Funding

Before one starts a business, the entrepreneur needs to explore several aspects, which varies from business aspects to personal aspects. In the table below we outlined what the entrepreneur at least has to conduct in its exploration stage:

Exploration Stage	Business Aspects Identified a problem Solution found Identified value proposition towards potential customers Talked to many potential customers Talked to potential business partners (suppliers) Implement feedback from potential customers in your solution Plan made for better value proposition towards customers Look for additional team-members who can execute the plan Make a business plan and (financial) forcasts	Personal Aspects Willingness to accept this challenge Having passion for your venture Prepared to work hard, real hard Prepared to work for no, or far below market rate, salaries in initial stages Prepared to fail and try again Prepared to fail and try again Prepared to fail and try again Prepared to fail and try again Prepared to fail and try again Prepared to fail and try again

Once you are ready, and have done your homework, the entrepreneur can try to pitch for funding.
For promising entrepreneurs and companies, Crystal Horse provides two types of funding.

Companies where the stage is pre-revenue or the minimum viable product (mvp) is still in the iteration phase, please have a look at the iJam funding scheme.