Seed capital has been a large concern during our time planning the launch of BrainWave. We have many ideas for obtaining capital but it remains an issue simply because of the steep expense involved in obtaining tooling, employing professional specialists, and launching a marine craft manufacturing plant. Marine manufacturing is already extremely capital intensive let alone the involvement and education of underprivileged teens.
In exploring ideas for cutting launch costs or obtaining seed capital we have identified a few concepts that seem to be most realistic and promising. Some of those ideas include partnerships with high quality parts providers and other marine manufacturers, sponsorships and partnerships with high power marine sports teams, pre order fees and payment plans, government funding both on a federal and state level, and developing early relationships with dealers and purchasers to fund the first boats.
Bellow are a few links that I have found in exploring avenues to obtain seed capital:
Inc. How to Raise Start Up Capital
Entrepreneur 3 Ways To Raise Seed Capital
Business Week Raising Seed Capital Now
Nate
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