Published Paper


"Beyond Banks: Exploring Alternative Financing Options for Start-up Administrators"

Kapil V Dongargaonkar Barna Naidu Shraddha K. Suryawanshi Sanny Kumar
Bihar, India
Page: 1658-1674
Published on: 2024 June

Abstract

In today's dynamic Start-up landscape, accessing capital remains a critical challenge for administrators aiming to fuel growth and innovation. While traditional banking channels offer one avenue for financing, exploring alternative options has become increasingly imperative. This paper delves into the realm of alternative financing options available to Start-up administrators, offering insights into diverse strategies and real-world industry examples.Venture capital (VC) stands as a prominent alternative, exemplified by the success of companies like Uber and Airbnb, which leveraged VC funding to achieve exponential growth. Crowdfunding platforms such as Kickstarter and Indiegogo provide another avenue, democratizing investment and empowering Start-ups to engage directly with their target audience. Furthermore, angel investors play a vital role, exemplified by the early support provided to companies like Google and Facebook.Moreover, the emergence of cryptocurrency and blockchain technology has revolutionized fundraising through Initial Coin Offerings (icos) and Security Token Offerings (stos), with projects like Ethereum and Ripple showcasing the transformative potential of these methods.

By examining these alternative financing options and their real-world applications, this paper equips Start-up administrators with the knowledge and insights needed to navigate the complex landscape of capital raising, fostering sustainable growth and success in the competitive Start-up ecosystem.

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