Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
December 10, 2013 | Tom Ballard

This probably confirms what many entrepreneurs know

Dollar signWhere do start-ups get their funding. According to a report by Fundable as reported by Entrepreneur magazine, here’s the breakdown:

  • Personal loans and credit – 57 percent;
  • Family and friends – 38 percent;
  • Angels – 0.91 percent; and
  • Venture capitalists – 0.05 percent.


Like what you've read?

Forward to a friend!

Don’t Miss Out on the Southeast’s Latest Entrepreneurial, Business, & Tech News!

Sign-up to get the Teknovation Newsletter in your inbox each morning!

  • This field is for validation purposes and should be left unchanged.

No, thanks!