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If you’ve got a great idea but need some financial help getting it off the ground then read below for some basic steps that will help you land the money you need. Capitalizing on venture capital firms can sometimes be the only way to fund a project you’ve been working on but since everyone is looking for what they’ve got (money) then you’ve got to be different than the rest. Here’s how:

• Stick to what you know! Trying to present a plan to a venture capital firm about something you have little or no idea about is going to be very obvious and won’t really get you anywhere.
• Your business plans “Executive Summary” should be perfect. Spend a LOT of time making it so.
• Find the right VC firm for what you’re trying to do. Look for firms that have recently funded or are looking to fund a project similar to what you are proposing.
• Once you’ve found the right firm and are invited to present your business plan don’t run on and on forever. Keep it concise yet informative. Your Powerpoint presentation should be 30-40 slides and less than an hour.
• The biggest thing you should know when going into a business presentation is exactly how much money you will need to raise. If you give a “Ohhh about 1 million” answer they’re going to think you haven’t done enough research to know exactly what you’ll need.

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