Bootstrapping or Venture-Backed: What's the Smarter Move?
Dive into the essentials of bootstrapping and non-dilutive funding with our latest episode of Rocket Fuel on the Pitch Please podcast!
In Rocket Fuel Episode #3, we chat with Brianna Blaney, co-founder of Pocketed, to explore how startups can leverage alternative funding strategies to maintain control and accelerate growth.
In this episode, we delve into:
• The various types of non-dilutive funding available, including grants, tax credits, and incentives.
• The importance of aligning funding strategies with your business goals.
• Real-world examples of startups that have scaled faster by strategically stacking different types of capital.
• How Pocketed's platform simplifies the complex world of grants and funding, helping founders access the money they need to grow.
If you're a founder navigating the startup journey, this episode is packed with actionable insights on how to make smarter funding decisions. Tune in to learn how to stack your capital effectively and keep more equity in your hands as you build your business!
Takeaways
Startups should consider bootstrapping elements of their business throughout their journey.
Non-dilutive funding, such as grants, tax credits, and incentives, should be part of a startup's funding strategy.
Non-dilutive funding can help startups scale faster and achieve milestones.
Accessing grants can be challenging due to the complexity and changing nature of programs.
Tools and resources, like Pocketed, can help startups navigate the grant application process.
Startups should be thoughtful about how they stack different types of funding together.
It's important to start early and be proactive in pursuing non-dilutive funding opportunities.
Sound Bites
"Startups should consider bootstrapping elements of their business throughout their journey."
"Non-dilutive funding, such as grants, tax credits, and incentives, should be part of a startup's funding strategy."
"Non-dilutive funding can help startups scale faster and achieve milestones."
Chapters
00:00 - Introduction and Background
03:10 - The Importance of Bootstrapping and Non-Dilutive Funding
10:08 - Examples of Startups Using Non-Dilutive Funding
13:59 - Challenges in Accessing Grants
16:13 - Tools and Resources for Streamlining the Grant Application Process
24:54 - Closing Thoughts and Next Steps
More About Brianna
Money is a leading barrier to innovation and entrepreneurship, especially for women and equity-deserving groups. As an experienced founder, Brianna has lived this pain. She co-founded Pocketed to level the playing field, helping Canadian businesses easily access over $5.9B annually in grants, tax credits, and incentives. Since 2021, more than 15,000 companies have used Pocketed to access over $100M. Together with her team, Brianna is on a mission to eliminate financial barriers for businesses.
More About Pocketed
Pocketed helps companies across North America access billions of dollars in grants, tax credits, and incentives with our intelligent matching platform and funding solutions. Since launching in 2021, more than 15,000 businesses have used Pocketed to access over $100M in government funding. Create your free Pocketed account today at https://www.hellopocketed.io using promo code PitchPlease.
Want to Connect?
Brianna: https://www.linkedin.com/in/briannablaney/
Pocketed: https://www.linkedin.com/company/hellopocketed/
Get Involved:
Create your free Pocketed account today at https://www.hellopocketed.io using promo code PitchPlease.
Code: https://app.hellopocketed.io/create-account/?referral_code=PitchPlease)
Keywords
bootstrapping, non-dilutive funding, grants, tax credits, incentives, debt, equity, funding strategy, scaling, milestones, challenges, tools, resources
#StartupFunding #Bootstrap #Entrepreneurship #NonDilutiveFunding #Grants #StartupSuccess #RocketFuel