Corporate advisory | Merchant banker
When a winning idea is accelerated by sufficient support it can
transform the conventions. A thriving company is built with the foundation of
various funding and strategic moves of which seed capital lays as the
initial breakthrough. The infusion of cash at each level will rapidly develop
the business to the next league.
The three pivotal elements for a successful startup are pioneering
ideas, funds and human capital. The revolutionary idea is the spark; it can be
an original concept or inspired or incidental break. The startup ecosystem in
India is witnessing a lot of young generations demonstrating sheer interest in
entrepreneurship and taking up initiatives to transform the industry with their
novel business concept. Even in colleges, undergraduate and postgraduate
students are edified about entrepreneurship and businesses. So, there are incubation center in colleges that train students to nurture their forte in business
and start their own startup by refining the idea.
A simple idea can transform the way we work now. To take the idea
off the ground, the individual needs funds. This fund germinates the idea into
business at the beginning stage known as seed capital. The seed funding is the
validation for the startup. To entice and persuade investor funding into your
business, you have to build a perfect business pitch deck. This reflects what
you are going to do with the business. A functional prototype, scalability plan
and committed team are what investors will deeply look into. As a student, you
have to ensure you check all these boxes before approaching an investor. It is
interesting to institute a startup and entrepreneurial journey right from
college because you are moving forward to your peers.
Students are the highest population and most trusted creative entrepreneurs who think beyond the horizons yet also workable projects in real-time. The student entrepreneurs will be supported by accelerators and incubators. Both accelerators and incubators support startups by providing small seed investments along with workspace, mentorship, networking, strategic guidance and business intelligence. Securing seed capital from accelerators will add a credit as they navigate you on each phase and render optimal business tactics to excel you in your venture. They support you to work in a focused manner by collaborating with like-minded professionals. There are many corporate seed funding available for students such as Google, Intel which nurture startups to facilitate innovations that are in line with their corporate advisory.
The early-stage startup funds will be used as the working
capital as it is sufficient to run and scale the business for students.
students in institutions, by the time of the 2nd academic year, would have deciphered their
interest and like-minded individuals with whom they can travel along. Many
successful startups were founded by students; one such example is Facebook.
Mark Zuckerberg started Facebook as a part of his college project along with
his friends and fellow roommates at Harvard University. The photo posting
network was limited to Harvard University but later expanded to other
colleges. Inspired by the idea, Peter Thiel made the first seed capital
investment for Facebook and joined the board. A student, fortunately, got
capital and expertise along the way which propelled his entrepreneurial journey
and success on Facebook. Seed investors or angel investors bring expertise and
vast experience working with startups across industries. Raising seed capital
provides financial leverage to startups, this can be utilized to acquire new
customers, procure new opportunities, move fast and gain a competitive edge in
the market. The surge of Facebook investment by Peter Thiel after Reid Hoffman
declined and redirected them has pulled over the traction of Accel Partners
into the series A merchant banker.
Mark Zuckerberg didn’t take too long to come up with the idea, he was meticulous about the photo-sharing page which was an instant strike to his college project. After developing the idea with innovation, he quickly wanted to take it off the ground. The timing associated with raising seed capital can determine the long-term success of your startup. The right time to raise a seed fund is once certain conditions have been met and you believe that those criteria will inspire the investor. You don’t need a 9-6 job when you can create a venture on your own. Every resource is available handy for students from guidance to investment. If the idea is workable and conceivable for the demography, your startup is accelerated.
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