Michigan State University

Ask a Librarian | Hours | Account     Support MSU Libraries

Funding for Business and Economic Development


A compilation of web pages and books for those seeking funding related to business and economic development. There is a separate web page for those looking for funding for community development.

These days, the old saying "It takes money to make money" has never been more true. Whether it's 50 bucks or $50 million, your new start-up will cost you something. But how can you tell what kind of funding is necessary and how much of it you will need? Here are the most frequently traveled paths to a bunch of different pots of gold. (1) Family and friends. (2) Bank Loans. (3) SBA loans. (4) Venture capital. (5) Angel funding. Note that grants are not one of the five most frequently mentioned options.

A common myth is that there are grants available for the startup of businesses. In fact, there are virtually no direct grant monies available for entrepreneurs. Another myth is that an entrepreneur doesn't need to have any money to put into the business. Very few businesses are entirely funded by parties other than the entrepreneur. You should be prepared to personally invest a significant portion of the capital required to start up your business.

Reality check! According to an article in Wall Street Journal's Startup Journal, about half of all small businesses finance their formation or expansion with credit cards, according to a survey by the National Small Business Association and Arthur Andersen. The same survey showed that only 6% were financed with an SBA loan, and just 2% received venture capital funding.

Reality check! : There are very few grants available for starting or expanding a business unless the business involves research and development or high technology. Many grants have caveats, such as:
  • They are available only for a specific group of people. Mainly: Research and development for high technology, biotechnology, military products and energy related products, and grants for people who will locate their business in a poor area and employ the people who live there.
  • You must compete with hundreds of other companies.
  • The money must be used for a very specific purpose. (You may not be able to pay your rent or mortgage with that money.)
  • Many government grants can be applied for only when they are announced in the Federal Register, or only during a small window of time once a year.
  • It often takes a lot of work to apply for a grant.
  • You often have to provide a personal guarantee (putting your house on the line) and/or take on responsibility for raising 10-30% of the finances from your own sources (e.g. savings, loans from relatives).
  • You often have to report on your use of the money, or follow particular rules.
  • You can explore the SBA's list of SBA Loan Programs, but you'll soon realize that most grants are not available for the typical business.
Here's what the Small Business Administration says about the pervasive idea that they give out grants to businesses:

"SBA does not offer grants to start or expand small businesses. SBA's grant programs generally support non-profit organizations, intermediary lending institutions, and state and local governments in an effort to expand and enhance small business technical and financial assistance." -- Source: SBA.

Reality check! : Federal Grants for Businesses Usually Only for R&D Ventures

" A significant percent of the clients I talk to as a volunteer counselor for the Service Corps of Retired Executives (SCORE) start out with words to the effect of "I understand that there are thousands of grants available to help small businesses."

These folks have seen TV infomercials where they try to sell a book or CD of grants available. The fact is that there are thousands of grants available, but they are primarily through the federal government to encourage research and development or human-resource services.

You don't have to buy a book to get these sources. Some internet sites you can check are;

Or try contacting the Michigan District Office of the Small Business Administration.

The SBA also coordinates the Small Business Innovation Research Program, which provides grant funds to business for R&D purposes only.

Although there is little money available from the federal government, there are outstanding programs to assist small businesses through the SBA loan program, technical resources from the Small Business Technology Development Centers and counseling services from SCORE.

There are also low-interest loans available from some municipalities to encourage a business to locate in a particular area.

The fact is that if you want to start a small business, you need to look at your own net worth.

When my wife and I started Entre Computer Services, we used my severance check from IBM, a second mortgage on our home, and wee gave up 49% of our business to five very good friends who invested the remainder of the funds we needed.

For assistance, call SCORE at 517-487-6340. SCORE is hosted by the Lansing Regional Chamber of Commerce.

Reality Check! The Truth About Government Small Business Grants Thinking about getting a government grant as a way to help finance your small business? You aren't alone. If you watch any T.V. (especially late night T.V.) or do much reading on the Internet sooner or later you will stumble on a tantalizing possibility for the small business owner: government grants. The holy grail of business financing (of any financing, really) a chunk of money that you never have to pay back. What could be better?


Let me start by saying: DO NOT PAY ANYONE FOR GOVERNMENT GRANT INFORMATION - NEVER, EVER, NEVER, EVER, NEVER! (If you need more reinforcement, copy the NEVER, EVER part and paste it again and again in your favorite text program until it fills the screen. If you still think it might be a good idea to pay for some "inside secrets" then ring your call button and Tommy will come hit you on the head with a tack hammer -- 10 bonus points for the movie title.) Visit The Truth About Government Small Business Grants


Web Sites | Books

Note: Some listings are filed by surname

Michigan residents may want to check out Small Business Resource Center via the Michigan Electronic Library (MeL): Learn how to start, finance or manage your small business. Resources include sample business plans, how-to guides, articles and websites. Note: Michigan residents or Michigan library access only.

34 Federal Programs to Assist Businesses
The Small Business Administration (SBA), the Department of Transportation (DOT), and the General Services Administration (GSA) provide the following assistance programs to large and small businesses in the form of training, counseling, and insured loans. EducationMoney.com repackages information from the Catalog of Federal Domestic Assistance in an interesting manner.
(Last checked 05/07/18)

Accion connects small business owners with the financing and advice it takes to create or grow healthy enterprises. Since 1991, the members of the Accion U.S. Network have lent to over 50,000 people in the U.S. Globally, Accion is a pioneer in microfinance, providing loans in over 30 countries through a network of partners. Featured loan programs include : Daycare business loans, Food & Beverage Small Business Loans, Start-Up Business Loans, and Regular Business Loans.
(Last checked 05/07/18)

Advance Grant Proof of Concept Fund
University technology transfer programs in Michigan now have a new pot of money to support their efforts, thanks to a state-supported fund that began accepting applications this week. The University Early Stage Proof of Concept Fund, also known as the Advance grant program, will help move research projects and technologies developed at Michigan universities from the discovery phase to commercialization. Michigan State University will oversee the program and provide "resources and specialized services" to the awarded projects. Rich Chylla, executive director of MSU's technology transfer office, says the fund was approved by the legislature last fall in an effort to de-risk or scale early-stage technologies to make them more attractive to potential investors or development partners.
(Last checked 05/07/18)

Amber Grants for Women in Business
Deadline : varies
Our primary focus is assisting women who are trying to start small businesses, home-based or online. The grants are small, usually $500 to $1000, and are intended to be used to upgrade equipment, pay for a web site etc - the small but essential expenses that can often make the difference between getting started or being forever stalled. No repayment is required or expected, although it is hoped that you will pass on the kindness by mentoring and helping others along the way.
(Last checked 05/07/18)

Amherst Fund
This Ann Arbor firm makes venture capital investments (with focus on early stage companies) and private equity investments (with focus on later stage companies) across a broad range of industries.
(Last checked 05/07/18)

Ann Arbor Angels
The Ann Arbor Angels (A2A) is a collaborative non-profit organization dedicated to bridging the gap between angel investors and early stage technology-based companies in Southern Michigan. The focus of the organization is to facilitate private equity and debt financing.
(Last checked 05/07/18)

