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Financial

Estimation
& Funding
Opportunities for Early Funding for Startups

Ideathons Competitions Hackathons

Seed Fund support


Business Pitch Seed Fund
programs though
Competitions Programs
Incubators

Government
Startup Schemes
(IOCL, CICSO, ISRO
& others)
1.Atal Innovation Mission (AIM):
https://aim.gov.in/
Govt. 2.Startup India:
Supported https://www.startupindia.gov.in/con
tent/sih/en/search.html?query=fun
funding ding
schemes for 3.National Science and Technology
Entrepreneurship Development
startups Board (NSTEDB):
https://www.nstedb.com/
4.India Science Technology and Innov
ation
https://www.indiascienceandtechn
ology.gov.in/funding-opportunities/s
tartups
5.Technology Development Board
(TDB):
http://tdb.gov.in/seed-support-sche
Govt.
Supported 1.Biotechnology Industry Research
Assistance Council (BIRAC):
funding https://birac.nic.in/
schemes for 2.Rural Innovation Fund (RIF):
startups https://www.nabard.org/content1.a
spx?id=685&catid=8&mid=8
3.Pradhan Mantri Yuva Yojana:
https://pmjandhanyojana.co.in/prad
han-mantri-yuva-yojana/
• IBM Global Entrepreneur Program: IBM's
Global Entrepreneur Program provides
Industry startups with access to IBM cloud services,
Sponsored technology support, and networking
opportunities. The program is designed to
Funding help startups scale and grow their
businesses.
Schemes for More information about the program can be
startups for found here
students https://developer.ibm.com/startups/

• Microsoft for Startups: Microsoft for Startups


is a global program that provides startups
with access to Microsoft technologies, co-
selling opportunities, and mentorship. The
program is designed to help startups build
and grow their businesses.
More information about the program can be
found here
Google for Startups: Google for Startups
provides startups with access to Google
Industry technologies, mentorship, and networking
Sponsored opportunities. The program is designed to help
startups build and grow their businesses.
Funding More information about the program can be
found here:
Schemes for https://developers.google.com/startups/
startups for Cisco LaunchPad: Cisco LaunchPad is a startup
accelerator program that provides startups
students with access to technology support,
mentorship, and networking opportunities.
The program is designed to help startups build
and grow their businesses.
More information about the program can be
found here
https://launchpad.cisco.com/c/programs.html
Qualcomm Design in India Challenge: Qualcomm's
Design in India Challenge is a startup challenge that
Industry provides startups with funding, mentorship, and
access to technology support. The program is
Sponsored designed to help startups develop innovative
products and solutions.
Funding More information about the program can be found
here
Schemes for
startups for https://www.qualcomm.com/company/locations/i
ndia/design-in-india-program/design-in-india-chall
enge
students
Facebook Accelerator: Facebook Accelerator is a
startup accelerator program that provides startups
with access to Facebook technologies, mentorship,
and networking opportunities. The program is
designed to help startups build and grow their
businesses.
More information about the program can be found
here

https://about.fb.com/news/2022/10/announcing-o
ur-2022-facebook-community-accelerator-participa
Nasscom 10,000 Startups: Nasscom 10,000
Startups is a startup accelerator program that
Industry provides startups with access to technology
support, mentorship, and networking
Sponsored opportunities. The program is designed to help
startups build and grow their businesses.
Funding More information about the program can be
Schemes for found here
http://10000startups.com/
startups for
students Zone Startups India: Zone Startups India is a
startup accelerator program that provides
startups with access to technology support,
mentorship, and networking opportunities. The
program is designed to help startups build and
grow their businesses.
More information about the program can be
found here
https://www.zonestartups.com/india
DIFFERENT TYPES OF
FINANCIAL NEEDS
• To ensure you have adequate funds, it’s
important to estimate your financial needs
before starting a new business.
• One-time costs may include such items as
legal and professional costs for incorporating
or registering your business; starting
inventory; licence and permit fees; office
supplies and equipment; long-term assets,
such as machinery, a vehicle or real estate;
consulting services; and website design.
• Recurring expenses will include such items
as salaries, rent or lease payments, raw
materials, marketing costs, office and plant
overhead, financing costs, maintenance and
professional fees.
What is a financial
projection?

