Procopio’s Emerging Growth and Technology practice group assists start-ups and emerging growth companies in various fields, including information technology, telecommunications, life sciences and cleantech, with all aspects of their formation, development and funding, from the initial idea through liquidity. Our team-oriented approach offers clients access to attorneys who are familiar with and understand their products, technology and business models.

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San Diego Venture Group is a non-profit business association with a mission to support and promote the venture capital and start-up company eco-system in the San Diego region. Our 800 members include venture capitalists, entrepreneurs, experienced executives, and professionals who support them.

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Hera Hub is a spa-inspired, coworking space for female entrepreneurs in San Diego. This as-needed, flexible work and meeting space provides a productive work environment for women. Affordable monthly membership options are perfect for freelancers, independent consultants, entrepreneurs, nonprofits and authors.

Hera Hub members have access to professional office space to meet with clients and are able to connect and collaborate with like-minded businesswomen, giving them the support they need to thrive. It is the perfect place for collaboration, community, credibility and visibility.

5 Tips to Getting Your Startup Funded, by Kabbage CEO, Rob Frohwein

Posted by Amity Sims on 2013-12-03

Founder Insight gives you feedback from the startup trenches.

Rob Frohwein is well aware of the challenges new business owners face, particularly when it comes to funding. His Atlanta-based company, Kabbage Inc., is tackling this problem head on, providing business owners access to working capital. Kabbage is the #1 online provider of working capital to small businesses. Kabbage has built the world’s fastest platform to provide capital to small businesses, funding companies within 7 minutes.

 

In the video below, Rob offers these suggestions for getting funding;

1. Draw the line between personal and business expenses

Small businesses have to act like businesses and make sure they are managing their money appropriately. When you spend money on your business, submit an expense report and then pay yourself back later.

2. Beg and borrow, but don’t steal

You have to be very diligent about getting cash. First, talk to family and friends, but if you don’t have a rich uncle, you might want to look into borrowing or look for alternative financing sources.

3. Know your bottom line

If you’re going to get cash, you want to make sure you’re getting it for the right reasons. If you’re not focused on a return in investment, say no to more money.

4. Be stubborn

Don’t take no for an answer. If you are turned down, find out why and work to make your product better.

5. Be scrappy

Focus on the revenue, and don’t spend money on anything that won’t generate assets.

 

               

 

This Winter, Rob will mentor new startup founders at the Atlanta Founder Institute. If you could benefit from expert feedback and advice to launch a technology company in Atlanta, click here to learn more and apply today. Final applications are due Sunday (2013-10-27).

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