Apjohn Ventures (Kalamazoo, MI)
The Apjohn Ventures Fund is an early stage life sciences venture capital fund based out of Kalamazoo, Michigan established to invest primarily in early stage life sciences companies across the Midwest. The goal of the fund is to provide investors with superior financial returns by making equity investments in innovative life sciences companies with sustainable and outstanding growth potential. It is one of the few venture firms in Michigan and in the Midwest with experience and focus in biotech investing within the life sciences sector. The attractions of the fund to potential companies and investors alike include the fund's depth of pharmaceutical and biotech industry expertise and networks, strategic business perspective, operational and financial expertise, syndication deal experience with angels and regional and national venture capital funds, M&A and IPO background and relationship with the Apjohn Group. For more information on the fund, please contact Mina Patel Sooch (248.681.9815) or Donald R. Parfet (269.349.8999).
(Last checked 05/07/18)

Arboretum Ventures
Ann Arbor, MI Arboretum Ventures is a $24 million venture capital firm based in Ann Arbor, Michigan that invests in seed and early-stage healthcare and life sciences opportunities, primarily in the Midwest. Arboretum focuses on companies developing novel technologies in medical devices, diagnostics, drug discovery and health care information technology. Located in Ann Arbor, Michigan, Arboretum invests throughout the United States, with an emphasis on the upper Midwest. The venture capital firm handles its investments with a hands-on, constructive approach, combining entrepreneurial experience with established relationships in the healthcare and medical technology industries. The end result is developed businesses and outstanding returns for their entrepreneurs and investors. For additional information, please contact Jan L. Garfinkle or Timothy B. Petersen (734.998.3688).
(Last checked 05/07/18)

Battle Creek Unlimited
Battle Creek Unlimited, a business development and funding group, has announced a partnership that will help start-up businesses in southwestern Michigan get up and running. BCU in partnership with Factotem, a business accelerator and design-build company, will build a virtual business incubator. The incubator will provide a comprehensive array of tools, links, resource contacts and information that will help entrepreneurs commercialize their ideas and accelerate that process by bringing the right people and resources together in a virtual environment.
(Last checked 05/07/18)

Business Grants from the State of Michigan, try the Michigan Electronic Gants Administration and Management System Portal (EGrAMS).

Business Grants Available from the U.S. Government
Posted in the Catalog of Federal Domestic Assistance (CFDA)
Try searching business as a keyword.
(Last checked 05/07/18)

Business Grants from the U.S. Government
Posted on Grants.gov
(Last checked 05/07/18)

Business.usa. gov
The federal government does not provide grants for starting and expanding a business. However, this portal will provide links to many related sources of information. On October 28, 2011, the President issued a challenge to government agencies to think beyond their organizational boundaries in the best interest of serving America's business community, and start thinking and acting more like the businesses they serve.
(Last checked 05/07/18)

C&A Foundation
A corporate foundation whose mission is to transform the fashion industry. We do this by providing financial support, expertise, and networks to enable brands, NGOs, and other changemakers to make the fashion industry work better for every person it touches. Our work is focused on four areas that we believe will have the biggest impact for people: accelerating organic cotton and other sustainable materials, improving working conditions, eradicating forced and child labour, and strengthening communities. We believe that advancing the rights of women is fundamental for industry transformation.
(Last checked 05/07/18)

Capital Community Angel Investors (East Lansing)
Angel investors are high-net worth people who pump their own money into early stage companies. These risky investments often are needed before bankers or venture capitalists will consider investing themselves. Capital Community Angels includes about 17 people. Eight were involved in this investment, said Loic Couraud, founder and administrator of the group. Its membership list is not public. In August, the group invested $250,000 in XG Sciences Inc., a nanotechnology company that makes small particles that can be added to other materials to improve or change their characteristics.
Capital Community Angels has also chosen to infuse more than $250,000 into BoroPharm, a spinoff of Michigan State University chemistry technology. The company, which has a sales office in Novi and laboratory space in East Lansing, makes boronic acid compounds, building blocks used by chemical makers, pharmaceutical companies and the electronics industry.
Source : Jeremy W. Steele, "'Angel investors' boost area startup", Lansing State Journal, July 22, 2008.
(Last checked 05/07/18)

CB Insights (Venture Capital Database)
**Register for a CB Insights account using your MSU email address.**
CB Insights is a venture capital database and angel investment database that provides daily real-time information about venture capital and angel investor-backed startup companies, venture capital companies, angel investors and transactions in the United States. Identify deal flow, sales leads, prospects and venture capital companies.
(Last checked 05/07/18)

Count Me in For Women's Economic Independence
An internet-based organization that raises money to make small-business loans to women.
(Last checked 05/07/18)

Crest Capital
Crest Capital is an Equipment Finance and Equipment Leasing company that provides businesses with the funds they require to obtain the equipment they need. Regardless of the strength of the economy or the current economic climate, Crest understands that solid businesses still wish to grow, and strives to provide easy financing at great rates, with the fastest approval time in the industry. Their web site contains interesting articles such as:
(1) Why Most Commercial Lenders Do Not Provide Loans To StartUp Businesses
(2) Equipment Financing and The Five Cs of Credit Evaluation
For more information contact Walt Edwards walte2001@gmail.com.
(Last checked 05/07/18)

Department of Housing and Urban Development (HUD)
If your community is a HUD Empowerment Zone, an Enterprise Community, an Urban Renewal Community, or a Rural Community, tax benefits may be available for businesses that expand, start, or relocate there.
(Last checked 05/07/18)

Detroit Venture Partners
Focuses on rebuilding the Detroit area by assisting entrepreneurs in growing meaningful businesses in the digital media, marketing technology, social media, e-commerce, software, and sports and entertainment sectors.
(Last checked 05/07/18)

Downtown Lansing Economic Area Partnership (LEAP)
Fund Lansing is aimed to assist companies and individuals in greater Lansing who are raising investment through web-based crowd funding platforms.
(Last checked 05/07/18)

Economic Development Grants Form the State of Michigan
try the Electronic Grants Administration and Management System Portal

EDF Ventures (Ann Arbor, MI)
EDF Ventures is a national venture capital firm currently managing $170 million of private equity investments. Since forming its first fund in 1995, EDF Ventures has played a leadership role in providing venture capital to more than 30 emerging technology companies. EDF Ventures identifies its investments by partnering leading universities, research institutions and companies together and commercializing their technological advancements. EDF Venture's portfolio of investments includes a concentration of early stage companies whose technologies address large, well recognized problems or transform existing health care and technology markets. The fund's managers are committed to making their investments a long term success and bringing important new technologies to market. The fund concentrates on the untapped markets of the Midwest and Southern California, but does exclude the strategic opportunities offered by the Bay Area and Boston. For more information on the fund, please contact Mary Campbell, Mike DeVries or Beau Laskey (734.663.3213).
(Last checked 05/07/18)

Entrepreneur's Top Investors in Early-Stage Startups (2014)
Are you on the hunt for venture capital to start or grow your business? If so, you've come to the right place. Here are the information and resources you need to initiate, negotiate and close the deal. We've got a listing of the top 100 venture capital firms in the United States and plenty of articles that will help you learn how to get to the deal-closing handshake. So read on to find out how to find a VC firm that's a perfect fit for your business.
(Last checked 05/07/18)

This web site sponsored by the Ewing Marion Kauffman Foundation provides resources covering many topics of interest to entrepreneurs, including starting and growing a business, and supporting entrepreneurship.
(Last checked 05/07/18)

Federal Business Opportunities
Review federal business opportunities posted over the last 30 days.
(Last checked 05/07/18)

