Raising Capital for International Expansion
“Most entrepreneurs will under-estimate the cost and time of executing an effective market entry,” claims mentor Izzy Fox of White Cloud Capital.
When looking to enter a new market, you may find whatever you estimate, you'll need to double the time and double the cost. That means you'll need to access finance.
There are many options open to companies looking to raise funds. Many of our cohort members have received interest from VC firms but there's also crowdfunding, angel investors and corporate money to think about.
We spoke to our mentors and cohort members to understand the different options available as well as what preparation goes into raising capital for international expansion.