1. Business Angels Funding & Involvement in the project Non-refundable | Participation in social capital Active involvement in the decission making process Significant non-monetary contribution: knowledge, networking, etc. Individuals (or Business Angels Networks) Investment between 25.000 – 250.000 €

2. Venture Capital Funding & Involvement in the project Participation in social capital Enterprises specialised in venture capital Investment over 500.000 € L/T Investment horizon (5 or 10 years) Management support services

3. Microcredits Funding Refundable | No entry into the social capital Usually related to specific profile (youth, women…) Without guarantees Up to 25.000 - 30.000 € Usually linked to social entities Business plan needed

4. Crowdfunding Funding Campaigns limited in time and the amount of money Based on online platforms Usually not refundable but offering incentives – recompense models in return. Might imply entry in social capital KICKSTARTER - https://www.kickstarter.com/

5. Participation Loans Funding Refundable Entry into the social capital, investor take on the same risk as the entrepreneur Usually connected to public entities Advantageous conditions: Interest rate depends on the stage of development Debt service deductible in taxes Initial grace period Without guarantors

6. P2C Lending Financing Refundable | No entry into the capital Loan interest depends on borrower’s credit record. Usually high. Not fully regulated by finantial authorities Based on Internet. Platforms might take a middleman role or just facilite contact between lender & borrower LENDICO / VALUNA

7. Seed money Funding Several possible types: equity, loan, donation Usually linked to incubators / accelerators or public entities Smalls amounts of money First steps until the company become ellegible for other funding alternatives Also known as Seed funding or Seed capital

8. Business barter Exchange of goods / services Non finantial transaction required Linked to the very beginning of the activity Usually related to incubators / accelerators