Federal Programs to Create Jobs
The Department of Labor and other Federal agencies provide the following programs to stimulate industry and generate employment opportunities; facilitate the integration of employers and labor organizations; improve the quality of the workforce and reduce welfare dependency; and enhance the productivity and competitiveness of the nation's economy. EducationMoney.com repackages information from the Catalog of Federal Domestic Assistance in an interesting manner.
(Last checked 05/07/18)

Financing Small Business Enterprises: Sources of Information
A Business Brief Compiled by: Angela Wilson, Carolyn Larson, Shari Jacobson, Business Reference Services, Humanities and Social Sciences Division, Library of Congress, Washington 1994.
(Last checked 05/07/18)

Financing: Where to Find It
Offers an overview of finance options for entrepreneurs including angel investors, venture capital, government programs, bank loans, private equity financing, microloans, and direct strategic partnerships. Courtesy of Inc. Magazine.
(Last checked 05/07/18)

Grand Angels (Holland)
The Grand Angels is an angel network based in Grand Rapids, Michigan whose goals are to utilize its financial, intellectual and networking capital to promote the success of young growing companies and to enhance the economic development of West Michigan. The Grand Angels is committed both to making profitable investments and to community economic development. The Grand Angels is the only regional investment group that offers mentoring paired with a relatively patient exit strategy -- meaning invested funds may not need to be returned as quickly as would be expected by commercial or other investors. While Grand Angels investments are not geographically limited, the major focus is Michigan's Kent, Ottawa and Muskegon counties. The Grand Angels are members of the Angel Capital Alliance, an organization nurtured by the Ewing Marion Kauffman Foundation in Kansas City, Missouri, which continues to provide national leadership for the movement. For additional information, please contact Charles C. Stoddard (616-546-4559).
(Last checked 05/07/18)

Grants.gov : Current Federal Funding Opportunities for Business and Commerce
(Last checked 05/07/18)

Grants.gov : Current Federal Funding Opportunities for Employment, Labor, and Training
(Last checked 05/07/18)

GrantSpace : Where Can I Find Funding For-Profit Enterprises
Advice from the Foundation Center.
(Last checked 05/07/18)

Great Lakes Angels (Rochester)
The Mission of the Great Lakes angels organization is to organize and mentor angels and provide a forum for them to grow in knowledge and wealth and foster more of the same - to help invest in entrepreneurial companies in the region.
(Last checked 05/07/18)

Grow Michigan (Venture Fund)
A collaboration of Michigan bankers, the Michigan Economic Development Corp., and the Michigan Strategic Fund, said it had completed its initial round of capitalization and was beginning to seek firms to invest in. Grow MI will provide strategic management advice and risk capital in the form of subordinated "mezzanine" debt to Michigan's small businesses in a broad range of industries. Grow MI's loans, made in conjunction with senior loans, will be in the $500,000 to $3 million range. In addition to the Michigan Strategic Fund, commercial and community banks that have invested in Grow MI's fund are Fifth Third Bank, PNC, Huntington, The Private Bank, Crestmark Bank, Seaway Community Bank, The Bank of Holland, The Bank of Northern Michigan, and Mercantile Bank. Source : John Gallagher, "2 new sources of venture capital emerge in Michigan", Detroit Free Press, February 11, 2013.
(Last checked 05/07/18)

Huron River Ventures
Invests in early-stage, Michigan-based, energy technology, Cleanweb, and smart transportation companies offering innovative, cost-effective and higher performing products and solutions to large global problems.
(Last checked 05/07/18)

Idea Cafe's BizGrants
Idea Cafe's Conduit to Corporate $ Help
Most grants corporations give are to non-profit community groups, rather than for-profit businesses. But check out the options and other ways big companies will help small your company.
(Last checked 05/07/18)

Idea Cafe's BizGrants
Idea Cafe's Guide to Government Grants
You've got a great biz idea and all the waitresses at your favorite cafe say you can probably get a government grant to launch the biz. Logical thought, but the unfortunate reality is that the government doesn't easily give grants.
But, you say, on TV ads I hear about government grants all the time! Yes, the federal government gives grants, but they don't give money to folks just to follow a dream, start a new biz or buy out the boss. Instead, they give money to state and local agencies and nonprofit organizations and those groups use the money to accomplish the government's goals.
Get past the jargon and go direct to sources of government help -- we help you dig into the SBA, CFDA, SBIR STTR Grant Program, & many more!
(Last checked 05/07/18)

Idea Cafe's BizGrants
Idea Cafe's Innovation and Originality Grant
We are proud to open the new $1,000.00 Idea Cafe Innovation and Originality Grant. The grant competition is open for anyone who currently owns a business or is planning to start one. There's no fee to apply, no book to buy -- you just have to be a registered Regular at Idea Cafe. You'll submit your application online. The application deadline is November 1st, so don't procrastinate.
(Last checked 05/07/18)

Idea Cafe's Small Biz Grant Center
Provides information on obtaining grants from various funders, including the federal government. Idea Central also provides a few small grants.
(Last checked 05/07/18)

Invest Detroit
Invest Detroit manages a number of funds to support community and economic development in the City of Detroit.
(Last checked 05/07/18)

Invest Detroit Foundation
IDF promotes a higher quality of life for distressed communities, primarily in the City of Detroit through attracting new industry, encouraging the development of business, housing, transportation and other community resources. IDF provides loans and financial assistance to promote community development and combat community deterioration and economic blight. The IDF loan programs provide funding, generally in the form of loans, to qualified applicants to encourage revitalization and development. In concert with operating the loan programs, IDF also conducts programmatic activities that include planning, spearheading and developing strategies for urban revitalization.
(Last checked 05/07/18)

Invest Michigan! (Venture Funds)
The InvestMichigan! Program is a series of Funds focused on generating strong returns for investors and growing the next generation of Michigan companies. In order to support companies at different stages of development, the Program offers three distinct investment vehicles: Mezzanine Fund, Growth Capital Funds, and Michigan Opportunities Fund.
(Last checked 05/07/18)

Job Training Grants from the State of Michigan, try the Michigan Electronic Grants Administration and Management System Portal (EGrAMS)
(Last checked 05/07/18)

Kickstarter : A New Way to Fund and Follow Creativity
A funding platform for artists, scientists, and entrepreneurs. Post a description of a project you want funded, how much money you need, and a deadline. If enough people pledge the money that you need, everyone is billed. For funding goals that aren't reached, no one is charged. Since its inception in April 2009, more than 1,000 projects have been funded. Not a grant program! If anyone has used this program successfully, send a note to the web page editor.
(Last checked 05/07/18)

Lansing, Michigan Metropolitan Area Directory of Organizations Providing Assistance to Small Businesses and People Interested in Starting Small Businesses
Need help in starting a small business?
(Last checked 05/07/18)

Locating and Getting the Money You Need to Start a Business
Practical advice on start-up funding from Womanowned.com
(Last checked 05/07/18)

Michigan Economic Development Corporation
Community Development and Assistance
The Community Assistance Team (CATeam) was created in 2001 within the walls of the Michigan Economic Development Corporation. We are charged with being a community's first point of contact within state government. The CATeam is dedicated to helping Michigan communities; large and small, urban and rural. Our mission is to strengthen communities by ensuring access to economic development services and programs that cultivate sustainable projects that will build a strong foundation for the future of Michigan.
(Last checked 05/07/18)

