Call the local Chamber of Commerce in your area to find other local businesses that may be looking for investors. Mainvest is making funding for small businesses more accessible by aligning incentives with those of community investors and empowering founders to set their own conditions. There are steps you can take to minimize risk when selecting a company, as well as to find the company most likely to make a profit. As a new investor, go for companies that have a clear plan for generating profits and a wealth of past experience.
For too long, small businesses have struggled to access capital, while institutional capital has only benefited a small proportion of entrepreneurs. Examine business or business publications for information on new or established companies seeking investment. Mainvest supports local small business ecosystems by allowing the community to invest directly in local small businesses and, at the same time, providing access to capital on favorable terms for entrepreneurs. As a first-time business investor, avoid investing in companies where the people involved don't have the right business experience to evaluate their capabilities.
