Which types of investment and funding opportunities are out there?

Crowdfunding

Crowdfunding allows entrepreneurs to raise (usually) small amounts of capital from a large group of individuals via the Internet to finance their business venture. The following crowdfunding opportunities exist for entrepreneurs in Romania:

Romania based crowdfunding platforms (in Romanian):

• Multifinantare
• Kazuu
• PotSiEu
• Crestem Idei
• We-are-here

International crowdfunding platforms

• Kickstarter is a US-based global crowdfunding platform for creative projects. The platform is reward/donation based and offering financial incentives like equity or repayment is prohibited.
• Indiegogo is a US-based global crowdfunding platform that help individuals, businesses, and non-profits raise money online. The platform is reward/donation based and offering financial incentives like equity or repayment is currently prohibited.

Angel investments

Angel investments are typically the earliest equity investors in startup companies. Angel investors are usually wealthy individuals that band together in investor networks.

• TechAngels  is a Romanian based business angel network helps facilitate financing for tech startups.
• AngelConnect is a network dedicated to business angels active in Romania and Eastern-Europe.
• Please click here for a list of Romanian Angel investors

Venture capital

Venture capital refers to money invested in a project in which there is a substantial element at risk, typically a new or expanding business.

• VentureConnect  organizes networking and pitching events to connect technology entrepreneurs to potential investors.

Government schemes

• Access to EU Finance helps SMEs to apply for finance supported by the European Union. You can find banks or venture capital funds in Romania that provide finance to SMEs by locating in the map.