Michigan Economic Development Corporation
Michigan Business Investment Capital Locator
See the MEDC capital locator tool to find and connect with capital providers that are active in Michigan and have interest in your company's stage and sector.
(Last checked 05/07/18)

Michigan Economic Development Foundation
Certified, founded in 1981, is a non profit company dedicated to assisting businesses in obtaining financing. We are happy to finance businesses anywhere in the state of Michigan. We have dedicated staff and a host of volunteers that make the SBA 504 Loan an excellent option for financing capital assets. EDF has three loan committees to review proposals for financing. The Kalamazoo and Grand Traverse Loan Committees were formed in 2004 and have a regional focus. The third loan committee is located in Grand Rapids, has been operating since EDF's inception and covers the entire state in its scope.
(Last checked 05/07/18)

Michigan State University Federal Credit Union Startup Loan
The startUP Loan is for entrepreneurs looking to start their business in the tri-county area: Ingham, Eaton, and Clinton County. Whether you're looking for financing to purchase equipment or space for your business, the startUP loan can help you jump-start your new idea. Services: Low-rate with credit limits up to $15,000; Terms as long as 36 months. Requirements: Plans to locate in Ingham, Eaton, or Clinton County; Completion of loan application and business plan. Eligibility: The startUP loan is only available to new businesses established in the previous two years in the tri-county area: Ingham, Clinton, and Eaton County.
(Last checked 05/07/18)

Michigan State University Federal Credit Union Jump Start Loan
Available through the Entrepreneur Institute, the Jump Start loan is a micro-loan program designed to help business with short term loans. They currently offer two levels; Level 1 provides the borrower with up to $1000 in funding and Level 2 provides a maximum of $2500. Services: Funds are to be used for inventory, equipment, licenses, and general business purposes. Requirements: The borrower's application must show a concrete plan for repayment. Eligibility: The Jump Start loan is only available to Lansing residents or businesses.
(Last checked 05/07/18)

Michigan Venture Capital Association
MVCA membership offers an opportunity to support the development, growth, and sustainability of Michigan in the entrepreneurial & investment community.
(Last checked 05/07/18)

Michigan Women's Foundation Angel Microloan Fund
A little bit of funding can go a long way in moving your business forward....There are several ways you can approach funding, including crowdfunding, micro loans or grants, and seeking seed investment. (See: recent crowdfunding law in Michigan)....The Michigan Women's Foundation Angel Micro Loan Fund program is now accepting applications on a rolling basis for female entrepreneurs and small business owners. This program provides loans from $2,500 - $34,000 for up to three years....You must show that you are beyond the idea stage, have put in some personal financing yourself (bootstrappin'), and attend one of their upcoming orientations. It's a great program if you're a female entrepreneur in need of financing....For more information check out their website, or email Kim Cross at kcross@miwf.org
(Last checked 05/07/18)

Money To Sart or Expand a Small Business
Think SBA loans, not grants. The About.Com web page also provides additional advice.
(Last checked 05/07/18)

My Own Business: A Free Internet Course on Starting a Business
This 12-session course is intended for both start-up and already operating businesses. The site is fully interactive with video clips, quizzes, feedback, and a tool to create your own business plan. Session 9 focuses on how to finance your business.
(Last checked 05/07/18)

National Venture Capital Association
The National Venture Capital Association (NVCA) is the trade association that represents the venture capital industry. It is a member-based organization. Its membership consists of venture capital firms and organizations who manage pools of risk equity capital designated to be invested in young, emerging companies. Currently, the NVCA represents 400+ member firms, representing the majority of venture capital invested in U.S. based companies.
(Last checked 05/07/18)

OPEN: The Small Business Network
Practical advice about financing sources for new businesses sponsored by the American Express Company.
(Last checked 05/07/18)

"Other People's Money"
A guide to the concept of leveraging OPM (or, "other people's money"). Advice from NuWire Investor, July 1, 2007.
(Last checked 05/07/18)

Plymouth Growth Partners
At Plymouth Growth Partners (formerly Plymouth Ventures), we invest in growth stage companies in the Great Lakes region with proven business models and strong teams -- that are ready to scale. Our mission is to pursue and achieve the next level, for every one of our companies.
(Last checked 05/07/18)

PrivCo (Venture Capital Database)
Provides information and financials for over 650,000 private companies, over 100,000 private market deals and venture capital funding, and over 18,000 private market investors. Find private company information, private investors, venture capital information, equity deals, M&A news, and more. Includes mostly companies in the U.S., Canada, and U.K. with a few others.
(Last checked 05/07/18)

Rural Information Center
Small Farm Funding Resources
(Last checked 05/07/18)

SBA Loans: Easier Said Than Done; Preparation can ease the SBA small business loan process
U.S. Small Business Association (SBA) loans can be a great opportunity for entrepreneurs to finance small businesses. However, these loans may prove more difficult to get than many applicants think. Borrowers planning to apply for SBA loans should plan in advance for the potential hurdles that lie in store. Advice from NuWire Investor, March 3, 2008.
(Last checked 05/07/18)

SCORE, Counselors to America's Small Business
A national association that can give you a personal business coach to help you with every step of your business. SCORE has offices in each state and 24/7 online advisors.
(Last checked 05/07/18)

Seed Angel and Venture Capital
Seed, Angel, and Venture Capital are equity-based sources of funding. Michigan has several investment funds that serve start-up and second stage companies as they seek to grow.
(Last checked 05/07/18)

Seneca Partners (Birmingham, MI)
Seneca Partners is a venture capital fund which provides development and growth capital to healthcare service, product, device, and technology companies that have demonstrated commercial viability and are based in the Midwest or the rest of Middle America. The fund draws upon the healthcare operating, investment, and transaction experience of its principles in order to successfully navigate the intricacies of middle-market mergers, acquisitions, divestitures and other strategic transactions. The fund is also able to draw on its strategic investor base of healthcare executives and entrepreneurs to ensure the long-term success of its partner companies. For additional information on the fund, please contact Rajesh U. Kothari (248.723.6650 x107).
(Last checked 05/07/18)

Small Business Administration
Loans and Grants
The U.S. government typically does not provide grants for starting or expanding a small business. However, the government does offer plenty of free help in planning how to start or improve your business and in securing low-interest SBA-backed small business loans.
(Last checked 05/07/18)

Small Business Administration
Local Assistance : Women's Business Centers
Women's Business Centers (WBCs) represent a national network of over 100 educational centers throughout the United States and its territories, which are designed to assist women in starting and growing small businesses. WBCs seek to "level the playing field" for women entrepreneurs, who still face unique obstacles in the business world. SBA's Office of Women's Business Ownership (OWBO) oversees the WBC network, which provides entrepreneurs (especially women who are economically or socially disadvantaged) comprehensive training and counseling on a variety of topics in several languages.
(Last checked 05/07/18)

Small Business Administration
Office of Women's Business Ownership
The journey into the world of finance can be interesting and exciting with the right knowledge and experience. Whether you are a new business setting up your records and bank accounts or an established business preparing a loan request or financing plan, the Finance Center has training and information to assist you. Written for businesses like you by SBA's Women's Business Centers across the country, the Finance Center helps you travel the road to success. Ready to accelerate your learning? Then read on for easy-to-use, practical advice prepared by experienced business counselors and instructors.
(Last checked 05/07/18)

