WHAT IS A TECHNOLOGICAL AND/OR IT DEVELOPMENT FOR A NEW COMPANY?

Accelerate your company with these tips "What is a technological and/or IT development for a new company? Analyse and discover this TIP!

Raising the money to fund a computer technology development is crucial and can be a challenge, especially for small businesses or start-ups. However, There are several options available for obtaining the necessary funds to carry out an IT development project.

Ranked in order of most beneficial to the startup would be

1. Own funds: It is ideal, you invest your own money and you have control of the 100% of the company.
2. Bank loans (see+): Apply for a loan from a bank or financial institution to finance your development. Banks offer loans for IT development projects, but it is important to have a good credit history and a sound financial plan. It is difficult for a bank to give you a loan for the project without a good track record and a solid business behind it, as this type of project is very risky. Even so, there are banks that have taken out lines for this type of project, such as Bstartup Sabadell, Caixa Day One and BBVA Spark, which offer loans for this type of project. This financing is the best as you still have 100% over your company.
3. FFF (see+): Friends, Family and Acquaintances. People who trust you and invest money in the company for the sole reason that they know you. Sometimes it is the only way to get the money to invest in development. They keep a percentage of the company, don't create high expectations that they will make a lot of money to avoid the risk of losing friends and family when you lose in the company!!!!
4. Government subsidies (see+): Many governments offer grants to support the development of innovative technologies and job creation in their respective regions. It is important to research the different grant options available and meet the eligibility requirements.
5. Business Angels Investment (see+): are private investors who provide capital and expertise to startups and emerging companies. Often, these investors also provide valuable advice and connections to help companies grow. 
6. Venture capital funds: is a form of financing provided by investors who are willing to take risks in exchange for a stake in the business. This type of financing is often more difficult to obtain, but can provide greater flexibility in terms and conditions. It is very rare for them to enter early stages.
7. Crowdfunding (see+): is a way to raise funds through an online platform, where a large number of people can contribute small amounts of money to support a project. This option is especially useful for projects with a strong supporter base and a history of success in implementing similar projects.
8. Tech for equity (ver+): If in most service for equity models it is bad for the startup, in this case it is even worse. Partnering with a company that creates the technology in exchange for a percentage of the partnership is a mistake that kills the startup in the medium term. The percentage will be large because you have nothing or almost nothing and the company has to create the technology (which is a fundamental part of the project), this will prevent you as founder from having a sufficient percentage of the company and will prevent other investors from entering, as they are not interested in entering a project like this. This type of agreement does not benefit you at all.

In general, it is important to investigate all available options and choose the option that best suits the needs and objectives of the business. Remember that in the acceleration programme we help you to access all the existing sources so that you can have your computer development

The artificial intelligence (see+ TIP) can help you in your search for funding in a number of ways:

First, it can provide you with additional information and details about each financing option, such as advantages and disadvantages, requirements, terms and amounts of financing available. You can also ask artificial intelligence about any questions you have regarding financing, for example, how to prepare an effective investor presentation, how to present a sound financial plan and what documents are needed to apply for loans or grants.

In addition, artificial intelligence can help you optimise your search for funding through the use of artificial intelligence and data analysis techniques. For example, you can use artificial intelligence to research and compare different funding sources based on requirements, terms and conditions, and the success rate of funding for similar projects.

You can also use artificial intelligence to analyse the feasibility and profitability of your IT development project, which can help you prepare a more effective presentation to investors and increase your chances of securing funding.

In short, artificial intelligence can be a great resource to help you find and secure funding for your IT or technology development project, providing you with information, details and analysis to help you make informed and cost-effective decisions.