Nearly 50 Business Plans posted to FundingNevada.com

April 24, 2006 (PRLEAP.COM) Business News
Nevada entrepreneurs are ready to let the chips fall where they may as FundingNevada.com reports nearly 50 business plans posted by area entrepreneurs hoping to find money in the gambling capital of the world.

Fortunately, for entrepreneurs, luck only plays a small role in the search for funding. According to Jeff Jordan, COO of FundingUniverse.com, a solid business plan is a must if entrepreneurs want to stack the deck in their favor. Jordan explained a thorough executive summary and information-packed business plans improves the chances of funding.

“A solid and well-organized business plan can mean the difference between funding and disappointment,” Jordan explained. “Without an outstanding business plan an investor will have little confidence in an entrepreneur’s idea.”

$12.9 million of investment capital is available to fund business plans in Nevada. While the amount of available capital is impressive, Jordan said there are about 118 entrepreneurs in Nevada searching for funding.

“With over 100 entrepreneurs looking for funding in Nevada, entrepreneurs need to try to set themselves apart from others,” Jordan said.

FundingUniverse.com provides examples of well-written business plans to help entrepreneurs. These examples can be used as guides for entrepreneurs to construct business plans. In addition, FundingUniversity provides information on what angel investors want, pitching tips, business plan helps, frequently asked questions, branding tips, FundingUniversity textbooks, company histories, and other online resources.

FundingNevada.com is a member of the FundingUniverse.com family of sites that provide a similar matching service for entrepreneurs and angel investors in other states throughout the U.S. FundingUniverse.com has gathered an estimated $550 million in startup capital from angel investors across the country.

FundingUniverse.com was founded by Internet entrepreneur Paul B. Allen and former Novell General Counsel David Bradford in April of 2005. Their creation has helped entrepreneurs meet dozens of angel investors throughout the nation this year.