FLASH: Financial Literacy Advisory Service Hub
Venture Capital Accelerator
Masterclass lectures in financial literacy prepare businesses to become bankable and to effectively manage their capital needs.
Including Venture Capital (VC) financing as a resource to local businesses provides a local means for growing and scaling successful businesses. BSA can help establish either a stand alone private venture capital presence or a public-private partnership fund for this purpose. As with revolving funds, BSA recommends requiring on-going business consulting as an eligibility requirement.
Venture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been determined to have high growth potential or that have demonstrated high growth
(in terms of number of employees, annual revenue, scale of operations, etc).
Workshop Topics
- Assessing Capital Needs
- Deploying your Bookkeeper, Accountant & CPA
- Underwriting Requirements
- Pitching Investors
Program Features
Venture Capital funds confer specific advantages to local businesses and economies:
- VC investors provide management support and expertise
- VC capital can fund innovative activities traditional lenders are reluctant to fund
- VC funds can foster industry clusters
- VC funds can be introduced with or without the use of local government funds