{"id":32861,"date":"2022-12-14T07:17:00","date_gmt":"2022-12-14T07:17:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=32861"},"modified":"2022-12-14T17:00:14","modified_gmt":"2022-12-14T17:00:14","slug":"how-to-fuel-your-student-led-startup-best-grant-opportunities","status":"publish","type":"post","link":"https:\/\/businessyield.com\/start-ups\/how-to-fuel-your-student-led-startup-best-grant-opportunities\/","title":{"rendered":"How to Fuel Your Student-Led Startup: Best Grant Opportunities","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n
Being a student is hard, but starting a business while you’re in college certainly adds to the challenge. However, it’s absolutely possible and greatly rewarding, and you can access some fantastic grant opportunities<\/a>. Many people think launching a student startup company is super tricky and almost impossible. Still, there are a lot of resources that make it achievable. There is support in the form of networking events and venture funds. You can also access business loans, crowdfunding, and bootstrapping.<\/p>\n\n\n\n It’s safe to say that thanks to these resources and the minimal risk involved, there are lots more student-led startups out there these days. In fact, around 1,500 universities have entrepreneurial resources for their students in some form, which is a 120% increase in half a decade. <\/p>\n\n\n\n While most universities and colleges offer networking events, hackathons, and incubators, there are also many resources for specific students starting a startup in college. So, if you haven’t managed to get something from your campus, there are still ways you can get started.<\/p>\n\n\n\n According to the corporate communications section at LinkedIn, nearly 80% of professionals believe networking is valuable to their career success. This research also showed that 70% of people got a job in a company connected with an existing employee.<\/p>\n\n\n\n Anyone in any career can benefit from networking events, but this is especially true for entrepreneurs and business owners. There are often networking events that are designed with students in mind. They can get together with other entrepreneurs, community leaders, and investors. It’s at networking events that you’ll often find the best grant opportunities to fuel student-led startup ideas.<\/p>\n\n\n\n Students can benefit from researching networking events for entrepreneurs and startups in their communities. Even if these aren’t geared toward students, it’s still great to get advice from some of the most experienced innovators.<\/p>\n\n\n\n Grants also help students get a certificate from the university about annual leave or even a postponement of exams. While building a new business or promoting a startup, students do not always have time for full-fledged learning. In such cases, students can also search online for help with essays or research papers and check out the full picture of professional essay writing services<\/a> available today. Since, most often, universities are interested in students developing their businesses, every teacher will support you.<\/p>\n\n\n\n The number of business plan competitions around universities and colleges has increased during the last few years. These can lead to valuable introductions and publicity. There are even competitions on national and international levels like the Global Student Entrepreneur Awards and the International Business Model Competition.<\/p>\n\n\n\n These are contents between early-stage and startup businesses. The idea behind them is that participants compete to draw up and submit an idea for a business (or use their actual business plan) following the contest’s set guidelines. The start-up plans will be judged for things like feasibility, creativity, quality, and execution.<\/p>\n\n\n\n The competitions provide excellent feedback and funding for your venture too.<\/p>\n\n\n\n Searching on Google or another search engine will bring loads up. The competitions are often very different, so if you’re entering more than one, make sure you tailor your application to the contest’s specific requirements.<\/p>\n\n\n\n Since many students choose to become entrepreneurs while still at college, there has been an emergence of investment funds with a student focus. Resources like Dorm Run Fund, a student-run venture capital fund, have invested in hundreds of student business ideas.<\/p>\n\n\n\n VCFs are funds of pooled investments. They manage investors’ money when they want to have equity stakes in new startups or small enterprises with strong growth potential. Typically, for an investor, student entrepreneurship venture funds are a very high-risk opportunity for an investor, but they often offer high returns.<\/p>\n\n\n\nNetworking Events<\/span><\/h2>\n\n\n\n
Competitions with business plans<\/h2>\n\n\n\n
What are business plan competitions?<\/h2>\n\n\n\n
How do you fund business plan contests?<\/h2>\n\n\n\n
#1. Venture funds<\/h3>\n\n\n\n
What are venture capital funds?<\/h2>\n\n\n\n
#1. Crowdfunding<\/h3>\n\n\n\n