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Business Plan Briefing
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TOP
OF THE BRIEFING
LADIES: GET YOUR
DEPOSIT SLIPS READY |
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When women entrepreneurs capture the
attention of the Wall Street Journal, you know it's time to get
serious. And the funding news for women-owned businesses lately is
good. Here are some great places for women entrepreneurs to start their
funding search:
Make
Mine a Million. This is the organization funded by American
Express that aims to make millionaires out of promising emerging
business women. It's a concept absolutely without parallel
anywhere else. It will be on-going for several years, so if you don't
qualify right now, you may qualify in the future.
Ladies
Who Launch. THE women-owned, women-run angel investment group
for women-owned businesses.
Find a local
incubator, compliments of Ladies of Launch.
Angel
Capital Education Foundation eases the way for women entrepreneurs
who are candidates for angel investment.
Golden
Seeds is another incredible resource for emerging women-owned
businesses.
Center
for Women's Business Research . Not a direct investor, but a
great resource.
Wells
Fargo Women's Business Center. Again, great information, great
tools.
Whether you are looking for funding or
for inspiration, it is there. It isn't easy to get, but then no
entrepreneur finds it easy to get funding. But it is there.
Also check with your local bank and the
local office of the Small Business Administration. Local business
women's organizations are a great source of leads. Remember,
too, that every single resource that men can approach is also a
possibility for women. Let
us know how you do. Good luck
on your search.
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NEW BUSINESS SPOTLIGHT
WHAT DOES AN OLD ANTIQUES
DEALER DO? REHABILITATE PRISONERS, OF COURSE!
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"I thought, how can God use an antiques dealer?"
63-year-old Martha Rollins of Richmond,
Virginia, prospered for years as an antique dealer. But a dream
kept popping up. There was a desperate need to rehabilitate former
prison inmates, and she knew she could help do it.
One day a customer of hers offered her
$150,000 to help her make her dream come true.
The customer's generosity was like a starter's pistol shot for a
sprinter. Within nine months, Ms. Rollins won a matching grant from her
church's community fund; opened a used-furniture store in a crime-ridden
district of north Richmond; and began a job-training program. Next, she
broadened her mission to include raising the downtrodden and bridging
the cultural gap between Richmond's white and black communities.
She then added furniture
restoration, a cafe, catering, home repair and moving -- ventures that
provide training, jobs and revitalization for a blighted black
neighborhood, and that produce revenue to keep things growing.
Ms. Rollins named her organization Boaz and Ruth, after a biblical
couple who taught that giving and receiving become reciprocal -- a
lesson she learned years ago.
Few people can follow a dream like
Martha Rollins did. Few have the guts to do it. But she
did. She found the funding, and the grants to make it happen.
If you could do anything in the world,
what would it be? Remember that dream. Follow it. It
can happen.
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FREEBIE
GOT A SITE?
MAKE IT SELL! |
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| BUSINESS
BRIEFS |
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At least four venture capital funds in Australia are going
after fresh money. Venture Partners is planning to create a $150
million fund to back early-stage companies. The Brisbane firm CM
Capital has raised $120 million and is seeking another $30
million. Innovation Capital has raised $40 million and wants
$100 million more. Accede is raising $27 million.
A nonprofit organization that helps low-income women in
San Luis
Obispo County start their own businesses received a $750,000 federal
Small Business Administration grant. Mission Community Services
Corp. will use the funds to expand opportunities for economically and
socially disadvantaged women in San Luis Obispo, Monterey and Kern
counties. The money, which requires matching funds, will be awarded
over five years.
The National Angel Organization's (NAO) Annual Investor Summit will
take place from October 3rd to October 5th, 2006 in Toronto. The
Summit, focused on early stage investing in innovative Canadian
enterprises, will attract Angel Investors from across Canada.
Summit participants will focus on (1) developing and expanding
Canadian angel investing networks, (2) identifying best practices in
angel investing and the commercialization of new discoveries and (3)
exploring the current technology and market trends which are driving
Canadian business innovation.
Chrysalis Ventures LLC, a Louisville,
Ky., venture capital firm, is
opening an office in downtown Cleveland. Investment and
technology professional Chris Sklarin left Cleveland entrepreneurial
development and funding organization JumpStart Inc. on Friday to open
the Chrysalis Ventures office. Chrysalis Ventures is initially looking
for companies in northern Ohio that make money the old fashioned way,
focusing on health care, media/communications and business service
companies.
Are you ready to launch? Have you launched recently?
Could you still use some funding? The Silicon Valley Association
of Startup Entrepreneurs is hosting "Launch: Silicon Valley"
on November 8 at the Microsoft Campus in Mountain View,
California. If you would like to nominate a company for
presentation, email your 2-page executive summary to: LaunchSV@svase.org
.
The Ohio Capital Fund, a fund of funds targeting investment in Ohio
companies, has closed with $150 million, $25 million above its goal,
its administrator said Wednesday. Buckeye Venture Partners LLC
administers the fund. Buckeye itself is a joint venture between
Fort Washington Investment Advisors and Peppertree Partners LLC.
The Ohio Capital Fund wil invest in early and seed stage companies.
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101 FREE BUSINESS
PLAN SAMPLES
Your Book Of
Links
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We emailed you the link to the new ebook101
FREE Business Plans. This is our new "Welcome"
for new newsletter members. We didn't want previous members to
be left out, so we did a special mailing of the link to you. If
you missed that mailing, let
me know and I will forward it on to you immediately.
Also, if you followed many of the
links in that ebook, you soon discovered that many of the sites have
more than one business plan, so it's really more like hundreds of
links!
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"No
one can arrive from being talented alone.
God gives talent; work transforms talent into genius."
Anna Pavlova, legendary Russian ballerina
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| That's it
for now. Remember, if there is anything you want to see in this
ezine, let me
know (I've got a bit of influence with the editor!) |
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