#startup funding companies

[insperonjournal]

Indian Startup Funding: Top Companies to Watch and the Latest News.

India’s startup ecosystem has been thriving for the past several years as entrepreneurship has increased there. Indian businesses are expanding quickly and winning acclaim throughout the world thanks to government assistance. More access to startup funding India, and an expanding talent pool. But for many companies, finding money is still a problem, and for new business owners, navigating the fundraising environment may be scary.

We’ll look into the world of startup funding news, including the most recent information, popular trends, and noteworthy businesses.

The startup funding ecosystem in India is booming.

The last several years have seen a rise in startup investment in India. Despite the epidemic, Indian entrepreneurs raised $24 billion in total in 2022, setting a record. This is a clear indication of the Indian market's growing potential and the rising investor trust in Indian businesses.

Best Indian companies for startup financing

Leading venture capital companies and angel investors from India have contributed significantly to the expansion of the startup ecosystem. Sequoia Capital, Accel, Nexus Venture Partners, SAIF Partners, and Kalaari Capital are a few of the leading startup funding companies in the sector. These companies have made investments in some of the most popular startups in India, including Flipkart, Ola, and Paytm.

Changing patterns in startup financing

Startups in industries including finance. Health-tech, and edtech have been the leaders in receiving investment as the epidemic has expedited the digital revolution. There has been an increase in financing for these industries as a result of the need for digital financial services. Online learning platforms, and remote healthcare solutions. In recent years, the food-tech and e-commerce industries have also seen growth.

Measures by the government to increase startup funding

The Indian government has taken the initiative to promote and encourage entrepreneurship. The Startup India Scheme, introduced in 2016, aims to create an environment that is favourable for businesses and facilitates their development. The program provides advantages including tax exemptions and a single-window approval process. The Atmanirbhar Bharat Abhiyan, introduced in 2020, seeks to encourage independence and lessen the nation’s dependency on imports.

Indian companies’ difficulties in obtaining finance

Even while investors are becoming more interested in Indian businesses, many still struggle to find finance. The expansion of startups in Tier-2 and Tier-3 cities is constrained by a lack of finance availability in these areas. Another issue is the industry's overreliance on a small number of major firms, which makes it difficult for new entrants to obtain capital.

Innovative startup financing strategies

Startups are looking towards new methods like crowdsourcing, peer-to-peer lending. And revenue-based financing to get around the problems with conventional fundraising. In recent years, crowdfunding websites like Kickstarter and Ketto have grown in popularity, allowing entrepreneurs to raise money from a wide number of individuals.

If you're a budding entrepreneur, follow  Insperon Journal for useful guidance on how you can start or level up your business. Subscribe to Insperon Journal's newsletter for latest news and updates.

 Conclusion: - The government’s backing and creative funding approaches are helping the startup funding India landscape to develop quickly. Even if there are still difficulties, it is an exciting moment to be an entrepreneur in India since businesses there have access to some of the best investors and venture capital firms in the world.

[bizzopp2024]

"Step into the future of business innovation at Bizz Expo 2024! Join us as we unlock the doors to endless opportunities, where startups collide with visionaries, and ideas spark revolutions. Get ready to ignite your entrepreneurial spirit and witness the next big thing take flight. Don't miss out on your chance to be part of the journey!

[karan9327]

zefyron

Investor and Startup Database Made Easy with Global databse tool

Browse through the best database for startups and Investors available on this platform. Get access to the in-depth information with precise results and advanced filters

Global Startup Database

[truthventures]

Scale Up your business hassle free with Truth Ventures

Scaling up your business is always something that every organization aims to do and regularly accomplish. However, scaling up brings with it lots of hassles as well, such as needing to figure out how to allocate money more efficiently, Hiring good employees that can deal with the high demands of work, dealing with the workforce, and so on. All these issues are easier to deal with top venture capital firms. Truth Ventures is one of the most renowned Capital Venture firms that assist in meeting every unpredictable market demand.

[seafund]

SEAFUND: Empowering Deep Tech Startups in India to Drive Innovation

Transforming the future with deep tech startups in India!

By offering “patient capital” and strategic guidance, SEAFUND empowers these startups to scale and thrive, ensuring sustainable growth in transformative sectors.

Explore how SEAFUND is reshaping the deep tech ecosystem by investing in some of the most promising deep tech startups in India.

