Johnny's "Joyride Graphics"
"Joyride Graphics", a graphic design company, is a dream of Johnny Jackson, a native of Jacksonville. Being in a rural University town, Johnny knows quite a few people. This situation has put Johnny in a dilemma with his business start-up phase financing. He is really confused about where else he can get money other than his own pocket for his "Joyride Graphics".

-In which phase of the business should Johnny be able to apply and obtain institutional gift financing?

Question

Johnny's "Joyride Graphics"
"Joyride Graphics", a graphic design company, is a dream of Johnny Jackson, a native of Jacksonville. Being in a rural University town, Johnny knows quite a few people. This situation has put Johnny in a dilemma with his business start-up phase financing. He is really confused about where else he can get money other than his own pocket for his "Joyride Graphics".

-In which phase of the business should Johnny be able to apply and obtain institutional gift financing?

Quizplus · Accepted Answer

Institutional gift financing is typically provided by foundations, non-profit organizations, and corporations with philanthropic goals. These institutions are more likely to provide financing to established businesses that have a track record of success and are in the growth phase. Start-ups and businesses in the development phase are typically too risky for gift financing, while mergers are usually funded through equity or debt financing.

Johnny's "Joyride Graphics" "Joyride Graphics", a Graphic Design Company, Is a Dream of a Dream