(try to) Get funds for your project with My Micro Fund

« Do you require funding for a business idea? Share with me your story and business proposal and be considered for micro funding in the form of a grant or a goodwill loan – basically you pay back what you can. If I like your idea you will receive between USD $500 to $3,000. »

This is how Alex from My Micro Fund introduces his idea.

You can get funds for your next project following these steps:

1) Submit your proposal, with all relevant deltails such as how much do you need for how long, a simple business plan what is your plan to repay the fund if your venture is successful and what do you intend to do to replenish the fund if your venture is NOT successful

2) Get the money, anywhere in the world(*)

(*) That’s what Alex says, but I don’t really know if he’s really able to make you get the money if you live in a sanctioned Country.

3) Work on your project keeping Alex updated regularly as you execute your business plan so that he can share your experience with his readers

4) Repay the fund based on your goodwill… nothing is legally binding and everything is based on mutual trust and due diligence.

The project sounds really interesting, at the moment I am sending an email to Alex to have a loan for a project. It’s a project I can afford by myself but I really want to try the service and share this experience with you.

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13 Responses

  1. Wubishet Kassa Bahiru says:

    I am a Economist by profission but I am currently working at the Ministry of Agriculture and Rural development as A socio economist -III.

    I have the Iron well interst to get envolved and work at small bussiness, but I have a strong financial bottle necks, what do you sugest me?

  2. Hawdon says:

    This looks very interesting…
    I have an idea which realy could be “the next thing”… I know that sounded kinda cliché, but I realy do belive it could be… I’m currently trying to get my game sponsored on FGL, and if I do get it sponsored I might get the idea up and running, but other wise I won’t have the funds so I might use this!

    Thanks a lot for the tip!

  3. robby says:

    every time i visit your site emanuele my AVG anti virus software pops up, not sure whats going on, anyone else have this problem?

  4. Rajat Goel says:

    @robby me too…some type 663 error in some js file.

  5. Michael Span says:

    Hi Emanuele,

    this looks interesting on the first sight, BUT:

    - you share your idea without a guarantuee to be chosen for any money
    - you share your project details
    - you share a lot of information which is collected by a clever business man. ;)

    If I had a good idea – I’m currently working on it ;o) – I would definitely ask a few good friends for helping me out.

    just my opinion – had to shared I think.. ;)
    best wishes
    Michael

  6. I’m getting a virus message from AVG, like robby.

  7. jason says:

    Sounds interesting for very small projects!

    (Avira is popping up something here, too.)

  8. wirelesstaco says:

    I think someone injected your site with a virus again. Here is the info.

    “www.emanueleferonato.com/wp-content/plugins/ig_syntax_hilite/js/syntax_hilite_js.js”;”Exploit Link to known exploit site (type 663)”;”"

  9. Devon says:

    I think this is an amazing idea, although I have no new ideas at this time. Good to see big names like yourself helping the startups!

  10. Emanuele Feronato says:

    There was an injection.

    I think I removed it.

    Thanks.

  11. Alex says:

    Thanks for all the comments about the fund. Just to answer some of the questions posted:

    1. I am not looking for the ‘next big thing’ as that would require a larger fund such as venture capital

    2. Your ideas are not going to be copied by me. I have no intention of stealing ideas although they have been very interesting. I also will not be managing the projects in anyway. It is very clear to me that the most solid ideas are best developed and delivered by the founder.

    3. Already there is 1 person from this site who I have committed funding to. I am very close to a second. They will be announced soon and Emanuele will share with you this news. You may also visit my blog for the latest updates.

    Anymore questions, I am happy to answer. One thing is clear. I started this fund to offer capital to any type of venture in good faith but it is becoming clear to me that games can be very profitable and the developers are mostly very passionate.

  12. [...] Just a few days ago I blogged about (try to) Get funds for your project with My Micro Fund. [...]

  13. Dear Sir, I am doing business in Bulgaria. I have 171,000 square meters of land and i made a project on 65,000 square meters of land. consists of garages parking space, apartments, 1, 2and 3 bedrooms, houses oon 2 floors comersial center sports facility, and green area. this project can be build in 3 phases and I have business plan for each phase, I need funds to build this project. If you are interested in it please mail me and I will send you all the information by mail. Thanks

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