Funding Sources (October)

Fundraising is hard. There are a lot of events and lots of VCs and grants and prizes and its hard to sort it all out. You’ll give lots of pitches and get rejected a lot. However once you find that funding source that is the right fit then they will be a strategic partner forever.

This is too much to cover in a single blog post so I’ll update this topic monthly.

The Good News: Funding is up! Crunchbase is tracking a HUGE jump in Q3 funding year on year: https://news.crunchbase.com/venture/most-active-investors-recap-q3-2024/?utm_source=cb_weekend&utm_medium=email&utm_campaign=20241019

The monthly round up:

MFN Western Massachusetts Health Technology Challenge – https://massfoundersnetwork.org/mfn-western-massachusetts-health-technology-challenge/ – Accelerator worth up to $75k, applications due 11/22.

Red Bull Basement – https://www.redbull.com/us-en/event-series/basement – This is more exposure than funding, but VCs are sure to be watching what resonates at these events.

MGCC Grant Program – https://www.empoweringsmallbusiness.org/what-we-offer/small-business-technical-assistance-grant-program – Due 10/25

OpenVC – https://www.openvc.app/ – Searchable VC database by vertical and stage with 5,000+ listed ($) (Had our “sample” firm on the list)

DocSend – https://airtable.com/shrkohpeE2AO2ldeq/tbl5Q8N7NuW22z5Bt?backgroundColor=cyan&viewControls=on – free list of 300+ (did NOT have our sample firm on the list)

More next month!