Funding stages are like a slow process that pumps finance and raise the capital of your firm. These stages may help you determine the growth and development process of your firm.
Pre- Seeding Funding– Well, the perfect time of entering into the market, you can’t always get an investor ready to invest easily in the first go. So, the help you get from your family, friends, or your closest contacts is of utmost importance because not only do they trust you but they are the backbone for your first baby step for building a brand.
Seed Funding- Now that you have got money, even if it’s enough to raise a little capital, you’ll need extra help to maybe by launching your product or recruit people or develop the product and that’s where this funding will help you.
Series Funding- Now this is where the big leagues come in like the super angel investors, the venture capitalists, hedge funds, banks, and private equity firms who want to be a part of your business. This funding helps you create more revenue, increases your market share, helps to expand and the most important one is to help outlive your competitors.
It’s always going too hard and you’ll need all the help you’ll want during these phases so don’t hesitate to walk right through that door and ask help from Nova Scotia, the entire team is at your disposal if you truly want it.