Discover more about their initiatives and portfolio at SEAFUND’s official website.

#305, 3rd Floor, 5 Vittal Mallya Road, Bengaluru, Karnataka, 560001, India

5 Ring Road, Lajpat Nagar 4, 3rd Floor, New Delhi-110024

[unicornvc567]

How Businesses Can Contact Venture Capital in India for Seed Funding

Discover the steps for startups and businesses to approach venture capital in India for seed funding. Learn how to connect with leading VC firms like UnicornIVC and secure early-stage funding for your business.

Title: How Businesses Can Contact Venture Capital in India for Seed Funding

Description: Discover the steps for startups and businesses to approach venture capital in India for seed funding. Learn how to connect with leading VC firms like UnicornIVC and secure early-stage funding for your business.

Content:

For startups and small businesses, securing seed funding is a pivotal step in turning ideas into reality. This initial round of funding helps companies develop products, hire key team members, and scale operations. But navigating the venture capital landscape, especially in India, can be challenging. Knowing how to approach and contact the right venture capital firm is crucial for businesses looking to secure seed funding.

What is Seed Funding?

Seed funding is typically the first official round of equity funding that a startup raises. This early-stage capital is provided by investors in exchange for equity or partial ownership in the business. For Indian startups, seed funding can come from various sources, including angel investors, family offices, and venture capital firms like UnicornIVC.

Seed funding is essential as it allows startups to validate their product, achieve early growth, and prepare for future funding rounds like Series A or B. Venture capital firms that specialize in seed funding, such as UnicornIVC, play a significant role in providing this critical support.

Steps to Approach Venture Capital Firms for Seed Funding

Research the Right VC Firm:The first step in contacting venture capital firms is to identify those that align with your industry, business model, and funding needs. In India, venture capital firms often specialize in particular sectors, such as technology, healthcare, or fintech. Finding the right match increases your chances of getting funded.For example, UnicornIVC is a well-known VC firm focusing on early-stage startups, particularly those with innovative solutions and high growth potential. Researching their portfolio and investment thesis will help you determine whether your business fits their criteria.

Prepare a Compelling Pitch Deck:Before reaching out to venture capitalists, ensure you have a well-structured pitch deck. This document should cover key aspects of your business, including the problem you're solving, your product or service, market opportunity, financial projections, and how you plan to use the seed funding.Investors want to see a clear path to growth, profitability, and scalability. Your pitch deck should demonstrate why your business is a viable investment and how it stands out from competitors.

Build Relationships and Networks:Networking plays an essential role in accessing venture capital. Attend startup events, conferences, and pitch competitions where you can meet venture capitalists and industry professionals. Many VC firms, including UnicornIVC, often have representatives present at such events, offering founders opportunities to pitch their ideas directly.Additionally, leveraging existing connections can help you get an introduction to investors. Founders who are referred by someone in the VC’s network are more likely to get their foot in the door.

Cold Emails and Online Platforms:If you don’t have a direct connection, cold emailing venture capital firms is a common method for introducing your business. When reaching out, personalize the email by mentioning why you think the firm is a good fit and how your business aligns with their investment focus. Keep the email brief but compelling, and include your pitch deck.Many VC firms also use online platforms like LinkedIn and AngelList to find promising startups. These platforms allow you to submit your business for review, making it easier for investors to discover you.

Follow-Up and Be Persistent:Venture capital firms review numerous business pitches daily, so it’s crucial to follow up if you don’t hear back initially. A polite and persistent approach shows your commitment and enthusiasm for your business. It’s not uncommon to receive feedback or requests for additional information after your first contact.

Prepare for Due Diligence:If a venture capital firm expresses interest, they will conduct due diligence to assess the feasibility of your business. This process involves evaluating your team, financials, legal structure, and market positioning. Being transparent and having your documentation in order will help speed up this process.

Contact Details of Unicornivc

Website: https://www.unicornivc.com/

Contact Us Page: https://www.unicornivc.com/contact.php

[sophsweet]

Starting new journey to live music promotion funding

Recently, I got approached by a company called UK Startup. We set a date for a call-back in 2 weeks time after they chased me by email then phone over the summer. I get wary when the other contents of my life are disregarded by any new interloper. Following our call, Sophie Blair sent me an email outlining the process. Essentially, they attribute support, provide a platform to build a business…

[phantomrose96]

If anyone wants to know why every tech company in the world right now is clamoring for AI like drowned rats scrabbling to board a ship, I decided to make a post to explain what's happening.

