For most would-be entrepreneurs finding capital to start up a business is one of the most difficult obstacles that must be overcome. The best business ideas will never move beyond the planning stage when there is no capital infused to actually take that idea off the ground.
Now, an avenue has been opened for entrepreneurs who are in the midst of raising capital. A big private funding resource is now available from a new collective of visionary businessmen.
The Development Capital Exchange (DCX) is a new information exchange through which prospective entrepreneurs can possibly meet other businessmen/entrepreneurs who have available funding that they want to use to invest in other businesses. DCX has more than 200,000 entrepreneurs who are willing to invest £20,000 to £500,000 in various enterprises.
DCX’s main purpose is to help release information between investors and fund-seeking entrepreneurs. The business opportunities that are mainly dealt with in DCX are primarily those that can be covered under the Enterprise Investment Scheme, a measure that aims to introduce tax incentives for those wanting to put up an entrepreneurial investment in early-stage companies. Other businessmen, on the other hand, want to bring in their expertise in business so that they can impart them to ensure that growing enterprises achieve a more than favorable chance for success.
With funding services like DCX and a growing trend in using company formation companies and business solutions professionals – the prospects of bringing a business idea into fruition has become a whole lot easier for many entrepreneurs.