These are financial aid, advice and bonuses granted by the Administration (national, regional and local) in order to promote the creation of companies and the hiring of professionals, such as those offered by the Comprehensive Qualification and Employment Programme (PICE) for new entrepreneurs and self-employed workers or benefits for the hiring of young people under 30 years of age. These grants are constantly changing, so we recommend that you update and consult the information on this subject.
Through investors: we can find a wide variety of investors, although we highlight two: business angels and venture capital operations, which, although they have very similar financing characteristics, also have their differences.
Business angels : these are entrepreneurs who invest large sums of money – usually between 20,000 and 200,000 euros – and also contribute their knowledge and experience to startups . Since their investment mexico phone number large, the requirement is usually that they are convinced by the business plan presented and that they can recover the capital invested in approximately five years.
Venture capital : is a financial operation that consists of the economic investment of venture capital companies in startups that present projects with novel business models or technological systems, with a high risk and growth potential and from which a considerable return is expected. Venture capital companies, in exchange, obtain a stake in the company – usually around 20-30% – and sometimes a controlling position within the company.
The differences between the two are that business angels usually invest smaller amounts, their participation and presence in the company is for a longer period of time and in the early stages of the activity.
Crowdfunding : This involves obtaining income from a group of people for a certain period of time, through an online platform. Normally, the projects that are financed through this source unite the people who invest with a symbolic cause that makes them part of it and the amount invested is usually quite small, unlike other traditional investments. It is a source of financing that is in fashion due to the success that various business projects have achieved and the high number of people involved in the activity. Even some actions of political parties and social initiatives have been –and are– being financed through crowdfunding .
Crowdsourcing : is a source of funding that involves outsourcing tasks so that they are covered collaboratively. It does not necessarily involve a financial contribution, but in most cases they are contributions based on the work of professionals. It is done through a digital platform, such as crowdfunding .