$20,000 in cash, you decide how to spend it

It’s your company. Working with Capital Factory doesn’t change that. We’re here to help you but we’re not going to run your company for you. Sometimes you might even get conflicting advice from different mentors. In the end, you get to decide what you do and how you spend the money that we give you.

A portion of the money will sometimes (but not always) be used to pay small salaries to the founders so that they can quit their day jobs and focus on this full time. It can also be used to hire new employees or do some test marketing. We’ll give you some suggestions, but in the end its your decision.

Receiving more than $20,000 in free stuff should help to make the $20,000 in cash last as long as possible. You won’t be spending cash on office space, legal services, public relations, accounting, recruiting help, or many other little things that most startups need to pay for right away.

More with less

Dropping hardware costs and maturing open source software has dramatically lowered the costs of starting and operating an Internet-based business. Recent economic challenges have made early stage capital harder to obtain.

Successful startups in the next few years will be lean and efficient. They will achieve profitability early without raising multiple rounds of funding. Many won’t take a formal series A investment at all.

Our goal is to provide enough capital to let you quit your day jobs and build a good demo along with experienced mentors to help you figure out the path to profitability.