There is no denying that entrepreneurs need sources of fund. But a source that is a relentless cycle of borrowing, paying interest, then borrowing more is pretty expensive. The reality is most entrepreneurs are new to their business. Everything else for them is a need and their need list can grow bigger with time. It is the way new businesses are created. Every time they come to existence, there is a rush to find any possible source. They quickly start taking loans. Acquiring new loans make the business root itself to the ground – but only temporarily. What they need is a reliable source of fund where they don’t have to worry much about paying back immediately. Alexei Beltyukov, a Russian entrepreneur found such a funding company called A-Ventures Management which provides financial assistance to Russian entrepreneurs. The angel funding firm Endemic Capital was started in 2013 as well. Alexei is also a well-known philanthropist according to his business colleagues and partners.
Alexei called the process of obtaining financial assistance to start a new venture a pleasant approach. After experiencing himself the difficulty of funding his company, he quickly attracted many angel investors to his new venture to help others. The good thing was that he was able to get what he wanted. He didn’t have to give up his passion for new businesses when he set out to help other people in similar situations. Instead, he went on to become President, Vice President and manager of many firms in various sectors. Alexei is also the founder of a Russian Alumni Scholarship at INSEAD. This fund provides assistance to low income students planning to study at INSEAD university. Alexei has worked with Russian Government in providing economic support and guidance. He is the Vice President of Skolkovo Foundation he founded in early 2000.
Given the huge number of services, the constantly provided deals and the varying pattern of use, there is no one financial package that is right for every business. His company provides and grants for Russian technology start-ups as well. There are funds affiliated with various angel investors that give the entrepreneurs an opportunity to think about running their venture rather than money. By offering substantial credit limits, the funds are for encouraging them not to pile up debt from banks but concentrate on their service to customers.
Make use of this fund in the right way and you can make your business successful. Understand how they play a major role in your life and stay vigilant to get the best deals. Here, you will be investing relatively little time to procure the fund. Not an entrepreneur but planning to expand your business? No problem. Alexei Beltyukov’s company also funds those who want to spread across Russia. There are over a dozen type of funds out there with this company that offer everything from funds to open a store to extra payments for building mortgage. So, if you are an entrepreneur, check out the Alexei Beltyukov’s official website for more details.