Key points to
remember for Why are financial
projections
financial important?
estimation

How to make
financial projections
for small business
What is a financial
projection?
• In short, financial projections are a
forecast of future revenue and
expenses.
• You can create different types of
financial projections for start-ups,
including short-term, medium-term,
and long-term projections.
• While short-term projections tend to
be focused on the first year of your
business, a long-term projection may
cover three to five years.
Why are financial
projections
important?

• Used to attract investors or apply for


a bank loan. It enables you to re-
evaluate your business’s strengths
and weaknesses, anticipate
problems, take stock of your current
position, and establish a clear
course of action to generate growth.
• It’s not just a number-crunching
exercise, but a significant element of
your company’s long-term strategic
planning, helping to translate goals
into clearly defined targets.
Steps to understand Financial Feasibility of
Venture

Step1: Estimate the Cost of Venture

Step 2: Estimate the Revenue

Step 3: Estimate the additional revenue stream

Step 4: Analyze your key metrics

Step 5: Identify the sources and use of funds


• Startup Cost: Startup cost refers to the expenses
that a new business incurs when starting its
operations. These costs can include everything from
legal fees and permits to equipment and inventory.
In general, startup costs are the initial expenses
Step 1: incurred before the business begins generating
revenue.
Estimate the • Fixed Cost: In venture, fixed cost refers to the
expenses that do not vary with the level of
cost of production or sales.
Venture • Variable Cost: In venture, variable costs refer to the
expenses that vary with the level of production or
sales. These costs increase as the business produces
more products or services, and decrease as
production levels decrease. Variable costs are
typically associated with the cost of goods sold
(COGS), which includes the direct costs of producing
or delivering a product or service.
• Identify your Price Point
Identifying the right price point for a product
or service involves several steps, including
understanding your costs, researching your
market, determining your value proposition,
experimenting with pricing, and monitoring
Step 2: and adjusting your pricing strategy.
Estimate the It's important to keep in mind that pricing is
not a one-time decision and may need to be
Revenue adjusted over time.

• Estimate the number of units sold in a fixed


time period (monthly, quarterly)
Estimating the number of units sold in a fixed
time period can be done by using a
combination of historical data, market
research, and sales projections.
To identify additional revenue
streams;
Step 3: • businesses should analyze their current
Estimate the products or services,
• understand their target market,
additional research their competition,
revenue • explore new markets, leverage
stream technology,
• offer complementary products or
services.
• Revenue: The total amount of money
earned by the business from the sale
of goods or services.
• Gross profit margin: The percentage of
Step 4: revenue that remains after deducting
Analyze the cost of goods sold.
your key • Net profit margin: The percentage of
revenue that remains after all
metrics expenses, including taxes and interest,
are deducted.
• Return on investment (ROI): The ratio
of the net profit to the amount
invested in the business.
• Payback Period: Payback period is
a financial metric that calculates
the length of time it takes for a
business to recoup its initial
investment in a project or
Step 4: investment.
Analyze • Breakeven is a financial metric
your key that represents the point at which
a business generates enough
metrics revenue to cover its total costs,
resulting in zero profit or loss. In
other words, it is the point at
which a business is neither
making a profit nor incurring a
loss.
• Determine sources of funds: Identify
potential sources of funding, such as
personal savings, loans, grants,
investors, or crowdfunding.
Step 5: • Consider the advantages and
Identify the disadvantages of each source and
determine which ones are best suited
Sources and to the needs of the business.
Uses of your • Develop a financial plan: Create a
Funds financial plan that outlines the
expected sources and uses of funds for
the first few years of the business.
• The plan should include projected
revenues, expenses, and cash flows.
Stages of Funding
Breakout Group activity

2
Identify Finding some of the funding agencies and
some of the hackathon programs hosted by the countries
except India. (Example: The below two
famous Funding Agencies are hosted by India I
hackathon mentioned for your reference).
and funding
Take 20 minutes of time and list out at least 5
agency funding agencies and mention five
schemes hackathons or ideathons are hosted by other
countries and their programs.
hosted by
the
countries?
Thank
You

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