Small business now generate 64% of net new jobs, according to the U.S. Small Business Administration. As a result, now, more than ever before, America believes in the small business. Red, white, and blue are blurring into pure green as the nation opens up its wallet and throws money into ideas or businesses that they believe in. Angel investing, venture capital, business loans, and business solutions offered by services companies online can help you get off your feet now.
Research firm CB Insights has informed us that, “Venture capital investments rose 19 percent, to $21.8 billion in 2010 — the first annual increase since the downturn.” This growth will surely continue, as Rep. Renee Elmers informs us that “Venture capital participation will increase by nearly 45%.”
Even if you know very little about starting business, resources like business accelerators are spreading across the U.S., aiding entrepreneurs in their pursuits by investing around “$25,000 for a 6 percent ownership stake.” As mentors, business accelerators inform entrepreneurs on how to build products and learn vital business skills.
Angel investing has also taken hold of the biz over the past few years. Travis Kalanick, CEO and founder of UBER, pinpoints the cause of this change in the growing importance of social networking. Kalanick claims, “How you get angel funding has substantially changed because we know who to go after. It’s very clear because they’re all blogging and tweeting out their interests on angel investing and their thoughts on it … Now, it’s much, much quicker to get these deals done.” Simply put, deals are made faster and easier. With funding and informational resources strengthening in this new era of business, it seems that small businesses will come out on top.
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