Looking to start up your own business as a student or recent graduate can be daunting, having put work in to start up ventures for university projects I am well aware of this. In addition to this students are faced with having a student loan hanging over their heads which can deter young people from trying to start up their own venture. Despite these factors there are avenues to gain start up funding for your idea as well as receiving expertise from potential investors.
Crowd funding websites are becoming extremely valuable tools for people to gain the cash required to start up their business. An example of these websites is Kickstarter which allows you to invest in various ideas. The concept behind this is you only hand over money if the idea receives the right amount of funding and gets started, if it doesn’t start up you receive your money back. The internet provides amazing opportunities for young entrepreneurs to connect with people who might be interested in investing. This could be through Facebook, Linkedin, Instagram, Twitter or various crowd funding and investment sites.
The following article contains good advice for young entrepreneurs who are concerned about starting up a business with a student loan: http://www.entrepreneur.com/article/243567