Telecom
Funding available to entrepreneurs in underserved areas
To reach out to telecommunication entrepreneurs in underserved
areas, the Telecommunications Development Fund (TDF) is making
investments of up to $1 million per round in individual early-stage
companies. Entrepreneurs use the funding to develop new technology,
create innovative applications of old technology or even purchase
radio, television or cable properties (as long as they're not
merely transfers of ownership).
To get funding, you don't need to be an experienced
technology entrepreneur, but you should at least have a management
team with a background in your chosen field. The team should also
have a track record of successful business management, although it
needn't be in an entrepreneurial venture.
In addition to investing, TDF offers assistance ranging from
help in completing your management team to developing a growth
strategy. For more information, visit www.tdfund.com or call (202)
293-8840.
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