Monday, April 6, 2009

The SBA and Looking For Money

I thought there were grants for start ups with the new Recovery Act. Well, not so. Grants are limited to non-profits and government agencies. There are SBA loans where they will accept your loan if you are high risk. However, you have to collateralize your home. I looked at Private Equities that receive aid from The SBA - SBIC's. SBIC's are pools of SBA money. When I contacted a Private Equity Investor, he said that I should look at VC's instead - SBIC funds are exhausted. He said to look for Early Stage Investing.

So, you can GOOGLE Early Stage Investing but a lot of funds are either out of money or crashing. Take a look at some of the on line databases of early stage investors to see THEIR ACTIVITY LEVEL. Many say inactive.

So, I managing my project documents on a Wiki and really our active team is only three people now. We are seeking a domain expert in our specialized niche. We will meet with her on Friday and see if she can serve in a consultative role.

2 comments:

  1. Can you share how the wiki was created for the project documents. I saw a big IBM project use a wiki but never got into the details of creating. Thanks, great blog!

    ReplyDelete
  2. Brian:

    This Wiki was creating using The Wikidot.com website. This is not an intuitive interface for those used to Wintel applications. It shares much more with Open Source web portal software such as Joomla and PHPNuke. However, once you get past the user interface, you can design the menu's and the content of each page. You send out invitations to join via EMAIL and then invitees need to apply for access. A bit confusing but it all serves to make for secure information.

    Once the site is created, please keep in mind you are limited to 250mb of disk for documents and five user accounts unless you upgrade for $25 or even more is you want SSL (Secure Socket Layer).
    Nicholas

    ReplyDelete