Tarun categories, borrowers can obtain business loans via this programme in the range of Rs. 50,000 to Rs. 10 lakh.

#startup #ecosystem #government #scheme #entrepreneur #business #impactfulpitch #impactinvestment #impact #startupindia #investors #funding

[impactfulpitch]

Ways to Find Investors for Your Small Business

Having the thought of starting your own business excites everyone. However, the journey of starting your own business comes with a lot of challenges. Many budding entrepreneurs have billion-dollar ideas. However, they somehow struggle with finding the right path to convert their billion-dollar ideas into successful businesses.  

One of the major challenges every entrepreneur faces is finding the right set of investors for their small businesses. In this article, we’ll discuss the different ways you can get funding for your business. Let’s start!

Start with your inner circle

When your business is valued under $1 mn, you should first start finding investors within your inner circle. It is always good to consider your near dear ones. As you know them inside out and vice-versa. 

Approach your idea to your friends and family. When they see potential in your idea and they believe in your idea, they would be the first ones to invest. Getting an investment from family and friends is often one of the easiest things. They will work as a trusted source of financial support. 

Despite the fact that you will have a personal relationship with these investors, it is crucial that you act professionally at all times. Create an investment agreement that is legally binding. To safeguard your relationship and your business, you need to establish unambiguous rules and boundaries.

Look out for small business loans

If you need capital to start your own business or grow an existing one, you may apply for a startup business loan from a bank or other financial institution. The amount of the loan you have requested and the length of the payback period will decide the bank's interest rate.

These loans are provided by banks and other RBI-regulated financial service providers. A small company loan up to Rs. 2 crores has the advantage that it may be used for many purposes at once, including the acquisition of goods or equipment, simplifying your working capital, and paying off urgent obligations. So, this can be one of the best ways to find funding for your small business.

Think about crowdfunding

Crowdfunding is a popular option for fundraising these days. Platforms for crowdfunding give company owners a way to raise funds online. For various tasks that you need to generate money for, you may create a campaign. Numerous alternatives exist for crowdsourcing.

Rewards-based crowdfunding

Donation-based crowdfunding

Peer-to-peer lending

Equity crowdfunding

Lookup angel investors

Finding an "angel investor" is the secret to success for business owners just starting out. This is a wealthy private investor who can provide a sizable amount of capital to a company. Startups are funded by angel investors in the early stages of operation.

Usually, they will get this financing in return for a sizable ownership stake in the business they choose to invest in. It's dangerous to invest in a tiny firm or startup at such an early stage of development. Typically, an angel investor is risking their own funds. Nearly all accredited investors are angel investors.

Make use of social media

Business owners may benefit greatly from using social media. Spend some time creating a digital presence for your company on the social media platforms of your choice, where you may grow a sizable fan base and eventually draw in investors. Post frequently about your company. 

Share and publish articles that demonstrate your expertise and enthusiasm for the subject matter. Engage your network by giving intelligent, motivating responses to other people's articles. Encourage anyone who has enjoyed using your product or service to provide a review online so that it may be seen by potential investors

Wrapping Up:

There are many various ways to find capital and investors for your company. Don't give up if one of your options fails. Resilience is crucial for running a successful business. The only way you can achieve this is to never let obstacles, whether they be financial or otherwise, deter you from working toward your objective.

#startupindia #startup #entrepreneur #angel investor #investors #business #businessplan #impactfulpitch #ecosystem #impactful #impact #pitchdeck #funding #markets #finance