All modesty aside, we think the Great Funding Database is better. Here's why.
Ours is Bigger and Broader. Most online resources just specialize in one resource category, for example venture capital funds. We make better use of business owners’ time by providing venture capital funds PLUS micro-enterprise lenders, incubators, social enterprise funders, small business development centers, SCORE education centers, and angel investment clubs all in one convenient location.
It's Our Work Start On Purpose has carefully researched the content of its database with an eye to what matters most to time-strapped startup entrepreneurs and business owners. Because we don't license database information from third party sources we can make frequent changes to our database to reflect new resource information.
The Great Funding Database includes many free resources that might help you develop a stronger business plan—possibly one that will make it easier for you to raise money, identify vendors and attract first employees to your organization. You'll also be able to read helpful fundraising tips that are posted within the “members only” section of the Start On Purpose site.
No, the database also includes resources for more established businesses that may want to raise equity to fund new product development or buy other companies. For business owners that are gearing up for sale, check out the large number of “buyout” funds that specialize in buying all or a part of growing companies, perhaps just like yours!
Possibly. The database does include a small number of funding sources that maintain offices in Canada or are willing to invest in Canadian companies. The database also includes some venture capital resources for businesses located in China, Japan, Europe, India and Israel. But the database is primarily a resource for U.S. based businesses.
Easy search tips and instructions are provided to members once they join and sign in. The search tools are easy to navigate and geared to providing funding and education resources that are most likely to be relevant to a specific type and location of the business. For every search, you will receive a unique report, which you can print out or save to your “account file” for future reference. Members are then encouraged to read more about each funding and educational resource candidate as well as tips offered by Start On Purpose on the factors that may help improve business viability and venture funding success.
The database was built by venture finance expert and educator Susan Schreter. The most common question she receives from her column readers is, “Where can I go for funding for my business?” As her column began to reach a nationwide audience, she found that she was devoting considerable time to researching resources and personally answering letter writer questions. Over time, her growing list of funding and educational resources became affectionately known to her friends, colleagues and business school students as “the monster,” “the great one,” “the great source” and eventually “the great funding database.” Overall, we at Start On Purpose think of the database as great information for entrepreneurs who want to achieve great goals.
No, Start On Purpose does not charge fees to funding or education resources that are included in the Great Funding Database. However, we do make a limited amount of site space available to advertisers to help sustain our service-oriented operations.
No. Funding decisions are made solely by the funding source. The purpose and value of the Great Funding Database is to save business owners time in matching their company’s funding needs to appropriate funding resources.