Forums: Discussions for entrepreneurs and small business.

Very young company seek equipment & operation (marketing/sales) capital.  Willing to take on investors/equity partner as a possibility.  We are a 1.5 year old company with over 40 years combined in the IT industry.  We are licensed and waiting on certification from GMSDC & SDB. We are a minority & veteran owned company.  We can compete with the big boys, although our market is toward the SMB`s.  View our website: www.datalockdown.net .  We are currently operating on a shoestring budget and need the necessary funding to go to that next level.

Help Us!

Keenan,

Have you tried to acquire capital by avenues other than this post?

Capital (especially equity) is attracted to situations that are "Capital Ready". Being capital ready includes (among others) speaking to investors in their language - we call it the "language of capital".

All the best,

Robert Johnson

!.5 years is good, VC is usually looking for 2 years minimum before they think about equity participation.  Any ideas on how much you are looking for?

Are you aware of or have you given any consideration to the Certified Minority Lenders Program?

Thanks!  We are researching this aspect or direction currently.  It sounds plausible.  We are hoping that having the certification from one of their local affiliate offices (Georgia Minority Supplier Diversity Council) will produce the results needed!  Great Blogs!!!!

I would advice that you explore all the possiblities before bringing any investors or venture capitalists on board beacuse most of them are vultures looking to prey on desperate people. Not all VCs are bad,but its very important to look for someone who has the same vision and interests as you guys.

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