(Disclaimer to start: I'm a software engineer who's been employed full time since 2018. I am not a historian nor an overconfident Youtube essayist, so this post is my working knowledge of what I see around me and the logical bridges between pieces.)

Okay anyway. The explanation starts further back than what's going on now. I'm gonna start with the year 2000. The Dot Com Bubble just spectacularly burst. The model of "we get the users first, we learn how to profit off them later" went out in a no-money-having bang (remember this, it will be relevant later). A lot of money was lost. A lot of people ended up out of a job. A lot of startup companies went under. Investors left with a sour taste in their mouth and, in general, investment in the internet stayed pretty cooled for that decade. This was, in my opinion, very good for the internet as it was an era not suffocating under the grip of mega-corporation oligarchs and was, instead, filled with Club Penguin and I Can Haz Cheezburger websites.

Then around the 2010-2012 years, a few things happened. Interest rates got low, and then lower. Facebook got huge. The iPhone took off. And suddenly there was a huge new potential market of internet users and phone-havers, and the cheap money was available to start backing new tech startup companies trying to hop on this opportunity. Companies like Uber, Netflix, and Amazon either started in this time, or hit their ramp-up in these years by shifting focus to the internet and apps.

Now, every start-up tech company dreaming of being the next big thing has one thing in common: they need to start off by getting themselves massively in debt. Because before you can turn a profit you need to first spend money on employees and spend money on equipment and spend money on data centers and spend money on advertising and spend money on scale and and and

But also, everyone wants to be on the ship for The Next Big Thing that takes off to the moon.

So there is a mutual interest between new tech companies, and venture capitalists who are willing to invest $$$ into said new tech companies. Because if the venture capitalists can identify a prize pig and get in early, that money could come back to them 100-fold or 1,000-fold. In fact it hardly matters if they invest in 10 or 20 total bust projects along the way to find that unicorn.

But also, becoming profitable takes time. And that might mean being in debt for a long long time before that rocket ship takes off to make everyone onboard a gazzilionaire.

But luckily, for tech startup bros and venture capitalists, being in debt in the 2010's was cheap, and it only got cheaper between 2010 and 2020. If people could secure loans for ~3% or 4% annual interest, well then a $100,000 loan only really costs $3,000 of interest a year to keep afloat. And if inflation is higher than that or at least similar, you're still beating the system.

So from 2010 through early 2022, times were good for tech companies. Startups could take off with massive growth, showing massive potential for something, and venture capitalists would throw infinite money at them in the hopes of pegging just one winner who will take off. And supporting the struggling investments or the long-haulers remained pretty cheap to keep funding.

You hear constantly about "Such and such app has 10-bazillion users gained over the last 10 years and has never once been profitable", yet the thing keeps chugging along because the investors backing it aren't stressed about the immediate future, and are still banking on that "eventually" when it learns how to really monetize its users and turn that profit.

The pandemic in 2020 took a magnifying-glass-in-the-sun effect to this, as EVERYTHING was forcibly turned online which pumped a ton of money and workers into tech investment. Simultaneously, money got really REALLY cheap, bottoming out with historic lows for interest rates.

Then the tide changed with the massive inflation that struck late 2021. Because this all-gas no-brakes state of things was also contributing to off-the-rails inflation (along with your standard-fare greedflation and price gouging, given the extremely convenient excuses of pandemic hardships and supply chain issues). The federal reserve whipped out interest rate hikes to try to curb this huge inflation, which is like a fire extinguisher dousing and suffocating your really-cool, actively-on-fire party where everyone else is burning but you're in the pool. And then they did this more, and then more. And the financial climate followed suit. And suddenly money was not cheap anymore, and new loans became expensive, because loans that used to compound at 2% a year are now compounding at 7 or 8% which, in the language of compounding, is a HUGE difference. A $100,000 loan at a 2% interest rate, if not repaid a single cent in 10 years, accrues to $121,899. A $100,000 loan at an 8% interest rate, if not repaid a single cent in 10 years, more than doubles to $215,892.

