Open Source Funding

February 24, 2009 · Filed Under Business Funding · 8 Comments 

I know there are many newly started, or about-to-start businesses out there just waiting for an investor to jump in and help them. Well, now’s your chance. Hi-tech entrepreneur, Mark Cuban, has developed his own private stimulus plan for small business, and is willing to consider funding existing, or start up businesses. If you are looking for “jump start” money, this program may be for you.

Here is what Mark said initially on his blog:

Rather than trying to be a Venture Capitalist, I was looking for an idea that hopefully could inspire people to create businesses that could quickly become self funding. Businesses that just needed a jump start to get the ball rolling and create jobs. Im a big believer that entrepreneurs will lead us out of this mess. I just needed a way to help.

So here it is. Some people will love it, some will hate it. It is what it is.

Some of Marks rules for funding may be outside the box, but he moves fast, and if your business qualifies, you may be funded very quickly.

This is certainly not the only way to fund your business, but it is an interesting concept, and well worth taking a look at.

For more information and all the details on applying for funding, go to Marks blog.

Good luck!

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