Money Buzz 08/05
New access to VC funding, foreign real estate and more
Need to get a foot in the funding door? A new screening system by The Venture Alliance in Newport Beach, California, aims to help early stage and pre-IPO companies gain access to VCs, angel investors and investment banks by scoring their "fundability."
TVA employs a proprietary point system that scores companies on key measurements, such as market opportunity, corporate structure, and management and ownership. Companies with strong scores are passed on to TVA funding partners, who perform their own due diligence to make funding decisions. "Out of the 34 companies that scored 1,000 or more points last year, 17 were funded, for a total of $76 million," says founder and CEO Jim Casparie, who reports that fees for the application process range from $1,000 to $2,500.
4th of July Subscription Sale - Unlock this subscriber exclusive article and more for 20% off today.
Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.
Get 20% off an annual subscription today. Just use code SAVE20 at checkout.
Entrepreneur Editors' Picks
Tory Burch Built a Brand Around Empowering Women. Now Her Foundation Is Furthering Her Mission: 'How Do We as a Company Have a Positive Impact on Humanity?'
This Founder Had to Play College Basketball in Men's Shorts and Shoes, So She Launched an Athletic Clothing Company Named After the Now 50-Year-Old Title IX Act
Is Beyoncé's 'Break My Soul' the Theme Song of the Great Resignation?
You're Probably Falling for All of Amazon Prime Day's Psychological Sales Tactics. A Marketing Professor Reveals Them — and How You Can Actually Get the Best Deal.
Comedian Paul Virzi: 'If You're Not Authentic, You Have Nothing'
Struggling to Come Up With Creative Ideas? Try Doing This.
Picking a Winning Emerging Brand Is How You Get Rich in Franchising. Here's How to Spot One.