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Pitching your startup to investors? Be ready to answer 3 questions

Entrepreneurs: when pitching to investors, you need to stay focused on only a few key items. While most likely you will be asked about many different aspects of your business, there are three elements you need to understand and be able to discuss in depth and with clarity. Most entrepreneurs would prefer to discuss their product or business idea, because that's what they've been focused on developing for months or years. But investors only have one goal—making a return on their investment.

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Why Startups Should Always be Raising Money

Money makes startups fast.

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A Reality Check for Your Startup Expectations

As you begin your journey as an entrepreneur what are your expectations? If you’re like many new entrepreneurs, you’re probably thinking you have a great idea for a new business. You assume you’ll dedicate your time and talents to your startup for the next year or two, get it to positive cash flow in three years, and in five years you will be in control of your destiny. You’ll be in charge of a profitable business venture with opportunities to either grow it or sell it.

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The Most Common Reasons Startups Don’t Receive Funding

Next month the Innovation Fund will announce the latest group of companies to win funding awards. This money is usually the first market validation that a new business idea has the potential for success. But there are a number of reasons why a good idea might not be awarded funding—at least not on the first attempt.

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Improve Your Odds of Raising Money

If you’re running a startup, chances are you’ll need to know how to raise capital.  You need to know how to find the right potential funding sources and once those sources are identified, how to increase your odds to get funding from those sources.

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What 'Skin in the Game' Means to Investors

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Every quarter a handful of entrepreneurs are pitching their companies to the Innovation Fund investment committee. That same day, the committee decides which companies will receive between $25,000 and $100,000 to advance their technologies.

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Ten Years and 1,000 Pitches Later

The Ohio Third Frontier's Entrepreneurial Signature Program has been supporting Northeast Ohio's incubators and entrepreneurial support organizations for approximately ten years now. GLIDE joined the ESP as a state-funded incubator 2006 and since that time we have helped numerous companies through the challenging early days of their startup.

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Why the Innovation Fund Loves When Entrepreneurs Who Don’t Win, Don’t Give Up

You know the old saying, “If at first you don’t succeed, try, try, try again?” Well, it’s pretty fitting for the Innovation Fund’s application process. On average, it takes entrepreneurs two to three attempts before they win funding. Surprised? I’m not.

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