Pollenizer: Building and Investing In Australian Web Startups

You have a great idea.

You have the motivation.

All you need now is the money to bring it to fruition.

So where do you look for funding? Where shouldn’t you look? How much will you need. Who will make it all happen?

Here’s a few places to help you get started.

Bob Reiss of Entrepreneur.com offers helpful tips on Where Not to Look for Money – And Where You’re More Likely to Find it. He listed places where you must not source or borrow money for your capital, such as Banks, Venture Capital Firms, Credit Cards, Family, as well as where you should source your money from: Savings, Angel Investors, Partner Suppliers and Customers, and Reinvested Profits.

Meanwhile, Eileen Gunn’s How to Find the Right Investor for Your Business will also give you an idea of where, when, what and how you can find the right investors. The article explains why an entrepreneur can and should choose their investors wisely.

Cnn.com’s Anne Field in 2007 has a very useful article entitled 7 Great Ways to Finance a Startup. The list of tips includes Bootstrapping, a method which means using any sources available to get the business to the next level.

Business Insider gives similar information (and more) on How to Finance Your Startup. Aside from bootstrapping and angel investors, the article also advises startups to decide based on existing barriers.

Meanwhile, Business Angels is an Australian-based organization founded by Christine Kaine in 1992. The website is a helpful place for startups looking for angel investors, as well as angel investors looking for a startup company to invest in.

Finally, you may also seek the help of Home-Based Business Australia which has a page on for startup businesses and how you can startup on your business including raising funds to get you going.

Contributions from Maria Rodielita Dublin.