I can’t say I like its title, but the post called “Earth to Venture Capitalists: Are You Out There?” on the American Express OPEN forum is a good reminder that there is some money available for new investments. And you might, if you need investment to get your startup going, just have to look harder.
Though it’s tougher for small businesses to come up with financing today than it was even a year ago, there are more resources to help locate capital that is available, says Wharton management professor Gary Dushnitsky, who studies entrepreneurs. And, he says, there are more opportunities for entrepreneurs to network with industry veterans and learn about previously unknown funding sources.
That’s posted there by knowledge@wharton.
It recommends several specific sources:
Don’t forget as well to ask your local SBDC or chamber of commerce about local angel investors as well.