 दुलंगे, वर्किंग as a associate professor in the Department of Mechanical Engineering at वाल्च्यान्त अंस्टुट तोब तेकनानाजी, सोलापु. In this video, we will discuss on गेटिंग फुंट्स for start-up. Learning outcome. At the end of this session, students will be able to understand गेटिंग फुंट्स for start-up. Content. When you can say you are ready to raise funds, business plan, how to fund your start-up, bootstrapping, crowd funding, incubation, incubator, accelerators, government supports for prototyping and references. गेटिंग फुंट्स. Pause the video for a moment and think what are the different sources available for raising funds. In my opinion, bank loans, incubators, start-up accelerators, start-up specific credit card, for example, card from IDBI, government institutions, CIDB, NABARD, MSME, Indian government start-up funds i.e. IAF, CIDB, SMILE and nowadays, Mudra fund. When you can say you are ready to raise the fund, first is promising concept. So your product or service must be a promising one. So it should be validated by early customer. So it has to be validated by the market and early customers. You are sure that additional fund can take you to the next phase. Typically, angels or CID stage VCs provide this kind of capital. Here VCs venture capitalists. But they prefer to invest in ventures located within particular area. They usually take an active role in the ventures they fund. Business plan. How to fund your start-up? Now what are the sources which are available to get a fund for your start-up? Boot strapping, crowd funding, incubators, start-up accelerators, impact investors, friends and families, angel investors, venture capitalists, private equity, bank loans. Advanced prepayment from future customers, start-up specific credit card, example is lagoodemi card from IDBI, government institutions, example is DSIR, CIDB, NABAD and MSME. Indian government start-up funds i.e. IF, CIDB, SMILE and MUDRA and certain government grants. Now funding. Now this is a typical example of impact investor. So this is the record which shows for the 17 years to 79 innovators and CID funding they got 573 million. Now what is the meaning of boot strapping? The dictionary meaning is get oneself or something into or out of a situation using existing resources. Some says that boot strapping is to pulling oneself up by own bootstraps. Arrange money from any source other than formal investors and lenders. It starts with personal savings, cutting cost to minimum sharing, office space, travelling by the cheapest option, hiring intern. Instead of regular employees, getting work done by freelancers. Instead of purchasing a new machine, purchase a older one, minimize personal expenses, avoid unnecessary expenses, trying to obtain payment in advance or as early as possible, applying for grant whenever possible. Now in the same line funds by boot strapping i.e. personal savings i.e. you can make use of a credit card, sharing office space. So the best example is Hirubhai Ambani who has shared the office and telephone during his initial days. Hiring intern instead of hiring a regular employee, engineering student in small groups can be hired for a particular project, paying a small amount. Getting work done by freelancers, nowadays freelancers are available, using used machines instead of new machines, applying for grant whenever possible. For example, DSIR give the grant in two phases, in the first phase they give 20 lakhs and you need not return the money, no need to return the money. In the second phase you can get 50 lakhs and on that 50 lakh there will not be any interest, trying to obtain payment in advance from the customers. Now what is crowdfunding? General public in access to nothing, so general public can participate in crowdfunding. GoFundMe is one example which gathered 50 million supporters to raise 5 billion dollars and guarantee protects donors against fraud. Such platforms are available and they do it for you with certain fees. Crowdfunding. Now how to look at crowdfunding? So first is type of crowdfunding that is personal fundraising, business or project fundraising or for charity or NGO non profit crowdfunding. So how fast you can access that is the features and performance, frauds. So customer support 24 by 7 email support. Most of the platform take 3 to 5 percent and some charges up to 30 percent to provide a platform. Crowdfunding in India, any kind of fundraising from the public is to be authorized by SEBI. That is Securities and Exchange Board of India. SEBI is yet to put in place former regulatory framework for crowdfunding. One best example is RANGDE has been providing micro loans online. So RANGDE has been funded by the World Bank through Development Marketplace. Milap is one online micro lending portal. Fuel Adream charges about 10.3 percent as a platform piece. Now the second is incubation. It is during the infant period for a product. Provide right conditions for product building or prototype building. The dictionary definition of incubation is the process of keeping something at the right condition for it to desirably mature. A mother bird sits on her eggs to provide the warmth for the eggs to mature the hatch. So incubation is something like for the infant period and it can be done through the institutions. And nowadays the private organizations are there which act as an incubation. Incubation, the word in startup context is a take off from the meaning in biology. Incubators are an ecosystem that is mentoring financial assistance, providing technology for startup. Where the basic infrastructure necessary for healthy unhindered progression of startup ideas into commercial ventures are provided as subsidized rates. Incubators provide space, utilities, connectivity, mentors and considerable amount of seed money. Incubation centers are mostly created by academic institutions such as IITs, IM, universities and engineering colleges. Incubators, problems may be sought out by like minded people. Incubation centers house several startups at one place where they can share infrastructure, tools, expertise and code develop product in a synergetic process for faster progress at the early stage. Once any startup is ready to go to market, it is expected to move out to formal office of their own. Seed money provided by incubators are either grant or soft known, repayable in easy terms. Now the accelerator, it is a new concept. First accelerator was Y combinator. A startup accelerator also referred to as seed accelerator is an organization who runs programs to support in an accelerated pace early stage both driven startups through mentorship, guidance, networking and with small fund it runs the program at its own space. The acceleration usually charges the companies being supported under the program in terms of equity that may range between 3-8%. Accelerator focus on one technology domain. Some of the preferred areas are hardware. Famous accelerator such as plug and play tech center in silicon valley helped Google, PayPal and Jusk transform their ideas into businesses. Y combinator mentored Airbnb, Dropbox and read it and almost a thousand of others. Accelerator, one example is Baiju, Ravindra and Ritesh Agrawal are some of the mentors for insight. The search is search pickup 10-20 early stage startups twice every year for mentoring. Now certain government supports are also available for prototyping. Department of scientific and industrial research. Second is Sidbhi, TI-FAC third is ministry of small and medium enterprises. So Sidbhi is one of the famous organization which supports the entrepreneur up to 20 lakhs that is or 10% of the project cost. These are the references which are used to create this video. Thank you.