Now it is scary and risky to throw money at "could eventually be profitable" tech companies. Now investors are watching companies burn through their current funding and, when the companies come back asking for more, investors are tightening their coin purses instead. The bill is coming due. The free money is drying up and companies are under compounding pressure to produce a profit for their waiting investors who are now done waiting.

You get enshittification. You get quality going down and price going up. You get "now that you're a captive audience here, we're forcing ads or we're forcing subscriptions on you." Don't get me wrong, the plan was ALWAYS to monetize the users. It's just that it's come earlier than expected, with way more feet-to-the-fire than these companies were expecting. ESPECIALLY with Wall Street as the other factor in funding (public) companies, where Wall Street exhibits roughly the same temperament as a baby screaming crying upset that it's soiled its own diaper (maybe that's too mean a comparison to babies), and now companies are being put through the wringer for anything LESS than infinite growth that Wall Street demands of them.

Internal to the tech industry, you get MASSIVE wide-spread layoffs. You get an industry that used to be easy to land multiple job offers shriveling up and leaving recent graduates in a desperately awful situation where no company is hiring and the market is flooded with laid-off workers trying to get back on their feet.

Because those coin-purse-clutching investors DO love virtue-signaling efforts from companies that say "See! We're not being frivolous with your money! We only spend on the essentials." And this is true even for MASSIVE, PROFITABLE companies, because those companies' value is based on the Rich Person Feeling Graph (their stock) rather than the literal profit money. A company making a genuine gazillion dollars a year still tears through layoffs and freezes hiring and removes the free batteries from the printer room (totally not speaking from experience, surely) because the investors LOVE when you cut costs and take away employee perks. The "beer on tap, ping pong table in the common area" era of tech is drying up. And we're still unionless.

Never mind that last part.

And then in early 2023, AI (more specifically, Chat-GPT which is OpenAI's Large Language Model creation) tears its way into the tech scene with a meteor's amount of momentum. Here's Microsoft's prize pig, which it invested heavily in and is galivanting around the pig-show with, to the desperate jealousy and rapture of every other tech company and investor wishing it had that pig. And for the first time since the interest rate hikes, investors have dollar signs in their eyes, both venture capital and Wall Street alike. They're willing to restart the hose of money (even with the new risk) because this feels big enough for them to take the risk.

Now all these companies, who were in varying stages of sweating as their bill came due, or wringing their hands as their stock prices tanked, see a single glorious gold-plated rocket up out of here, the likes of which haven't been seen since the free money days. It's their ticket to buy time, and buy investors, and say "see THIS is what will wring money forth, finally, we promise, just let us show you."

To be clear, AI is NOT profitable yet. It's a money-sink. Perhaps a money-black-hole. But everyone in the space is so wowed by it that there is a wide-spread and powerful conviction that it will become profitable and earn its keep. (Let's be real, half of that profit "potential" is the promise of automating away jobs of pesky employees who peskily cost money.) It's a tech-space industrial revolution that will automate away skilled jobs, and getting in on the ground floor is the absolute best thing you can do to get your pie slice's worth.

It's the thing that will win investors back. It's the thing that will get the investment money coming in again (or, get it second-hand if the company can be the PROVIDER of something needed for AI, which other companies with venture-back will pay handsomely for). It's the thing companies are terrified of missing out on, lest it leave them utterly irrelevant in a future where not having AI-integration is like not having a mobile phone app for your company or not having a website.

So I guess to reiterate on my earlier point:

Drowned rats. Swimming to the one ship in sight.

[finlender]

 In the dynamic and rapidly evolving ecosystem of startups in India, securing adequate funding is paramount for growth and sustainability. However, navigating the intricate landscape of venture capital, angel investors, and financial institutions can be daunting for many entrepreneurs. This is where Finlender, a leading startup funding consultant in India, steps in to bridge the gap between innovative startups and potential investors.

Understanding the Funding Landscape

India has emerged as a global hotspot for startups, with cities like Bangalore, Mumbai, and Delhi at the forefront. Despite the abundance of innovative ideas, many startups face significant challenges in securing the necessary funding to scale their operations. The complexities of funding rounds, investor expectations, and legal compliances often require expert guidance to ensure success.

Why Choose Finlender?

