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Raising funds in the US backed by USD$165.000 contract, is it possible?
Hi, I will try to make it short. I own a company in South America and I got $15.000 USD equity free to start my own company some months ago and being part of an Accelerator program. Thanks to that, I was able to work on my project. Nowadays, I am about to close a contract with the Government of $165.000 USD. However, I need initial capital to buy the supplies to provide the products/services. There's a high potential of getting more contracts, but I don't know if I should keep going because this starting capital problem. It's highly difficult to raise money in this country if you're not someone with certain last name or you come from certain high school, that's the reality. Banks are not a possibility because they replied I need 2 years of history with my company to -consider- lending money. What do you recommend? I was thinking in creating a LLC or Corp in Delaware to participate in crowdfunding investment platfoms. Thanks!1
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