Small Business Administration
Sign Up for Free Email Updates
Keep you up-to-date on financial opportunities and related information.
(Last checked 05/07/18)

Small Business Financing: The Definitive Guide
Learn how to obtain funding for your small business through grants, loans, and non-traditional lending.
(Last checked 05/07/18)

Small Business Resource Center Collection
This Gale database available through MeL provided a list of articles on venture capital and how to finance your business.
(Last checked 05/07/18)

Southwest Michigan First Life Science Fund
A limited partnership venture fund interested in early stage life science opportunities in the Kalamazoo Region that have demonstrably viable technologies.
(Last checked 05/07/18)

Start Garden : Grand Rapids Michigan Investment Fund
Provides $5000 for promising business ideas. Depending on progress made in developing idea into a business, additional money will be provided -- $20,000, $100,000, $500,000.
(Last checked 05/07/18)

State Economic Development and Funding Resources
These listings represent a variety of state resources related to economic development, funding assistance, and growing a small or home-based business. It is worthwhile to spend some time on the website(s) for your state. Many have regional funding programs listed as well as links to resources related to business development at the local, state, and national levels.
(Last checked 05/07/18)

State Small Business Grants
About.com provides a list of contact agencies in each state.
(Last checked 05/07/18)

ThoughtCo.'s Turning an Invention Idea Into Money
If you have absolutely no money and you want to get your invention into the marketplace, it is very unlikely that you will be able to turn your invention into a commercial product. By no money, we mean someone who is unable to earn money above living expenses, raise money, or borrow any money. However, if you are willing to work there are opportunities out there.
(Last checked 05/07/18)

United States Hispanic Chamber of Commerce (USHCC)
Providing financial awards and assistance is one of the ways in which the US Hispanic Chamber of Commerce supports Latino businesses. The Anna Maria Arias Memorial Business Fund provides financial awards (ranging from $1000 to $5,000) to outstanding Latina business owners throughout the United States. Application forms are linked from the USHCC site.
(Last checked 05/07/18)

Grants Information for Small Businesses
(Last checked 05/07/18)

Michigan veterans who want to start their own small business or enhance an existing business can get assistance from the Michigan Veterans Resources Center. The Center serves veterans, Guard and Reserve Members, active duty military and veterans widows and widowers throughout Michigan and the Midwest. The Center is one of four such centers in the country. Its services include workshops on financing and forming a business, classes on writing an effective business plan, marketing and accounting; mentoring, counseling, partnering with Procurement Technical Assistance Centers across Michigan to assist Veterans, including Disabled Veteran Owned businesses, to access both federal and state contracts; advocacy on veterans issues and networking.
(Last checked 05/07/18)

What Do Banks Look For When Lending Small-Business Loans?
Although lending guidelines can vary for different banks, most lenders have similar requirements. Borrowers need to have a quality business purpose in mind for the loan. Business owners need to have a positive credit history, experience, and good character. Lenders may also appreciate borrowers with an MBA degree. It's also important for borrowers to have the ability to pay back the loan with sufficient collateral to use for the financing. Generally, the U.S. Small Business Association requires loans to be completely secured. However, borrowers won't be denied financing if collateral is the only issue. Advice from Bob Horton.
(Last checked 05/07/18)

Pulls together a lot of information about funding for women.
(Last checked 05/07/18)


The books mentioned on this page are available for public use in the Michigan State University Libraries. If you are unable to visit our library, consider visiting a Foundation Center Funding Information Network Partner in your home state or a local public library in your home town. If the books are not available there, ask about interlibrary loan or visit a local bookstore to find out whether they can be purchased.

ANGEL CAPITAL : HOW TO RAISE EARLY-STAGE PRIVATE EQUITY FINANCING. Gerald Benjamin, Joel Margulis. Hoboken, N.J. : Wiley, c2005. 373pp. Gast Business Library HG4751 .B458 2005
If you're an entrepreneur or own a small, fast-growing businesses, Angel Capital provides a complete toolkit for raising capital in today's challenging economic landscape. The authors, who manage the largest angel network in the U.S., offer real-world advice on how to find investors and take control of the private placement process. Using revolutionary typology and unmatched proprietary research, they explain all stages of raising capital, from valuation to negotiation to due diligence. In addition, you'll find a comprehensive directory of alternative capital resources, based on research of over 2,000 organizations, and a legal appendix that serves as a short course in exempt offerings and provides the skills needed to have success with any early-stage business venture or investment.

According to Robert J. Robinson and Mark van Osnabrugge, so-called business angels--those generally unheralded private investors who usually specialize in high-growth fields and often involve themselves directly in the endeavors they fund--now provide 30 to 40 times more financing each year than their more famous counterparts, venture capitalists. In Angel Investing, Robinson and Van Osnabrugge use personal interviews, anecdotal evidence, and more than 300 research studies to show exactly who these financiers are, how they operate, and where they can be found. Robinson, an international management consultant, and Van Osnabrugge, an associate professor at Harvard Business School, also compare various financing options, explain precisely how angels and venture capitalists function differently, describe proven ways to attract them, and provide relevant resources. "The vast size and power of the business angel market in the United States is not well understood but is of incredible importance to our entrepreneurial sector and, indirectly, to maintaining our economic growth and standard of living," the authors write. They pack their book accordingly with valuable information for serious fund-seekers who have exhausted the traditional three F's (founder, family, and friends), as well as those who are considering entrepreneurial investments of their own.

ATTRACTING CAPITAL FROM ANGELS : HOW THEIR MONEY--AND THEIR EXPERIENCE--CAN HELP YOU BUILD A SUCCESSFUL COMPANY. Brian E. Hill and Dee Power. New York : Wiley, c2002. 324pp. Gast Business Library HG4751 .H548 2002
This book offers all the information entrepreneurs need for finding elusive angel investors. Comprehensive, eminently readable, and based on the authors' years of experience dealing with venture capital firms, angels, and entrepreneurs, this book covers all the angles on angels: What are angels and what do they want? Different types of angels Pitching and preparing for angels Finding angels Working with angels The future of angel investing Attracting Capital from Angels is the ultimate guide to finding the money your business needs to get on its feet-and make a run at success.

ATTRACTING INVESTORS : A MARKETING APPROACH TO FINDING FUNDS FOR YOUR BUSINESS. Philip Kotler, Hermawan Kartajaya, S. David Young. Hoboken, N.J. : John Wiley & Sons, c2004. 246pp. Gast Business Library HG4751 .K68 2004
How can businesses do a better job of attracting capital? The answer: "Marketing!" Marketing expert Philip Kotler teams up with a renowned marketing consultant and an INSEAD professor for this practical, marketing-based approach to raising capital from investors. Based on the premise that entrepreneurs and business owners often don't understand what investors want and how they make their decisions, Attracting Investors offers a larger view of the factors involved, and guides both startup and veteran firms in effectively raising capital.

THE BOOTSTRAPPER'S BIBLE: HOW TO START AND BUILD A BUSINESS WITH A GREAT IDEA AND (ALMOST) NO MONEY. Seth Godin. Chicago, IL : Upstart Publishing, c1998. 280pp. Gast Business Library HD62.5 .G632 1998
Author Seth Godin, a successful bootstrapper in his own right, tells in fascinating detail his own story of how he built a multi-million-dollar business with almost nothing. Godin also shares the inspirational stories of dozens of others companies (from Dell Computer to Eddie Bauer) to encourage budding bootstrappers to parlay a great idea into a profitable business.

