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You can approach the government to fund your idea. The government of India has introduced special schemes to finance small businesses. Some non-profit organizations or NGOs also support small businesses financially. Angel Investors & Venture Capitalists Angel investors and VCs are very similar. Both are interested in investing in your business, both want a share of your business and profits in return. The only difference is, VCs also want a seat in your office – they want a seat in your board or have some managing rights in your company. via GIPHY Angel investors need to be registered with the Securities Exchange Commission of India and need to have a net worth of at least Rs. 20 Lakhs. You can look for Angel Investors at forums like Angellist and MicroVentures. VCs are usually large companies that are ready to fund you. Here is a list of famous VCs in India. Incubators, Accelerators and Contests Startup or small business incubators and accelerators are usually angels or VCs that seek to help a small business grow.
Question: How do I get startup money for a business? Answer: Your Own Pockets For startup money for a small business, most people starting their own businesses reach into their own pockets first – even if they also intend to get debt financing in the form of a small business loan from a financial institution or some form of equity financing from angel investors or venture capitalists. If you don't reach into your own pocket first, you'll probably be asked to when you're trying to get financing. Almost all lenders or investors expect the person seeking a business loan or equity investment to make a personal financial contribution. If you are not confident enough in your business idea to risk making a personal investment, they figure, why would anyone else? If you don't have ready cash on hand, look to your personal assets as possible sources of startup money for a small business. This includes real estate, vehicles, retirement accounts, stocks and bonds, or any other asset that can be mortgaged, sold for cash, or used for collateral.