FundRobot » Funding Sources » Is there an age requirment for getting funded via venture capital?

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Old   #1 (permalink)
 
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Default n age requirment for getting funded via venture capital

I am working on a new medical device. And i want to take build a company off this, and many other ideas. but i have a few problems.

1. Only 17. I was going to ask my uncle to help me. he owns his own business and i think that will look good on the business plan. show them we have experience business owners. But he's all the way in Boston. So, By any change could i seek funding myself?

2. I don't self records or anything like that. I was going to get working prototype made and use that to demonstrate.. will this work?



Thanks for your help.. Just trying to do something big in my teen years..
TvShows3 is offline   Reply With Quote
Old   #2 (permalink)
 
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Default n age requirment for getting funded via venture capital

18. You must be old enough to sign a contract. Venture capital won't be interested unless you can convince them the market for your product is many millions of dollars and will form the basis of a publicly traded corporation. You probably need to find angel investors instead of venture capitalists.
Happiness45 is offline   Reply With Quote
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