Book on small business finance recommended by the Lowe Foundation.
Note: you can browse through the book free of charge.

CROWDFUNDING: A GUIDE TO RAISING CAPITAL ON THE INTERNET. Bloomberg Financial Series. 272pp. Gast Business Library HG4751 .D74 2014 (Also available online) : Do you have an idea for a project or business but aren't sure how to get funding? Or maybe you've tried talking to donors and have failed to secure the capital you need. In the same way that social media has changed how we allocate time, crowdfunding will change how we allocate capital. As part of the Bloomberg Financial Series, Crowdfunding: A Guide to Raising Capital on the Internet explains the history and practices of crowdfunding from the perspective of experts. The book gives modern entrepreneurs a solution to long-standing funding challenges, and helps aspiring business owners and non-profit entities pool smaller sources of capital to successfully bring their ideas to life....Beginning with an in-depth look at the history of crowdfunding, the book then moves into a detailed discussion of business funding processes and current market dynamics. It teaches readers how to prepare a successful crowdfunding campaign, how to understand the different investor options, and how to communicate well with investors once contact is made. It also provides a full explanation of legal and compliance issues and dives deep into current rules and regulations, including global jurisdiction as it impacts local laws. Crowdfunding is the only resource you need for creating a crowdfunding campaign that works -- from understanding your options, to planning and strategy, to selecting an optimal deal portal. Gone are the days when the only options to raise funds for a new business were venture capitalists, angel investors, or Wall Street. With crowdfunding, any entrepreneur, financier, or non-profit professional can raise funds for their enterprise using smart networking and modern technology.

Provides a detailed overview of guiding business principles and case studies that can be utilized to create a successful crowdfunding campaign. While the majority of examples come from the video games and interactive entertainment industry, they're also applicable to periodicals, books, film, television, and fashion, as well as special events and community projects.

THE CROWD-FUNDING REVOLUTION : HOW TO RAISE VENTURE CAPITAL USING SOCIAL MEDIA. Kevin Lawton and Dan Marom. New York : McGraw-Hill, c2013. 240pp. Gast Business Library HG4027.6 .L39 2013
Since the day the first human being approached a prospective investor, the province of capital allocation has been controlled by a small and entrenched minority. All this has changed. Now, the power of the Internet--particularly social media--enables anyone to connect with more investors in less time than it used to take to connect with one. The investing pool is open, everyone is in--and The Crowdfunding Revolution shows how to get to the forefront of the new world of venture financing. This groundbreaking guide explains how the explosive growth of connectivity is obviating human-to-human networks and centralized planning of capital allocation--and describes how crowdfunding can be used to tap into a "collective intelligence" for far superior results. Providing a wealth of information that will make your crowdfunding efforts more efficient and productive, the book is organized into three thematic sections: THE ROAD HERE: A thorough overview of what crowdfunding is--and how and why this radical new approach is replacing traditional means of venture financing THE CROWDFUNDING CAMPAIGN: Proven methods for marketing to the crowd, setting clear objectives, building a crowdfunding team, and communicating in a way that inspires action THE ROAD AHEAD: The crowdfunding ecosystem, intellectual property issues, mining collective IQ, new investment models, and regulations More than 2 billion people globally are now active online--and that number is guaranteed to grow at an extraordinary rate. The Crowdfunding Revolution explains all the ins and outs of raising investment capital by using social media and new technologies to draw small sums of money from an almost countless number of sources. Organic. Transparent. Decentralized. This is crowdfunding. This is the future. Read The Crowdfunding Revolution and become the first expert in your crowd on this radical new approach poised to supplant age-old venture financing methods.

THE DIRECTORY OF VENTURE CAPITAL & PRIVATE EQUITY FIRMS, DOMESTIC & INTERNATIONAL Millerton, NY : Grey House Publishing. 18th edition. GAST Business Library HG4751 .F582 ed.18 2014 Standing order

"The Everything Guide to Crowdfunding" is a step-by-step handbook to harnessing the power of social media to raise funds. Inside, you'll find real-life case studies and techniques for creating a successful campaign, including: Gaining an online presenceTapping into the crowdUnderstanding the different crowdfunding platformsDesigning a successful campaign planPromoting your campaign with social media, search engine optimization, and affiliate marketingDealing with donors after your campaign ends Almost 50 percent of crowdfunding ventures fail to get funded. With this guide, you will learn how to be in the 50 percent that succeed. Whatever your dream or business idea, there is no reason it can't become a reality with the power of crowdfunding."

FINANCING YOUR BUSINESS : GET A GRIP ON FINDING THE MONEY Bellingham, WA ; North Vancouver, B.C. : International Self-Counsel Press, 2005. 142pp. Funding Center (1 East) HG4027.7 .M633 2005
Financing Your Business shows you, in an easy to understand manner, how to raise money for your small business. This book is designed for people who are just starting a business and for people who want to expand an existing business and need more money to make it happen. There are thousands of great business ideas out there, but if you don't have the resources on hand, it can be tough to get a business running successfully and financially survive the first few years. It's even harder to expand an existing business if all your money is tied up in it.

FINANCING YOUR BUSINESS MADE EASY. Entrepreneur Press, Ralph Alterowitz, and Jon Zonderman. [Irvine, CA] : Entrepreneur Press, c2007. 241pp. Gast Business Library HG4027.6 .A48 2007
Financing Your Business Made Easy offers myriad ideas to get financing. The authors discuss the benefits and pitfalls of borrowing from family and friends, with tips on how to keep business relationships separate from personal ones. Dozens of government loan sources are explained in detail. Drawing on their insider knowledge of venture capital firms and angel investors, the authors reveal how to maximize your chances of success. Plus, they provide innovative financing ideas, such as borrowing from suppliers and customers, taking advantage of credit cards, and raising money from employees.

One of the most pressing needs of growing businesses is capital. Bank loans are hard to come by and are also risky. That's why many entrepreneurs look for equity infusion, or venture capital, to help them grow their business. Written by Frederick D. Lipman, one of the most respected attorneys specializing in growing businesses, Financing Your Business with Venture Capital is an indispensable guide for entrepreneurs.

FINANCING YOUR SMALL BUSINESS. Robert W. Walter. Hauppauge, NY : Barron's, c2004. 236pp. Gast Business Library HG4027.7 .W357 2004
This new addition to the Business Library series describes advantageous methods for attracting venture capital, dealing with bank loan investment officers, initiating public offerings of stock shares, and much more. Titles in the Business Library series speak to men and women who are starting a company or managing an ongoing small-to-medium-size business. Emphasis is on carrying out daily operations and solving problems.

FINDING MONEY : THE SMALL BUSINESS GUIDE TO FINANCING. Kate Lister and Thom Harnish. New York, N.Y. : John Wiley & Sons, Inc., 1995. 246pp. Business Library HG4027.7 .L58 1995
Provides tips from insiders on finding sources of financing, locating investors, evaluating your loan request, and more! Funding sources covered include private investors and venture capital funds, banks and finance companies, leasing companies, SBA loans and other government programs, and many more.

