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Tuesday, August 4, 2009

Finding Inspiration, Funding Innovation

By Tarini Chandak

Over 90% of all business in Canada is small business – founded by entrepreneurs who had an innovative idea. In our current economy, where innovation and creativity are essential to surviving and thriving, youth need to start considering entrepreneurship as a realistic option not just for their future – but starting now!

Are you a young entrepreneur with an innovative idea but can't launch because you don't have the funding? Is your venture ready for business growth except that you don't have the funds to make it happen? Are you looking for an alternative way to raise capital for your venture? Here’s a great idea for young entrepreneurs who are interested in making an impact!

Lemonade Capital is a micro venture-capital and business consulting firm that increases the flow of capital and other essential business resources to innovative ventures launched by young entrepreneurs. The firm assists in the launch or growth of recently-launched businesses by providing funding, mentoring, business consulting, and personal development resources.

Lemonade Capital is seeking entrepreneurs or aspiring entrepreneurs with innovative business ideas, recently launched ventures, or ventures in the beta phase. Minimum funding of $25,000 is being offered as VC positions and micro loans. Equity-stakes and loan terms/rates are negotiable. The funding time frame is immediate, short-term, and long-term. If you have a dynamic venture, this is the opportunity for you!

Ventures from across Canada and in all industries are invited to apply. However, ventures in the industries of IT & mobile technology, green technology, blue technology, clean technology, health care, and services are preferred. In order to submit a business plan to Lemonade Capital, the venture must have at least one founder, with at least 51% ownership, who is under the age of 30.

For more information, please visit http://www.lemonadecapital.ca.

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