Accelerators choose a cohort of early-stage founders to take part in a development programme with mentorship, which is handy for first-time founders without existing connections. Participants can also get a cash injection when they ‘graduate’, but usually have to give up some equity — though that’s usually no more than 10%. As a corporate lawyer, I have dealt with international transactions, complex litigation and arbitration, regulatory compliance, and multijurisdictional tax planning. In March 2021, I started my firm and shifted my professional focus to working with start-ups, small businesses, entrepreneurs, and families. I help my clients structure and run their businesses and take care of their assets, including intellectual property issues and estate planning for their families.
Startups must carefully manage their resources and explore creative financing options to bridge the gap between their financial needs and available capital. Startup funding is crucial as it provides the necessary resources for …