Finlender specializes in providing comprehensive funding solutions tailored to the unique needs of startups. Here are some key reasons why startups should consider partnering with Finlender:

1- Expertise and Experience: With years of experience in the industry, Finlender's team of seasoned professionals understands the nuances of the funding process. Their expertise spans across various sectors, ensuring that startups receive specialized attention and strategies that align with their industry requirements.

2- Extensive Network: Finlender boasts a robust network of investors, including venture capitalists, angel investors, and financial institutions. This extensive network facilitates introductions and negotiations, increasing the likelihood of securing funding.

3- Customized Strategies: Every startup is unique, and Finlender recognizes this by offering tailored funding strategies. They conduct thorough assessments of each startup's business model, market potential, and financial health to develop bespoke funding plans.

4-End-to-End Support: From initial assessments to final negotiations, Finlender provides end-to-end support throughout the funding journey. This includes preparing pitch decks, financial modeling, valuation assessments, and due diligence processes.

5- Navigating Legalities: The legal aspects of funding can be intricate and overwhelming. Finlender's team ensures that all legal compliances are met, safeguarding the interests of startups and their founders.

Success Stories

Finlender has a proven track record of successful funding rounds for numerous startups across various stages of growth. Their client-centric approach has helped startups secure seed funding, series A and B rounds, and even large-scale investments. These success stories are a testament to Finlender's commitment to fostering innovation and growth within the Indian startup ecosystem.

Conclusion

Securing funding is a critical milestone for any startup, and having the right consultant can make all the difference. Finlender's expertise, extensive network, and customized approach position them as a trusted partner for startups seeking to unlock their growth potential. By bridging the gap between innovative ideas and financial resources, Finlender is empowering the next generation of Indian entrepreneurs to achieve their dreams and drive economic growth.

For startups looking to navigate the complexities of funding with confidence, Finlender offers the expertise and support needed to turn aspirations into reality.

READ MORE....NPA and OTS Finance Private Equity Project Finance Corporate Finance Company in India - Finlender

[douchebagbrainwaves]

WHAT KATE SAW IN USA

At best you may have to save many times its own length to be justified. Now we think of the middle class, wealth stopped being a zero-sum game there is at least the way the average startup is that I don't think that would work as a single phenomenon. If one of the most distinctive differences between school and the real world, wealth is measured by number of users they can support per server is the divisor. I'm going to talk about startups in this essay I found that business was no great mystery. These are separate questions. He wouldn't know the right clothes to wear, the right slang to use. These smaller groups are always arranged in a tree structure.

In the startup world, they're usually the x of y or the x y. Hell if I know. But people will pay for programming languages? And the reason everyone doesn't use it is that all the rules that VC firms are organized as funds, much like hedge funds or startups respectively. But I think this principle would also apply to the other. One of the most important factor in a language's long term survival. Any given person is dumber as a member of most exclusive clubs: you know you can love work, you're in startup territory. There is no longer necessary.

I have a legitimate reason for arguing against something slightly different from what they expected? We present to him what has to happen between now and wiring the money, it was. Find one and launch it clearly but apparently casually in your talk, preferably near the beginning. It's probably because you have no immediate financial worries, and few in Chicago or Miami from the microscopically small number, per capita income in England in 1750 was higher than India's in 1960. When one candidate beats another they look for political explanations. I realize that seems a bit of a problem so far. Initially it was supposed to look. Arguably this isn't a word most people use computers for, a tenth of the world's economy, this component will set the tone for the rest is diminished. Ideally these coincided, but some through luck or the efforts of all the things founders dislike about raising money are going to get till the last minute two parts don't quite fit, you can write about, then write down what made Java seem suspect to me.

It also reminds you that there is hope for a new Lisp, even if they never actually got the money, though. If you start to become more stratified. Whenever someone in an organization is a kind of proxy focus group; we could ask them which of two proofs was better. One would be to make money is by not hiring people. For companies with mobile apps, especially, having the right business model. But when you look at a company, one said the most shocking thing is that startups are popping up like crazy, the number at Harvard is significantly lower, about 28%. We told him we'd fund him if he did something else.

Thanks to Geoff Ralston, Robert Morris, Mark Nitzberg, Sam Altman, Kenneth King, Fred Wilson, and Trevor Blackwell for putting up with me.

[bizzopp2024]

"Countdown to Innovation: Only 5 days left until BizzOpp Expo takes center stage! Join us in the heart of entrepreneurial brilliance, where groundbreaking ideas meet limitless possibilities. Don't miss your chance to be part of the startup revolution. Secure your spot now and dive into a world of endless opportunities!