FINDING YOUR WINGS : HOW TO LOCATE PRIVATE INVESTORS TO FUND YOUR VENTURE. Gerald A. Benjamin and Joel Margulis. New York : John Wiley, c1996. 266pp. Gast Business Library HG4521 .B434 1996
Capital. It is the single most important ingredient to getting your venture of the ground. But finding it can be a challenge -- particularly if you're running out of funding options. Suppose your venture is too small for institutional players. What do you do once you've exhausted your personal financial resources? Where do you go after the banks, the leasing companies, the venture capital firms? What you need is an "angel" -- a private investor with high net worth. In Finding Your Wings -- the only book of its kind -- Gerald A. Benjamin and Joel Margulis provide you with a roadmap to guide you to your private angel.

FROM CONCEPT TO WALL STREET : A COMPLETE GUIDE TO ENTREPRENEURSHIP AND VENTURE CAPITAL. Oren Fuerst, Uri Geiger. Upper Saddle River, NJ : Financial Times Prentice Hall, c2003. 328pp. Gast Business Library HG4751 .F847 2003
From Concept to Wall Street is the definitive guide to the new realities of venture capital. Two leading experts in venture-backed entrepreneurship offer start-to-finish coverage of the entire process: planning, teambuilding, protecting intellectual property, identifying and negotiating funding, and managing to - and through - IPOs or M+As. Drawing on immense personal experience - and the lessons of recent years - Dr. Oren Fuerst and Dr. Uri Geiger offer a complete roadmap for entrepreneurs, investors, and advisors in every VC-funded industry.

FUNDRAISING WITH BUSINESSES : 40 NEW AND IMPROVED STRATEGIES FOR NONPROFITS / Joe Waters. Hoboken : Wiley, 2014. HV41.2 .W38 2014 Online : There's a reason why nonprofits are getting smaller checks from corporate giving programs. Companies are abandoning or slashing giving budgets and instead focusing on win-win pacts that drive sales and change the world. Nonprofits need guidance and practical know-how in this new age of mutually beneficial nonprofit and business partnerships....Presenting forty practical fundraising strategies to help small to medium-sized nonprofits raise more money from businesses, Fundraising with Businesses breathes new life into nonprofit / for-profit relationships to begin a new era of doing good and well. (1) Presents new and improved fundraising strategies for raising money from businesses -- from in-store register promotions and shopping fundraisers to online workplace giving solutions and digital campaigns involving popular social networking sites. (2) Written by an experienced fundraiser and renowned blogger and speaker on business giving. (3) Features case examples of successful nonprofit/corporate partnerships that will be regularly updated via a link with the online pin board Pinterest....The fundraising potential of working with businesses is greater than ever. Read Fundraising with Businesses and discover the tools to turn existing and new business relationships into successful -- and lucrative -- partnerships.

GETTING THE MONEY YOU NEED: PRACTICAL SOLUTIONS FOR FINANCING YOUR SMALL BUSINESS. Gibson Heath. Chicago : Irwin Professional Pub., c1995. 227PP. Gast Business Library HG4027.7 .H422 1995
Ideal for large companies, veteran small business owners, and individuals working out of their homes, Getting the Money You Need has the answer to all the readers' funding questions. While no one can guarantee that a firm will get a small business loan, the odds are greatly improved by knowing the correct steps and establishing timely, realistic goals. Getting the Money You Need provides practical solutions and sound advice for finding the money necessary to turn a small business from an idea into reality. Clear, concise, and easy-to-read, this book details a wide variety of programs to suit any specific funding and ongoing financial needs. From government to grassroots programs, Heath offers a solid review of traditional resources as well as an update on the newest funding alternative. Specific topics include: Both state and federally sponsored lending programs; Microenterprise lending programs; Developing community loan funds; Financing through banks; Venture capital, initial public offerings, and other options.

HOW TO GET A SMALL BUSINESS LOAN : A BANKER SHOWS YOU EXACTLY WHAT TO DO TO GET A LOAN. Bryan E. Milling. Naperville, Ill. : Sourcebooks, c1998. 2nd edition, 161pp. E-book
"This book gives easy to understand explanations and rationales behind some of the confusing things banks ask their borrowers to do. It gives simple examples and descriptions that help me interpret the process to my customers. Even after many years of lending money to companies, I find myself reaching for it to remind me of little details I have forgotten. It is well-written and very useful."
Note: you can browse through the book free of charge.

HOW TO GET FINANCING FOR YOUR NEW SMALL BUSINESS : INNOVATIVE SOLUTIONS FROM THE EXPERTS WHO DO IT EVERY DAY. Sharon Fullen. Ocala, Fla. : Atlantic Pub. Group, c2006. 311pp. Gast Business Library HG4027.7 .F85 2006
While poor management is cited most frequently as the reason small businesses fail, inadequate or ill-timed financing is a close second. Whether you're starting a business or expanding one, sufficient, ready capital is essential. This new book will provide you with a road map to securing the financing. The book goes into traditional financing methods, and assists the reader in setting up proper financial statements and a proper business plan. It details the differences between debt and equity financing and how and why to use each. Valuation techniques are explained for determining what your business is truly worth. However, the book's real strength is in explaining alternative and creative methods of financing, such as SBA financing, investor angles, IPOs, limited public offerings, and venture capital. Numerous real-world examples are given for structuring a deal to benefit both the financier and the entrepreneur. Essential resources for finding the detailed information you need are included throughout.

HOW TO RAISE CAPITAL : TECHNIQUES AND STRATEGIES FOR FINANCING AND VALUING YOUR SMALL BUSINESS. Jeffry A. Timmons, Stephen Spinelli, and Andrew Zacharakis. New York : McGraw-Hill, c2005. 245pp. Gast Business Library HG4027.7 .T55 2005
Fewer than 40 percent of entrepreneurs seeking new business funding each year actually get that funding. How to Raise Capital improves those odds, providing prospective as well as current business owners with the knowledge they need to prepare an effective loan proposal, locate a suitable investor, negotiate and close the deal, and more. The all-star team of entrepreneurial experts behind How to Raise Capital gives readers top-level educational theory with hands-on, real-world knowledge. This thorough examination of the inner workings of the venture capital industry explores: (1) Resources available to entrepreneurs, from SBA loans to angel investors; (2) Proven strategies for identifying and approaching equity sources;, and (3) Characteristics of a "superdeal"--from the investor's perspective

KICKSTARTER FOR DUMMIES. Aimee Cebulski. Hoboken, N.J. : John Wiley & Sons, 2013. 200pp. Funding Center (1 East) HG4027.7 .C386 2013
Learn to: develop a campaign page that inspires contributors; establish rewards for your backers; estimate how much money you need to raise; use social media to enhance awareness

PUBLIC VENTURE CAPITAL: SOURCES OF GOVERNMENT FUNDING FOR TECHNOLOGY ENTREPRENEURS. Henry Etzkowitz. New York: Panel Publishers, 2001. 2nd ed., 420pp. Funding Center (1 East) HG4027.6 .E88 2001; cd-rom available in Digital & Multimedia Center.
Public Venture Capital is an invaluable resource you will use again and again when seeking an inside track to government dollars. Relatively few entrepreneurs are aware that government funds from programs with acronyms like SBIR, ATP, Dual Use, ManTech, DARPA, and Act II can provide both initial and later-stage venture capital for their companies. Moreover, public venture capital programs do not require equity in exchange. Funding is available to technology start-ups and innovative firms through a variety of government programs. The purpose of this book is to familiarize you with the concept of public venture capital and to illustrate how to use the above-mentioned programs to fund technology endeavors. Public Venture Capital brings together information and resources on programs that make funds available to technology entrepreneurs and innovative firms on a competitve basis. Whether your interest is in a specific project or technology idea or you are looking for more general information regarding public venture capital, this book will be specifically helpful to you.

