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Financing with grants, not equity or debt

Berkonomics

The company was funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. And we should not forget that non-profits of all types depend upon grants for a significant amount of their funding, often employing professional grant writers on staff or as consultants.

Equity 156
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6 Ways To Extend Creativity To All Areas Of Business

Startup Professionals Musings

In fact, our education and training to logically associate related concepts reduces our ability to add the creative side, even though we were all born without that bias. I find that startups looking for funding often never even think of asking strategic partners, rather than just venture capitalists.

Ideas 171
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How To Pick Your Focus For Your Next Business Venture

Startup Professionals Musings

Is there an educated marketplace waiting? An educated marketplace is one where your target customers already understand the problem and the impact of your technology. Truly disruptive technologies are tough, since it always takes extra time and money to educate and motivate the customers to move away from current approaches.

Startup 96
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Can you finance your company with grants?

Berkonomics

The company has been funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. I am chairman of a company that, as I write this, is twelve years old and has not yet taken a dollar of outside investment.

Company 166
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4 Key Questions To Size The Potential Of Your Startup

Startup Professionals Musings

Is there an educated marketplace waiting? An educated marketplace is one where your target customers already understand the problem and the impact of your technology. Truly disruptive technologies are tough, since it always takes extra time and money to educate and motivate the customers to move away from current approaches.

Startup 166
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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. What are the advantages of using royalties instead of raising investor funds, other than no dilution of equity? Does the average agreement call for advance payment of royalties?

IP 136
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10 Key Business Founder Checks Needed Before The Plan

Startup Professionals Musings

Working for a well-funded existing company, or pursuing your dream as a hobby, may be more satisfying and productive. Assess your own resources as well as funding sources. You need intellectual property , such as a patent, trade secret, or process expertise that will be a barrier that you can defend.