Business AngelsFunding & Involvement in the project

• Non-refundable | Participation in social capital• Active involvement in the decission making

process• Significant non-monetary contribution:

knowledge, networking, etc.• Individuals (or Business Angels Networks)• Investment between 25.000 – 250.000 €

Venture Capital

Funding & Involvement in the project

• Participation in social capital• Enterprises specialised in venture capital• Investment over 500.000 €• L/T Investment horizon (5 or 10 years)• Management support services

MicrocreditsFunding

• Refundable | No entry into the social capital• Usually related to specific profile (youth,

women…) • Without guarantees• Up to 25.000 - 30.000 €• Usually linked to social entities• Business plan needed

CrowdfundingFunding

• Campaigns limited in time and the amount of money

• Based on online platforms• Usually not refundable but offering incentives

– recompense models in return.• Might imply entry in social capital

KICKSTARTER - https://www.kickstarter.com/

Participation LoansFunding

• Refundable• Entry into the social capital, investor take

on the same risk as the entrepreneur • Usually connected to public entities• Advantageous conditions:• Interest rate depends on the stage of

development• Debt service deductible in taxes• Initial grace period• Without guarantors

P2C LendingFinancing

• Refundable | No entry into the capital• Loan interest depends on borrower’s

credit record. Usually high.• Not fully regulated by finantial authorities• Based on Internet. Platforms might take a

middleman role or just facilite contact between lender & borrower

LENDICO / VALUNA

Seed moneyFunding

• Several possible types: equity, loan, donation• Usually linked to incubators / accelerators or

public entities • Smalls amounts of money• First steps until the company become ellegible

for other funding alternatives• Also known as Seed funding or Seed capital

Business barterExchange of goods / services

• Non finantial transaction required• Linked to the very beginning of the activity• Usually related to incubators / accelerators