RAISING VENTURE CAPITAL. Rupert Pearce and Simon Barnes. Chichester, West Sussex, England ; Hoboken, NJ : John Wiley, c2006. 242pp. Gast Business Library HG4751 .P43 2006
Offering a deep insight into the venture capital deal-making process, Raising Venture Capital also provides valuable introduction to the subject. The book is practical in focus but based on sound academic theory, research and teaching materials gathered over the last 4 years at Tanaka Business School. Part one covers the history of the venture capital industry, shows why entrepreneurs need venture capital finance, and looks at how venture capitals raise and structure their funds. It also covers valuation methods for venture capital investments, and portfolio management. Part two illustrates how successful entrepreneurs raise finance from venture capitals, and gives details on how to approach venture capitals, how to choose the right venture capital firm, and how venture capitals and entrepreneurs work together after the deal is done. Part three gives a blow-by-blow account of the structure of a venture capital deal.

THE SBA LOAN BOOK: HOW TO GET A SMALL BUSINESS LOAN, EVEN WITH POOR CREDIT, WEAK COLLATERAL, AND NO EXPERIENCE. Charles H. Green. Holbrook, Massachusetts: Adams Media Corporation, 1999. 218pp. Funding Center (1 East) HG4027.7 .G74 1999
Answers questions such as how to increase your odds of getting a loan, how to land a loan even with no experience, weak collateral, and poor credit, what your options are for sba-guaranteed loans, how to fill out a loan application, how to present yourself to lenders, how you can close your loan fast, how to appeal a lender's denial, and how to approach a loan request if you have been in bankruptcy.

SBA LOANS : A STEP-BY-STEP GUIDE. Patrick O'Hara. New York, N.Y. : Wiley, 1998. 3rd edition, 340pp. Business Library Oversize Collection HG4027.7 .O43 1998
Discusses the various ways the SBA can assist you in starting a small business or even if you already own one. Describes how to prepare a SBA loan request for a new or established business. Includes numerous easy to follow sample forms and examples.

SMALL BUSINESS AND MICRO BUSINESS LENDING IN THE UNITED STATES [electronic resource]. [Washington, DC] : SBA, Office of Advocacy, 2003- Government Documents Library SBA1.52: online resource

SMALL BUSINESS FINANCIAL RESOURCE GUIDE. Herndon, Va. : Braddock Communications, Inc., 2000. 6th edition, 185pp. Funding Center (1 East) HG4027.7 .S633 ed. 6 2000
A comprehensive listing of available funding sources from both the government and private sector. Note: Library keeps latest edition only.

THE SMALL BUSINESS MONEY GUIDE : HOW TO GET IT, USE IT, KEEP IT / Terri Lonier, Lisa M. Aldisert. New York : Wiley, c1999. 204pp. Gast Business Library HG4027.7 .L66 1999 : It not only takes money to start a business; it also takes money to stay in business. And borrowing from the bank isn't the only way to go. There are all sorts of financing sources out there -- from finance companies to "angels" and from leasing to strategic alliances - you just have to know where to look. Small business experts Terri Lonier and Lisa Aldisert provide the essential tools and techniques you need to find and grow your money masterfully. Combining basic money issues with a strong dose of common sense, the authors take you step-by-step through any and all financial situations, and help you position your company for the future.

START-UP MONEY: HOW TO FINANCE YOUR NEW SMALL BUSINESS. Mike P. McKeever. Berkeley, CA : Nolo Press, c1984. 201pp. Gast Business Library Oversize Collection HG4027.7 .M4 1984

SUCCESSFUL PROPOSAL STRATEGIES FOR SMALL BUSINESSES : WINNING GOVERNMENT, PRIVATE SECTOR, AND INTERNATIONAL CONTRACTS. Robert S. Frey. Boston, Mass. : Artech House, c1999. 2nd ed. 472pp. plus CD in DMC. Funding Center (1 East) HG177.5.U6 F74 1999

VENTURE CAPITAL FUNDING : A PRACTICAL GUIDE TO RAISING FINANCE. Stephen Bloomfield. London ; Sterling, VA : IoD/Kogan Page, 2005. 218pp. Gast Business Library HG4751 .B557 2005 (Also available online)
After the problems caused by the dot.com boom, there is now renewed interest in venture capital: private equity funds are reporting significantly increased levels of activity both in the UK and worldwide. The Bank of England regards assisting firms to become "investment ready" as the single most important task facing financial professionals over the next decade. This practical handbook provides advice and support for those considering attracting outside funding to their businesses. It describes step by step the mechanics of obtaining venture capital. Venture Capital Funding is refreshingly informal and conversational in style. Thankfully also jargon-free, it looks at every aspect of this fascinating subject, from deciding when to use outside funding, to post investment considerations such as what running the business with venture capitalists on board entails. The nuts and bolts of actually securing capital is broken down into the key considerations such as: the significance of the business plan, types of investor, targeting and attracting a funder, negotiation and initial valuation, the preliminary offer, detailed description of the "due diligence" process, investor strategies, and the types of investment instruments used. It also explores the variety of reasons for which funding can be sought and discusses the points in the business life cycle for which they are appropriate.An essential guide, Venture Capital Funding will enable anyone to understand the driving forces behind each stage of the investment process, and equip them to deal with venture capitalists and other professionals involved.

WHERE TO GO WHEN THE BANK SAYS NO : ALTERNATIVES FOR FINANCING YOUR BUSINESS. David R. Evanson. Princeton, NJ : Bloomberg Press, 1998. 280pp. Gast Business Library HG4027.6 .E89 1998
With corporate mergers continuing unabated and with more and more downsizing, the opportunities clearly lie in launching a new concept, product, or company. But where do we get the start-up monies? Not from banks or other debt-financing schemes, asserts writer-consultant Evanson. The right approaches are angels, IPOs, alternatives to IPOs, and venture capital. And not only does he outline the viewpoints of these lenders, but he also prepares borrowers well for the reality: contacting and selling, valuing a business, and writing a plan. Even numbers-proficient pros will find the explanations easy reading, with charts, lists, and a writing style that ranges from perky to humorous. Lots of true "how we did it" pepper the narrative; lots of lists help analyze pros and cons of different avenues and different presentations. A private equity capital directory, a listing of universities with leading entrepreneurship programs, and an overview of securities laws influencing private and exempt transactions are appended.

WWW http://staff.lib.msu.edu/harris23/grants/

Ownership Statement
Jon Harrison : Page Editor
Funding Center Supervisor
Social Sciences Collections Coordinator
Michigan State University Libraries
366 W. Circle Drive, W118JJ
E. Lansing, MI 48824
E-mail: harris23@mail.lib.msu.edu
Voice mail: (517) 884-0855
Last revised 05/07/18

Phone: 1-800-500-1554 and 1-517-355-2345.  100 Library, East Lansing, MI 48824 USA.  Email us: comments@mail.lib.msu.edu

© 2006 Michigan State University Board of Trustees. MSU is an affirmative-action, equal-opportunity employer.

Michigan State University Acceptable Use Policy of Computing & Digital Networks