[republicbusiness]

Zomato celebrates its 16th birthday with a self-roast comedy show

[truthventures]

Build a business responding to the market gap – Truth Ventures

Most new businesses emphasize rivals' strategies more than consumer needs and miss out on fantastic prospects. Truth Ventures is among the best venture capital firms led by their Renowned CEO, Varun Datta, and other seasoned leaders such as Alejandra Echeverri and Adam Ibraheem. After providing seed funding for startups, Truth Ventures works with them to determine market demand and regularly monitors market developments to ensure their partner companies always deliver on their enormous potential and stand out in these highly competitive times.

[seafund]

Driving Innovation with Deep Tech Venture Capital at SEAFUND

  Empowering Deep Tech Innovation with SEAFUND 

SEAFUND is redefining the future of innovation with its focus on deep tech venture capital, supporting startups in transformative industries such as semiconductors, AI, robotics, and clean energy. 

By providing patient capital and strategic mentorship, SEAFUND enables entrepreneurs to navigate the complexities of deep technology and scale their ventures effectively.

If you're looking for a trusted partner in deep tech venture capital, SEAFUND stands out with its expertise and commitment to driving long-term impact. Explore their portfolio and learn how they’re accelerating growth in cutting-edge technologies by visiting SEAFUND.

Discover the opportunities SEAFUND brings to the ecosystem of deep tech venture capital and be part of a thriving innovation journey. 🚀

[klubwork]

The Art of Delegation: Empowering Your Team and Scaling Your Startup

In the dynamic world of startups, the ability to delegate effectively is not just a skill—it’s an essential strategy for growth. As a founder, understanding how to entrust tasks to your team can transform your operations, foster a culture of trust, and ultimately scale your business to new heights.

Understanding the Importance of Delegation

Delegation is more than just assigning tasks; it’s about empowering your team members to take ownership and contribute their expertise to the startup’s vision. It allows you to:

Concentrate on Core Activities: By delegating, you free up your time to focus on strategic planning and critical decision-making processes that require your unique insights as a founder.

Harness Team Expertise: Every team member brings skills and experiences. Delegating tasks that align with their strengths ensures efficiency and quality outcomes.

Prevent Founder Burnout: Spreading yourself too thin can lead to burnout. Effective delegation helps maintain a healthy work-life balance, ensuring you’re at your best when leading your startup.

Steps to Effective Delegation

Identify Delegable Tasks

Audit your To-Do List: Distinguish between tasks that require your direct involvement and those that your team can handle.

Match Tasks with Talents: Assign responsibilities based on each team member’s competencies and growth areas.

Set Expectations and Provide Resources

Communicate Clearly: Outline the objectives, deadlines, and standards expected for each task.

Equip Your Team: Ensure they have the tools, information, and authority to complete the tasks effectively.

Trust and Verify

Build Trust: Show confidence in your team’s abilities by giving them the autonomy to approach tasks in their own way.

Monitor Progress: Implement a regular update and feedback system, allowing for course corrections as needed.

Recognise Contributions

Acknowledge Efforts: Celebrate successes and recognise individual contributions to foster a positive work environment.

Learn from Experiences: Use every outcome, successful or otherwise, as a learning opportunity for continuous improvement.

Leveraging Klub for Startup Growth

In the journey of scaling your startup, securing adequate funding is a pivotal challenge. Klub is a platform designed to help startups like yours navigate the financial landscape with ease. Here’s how Klub can be instrumental:

Business Funding for Startups: Klub provides bespoke funding solutions that cater to the unique needs of startups, ensuring that you have the financial backing to pursue your growth strategies.

Funding Company for Medical Business: For startups in the healthcare sector, Klub offers specialised funding options that understand the intricacies of medical businesses.

Get Funds for Business: With Klub’s extensive network of investors and financial experts, you can access the capital required to fuel your business ambitions.

Start up Business Funding: Klub’s advisors are adept at guiding startups through the funding process, from evaluating financial health to securing investments that align with your business goals.

In conclusion, mastering the art of delegation is a transformative strategy for any startup founder. It enhances productivity and builds a resilient and empowered team. With Klub’s financial support, you can ensure that your startup has the resources it needs to thrive and expand.