Sunday, April 22, 2007

Go BIG Network

The Go BIG Network has published data showing that funding requests by small businesses were down during the first quarter of 2007. The average amount of funding requested was $$928,875, down from $1,073,359 in the previous quarter.

That’s according to the Go BIG Network’s Small Business Funding Review (PDF), which notes:

The Go BIG Network’s survey includes funding requests made on its Web site of more than 40,000 small businesses in the first quarter of 2007 by entrepreneurs and startup companies seeking angel investment capital, small business funding and venture capital. The Go BIG Network connects entrepreneurs and small businesses to early stage investment sources to help fund startup companies.

Go BIG Network is another of the growing group of service providers that make available aggregated data of actual usage. In other words, this is not a survey. Rather, it is data of actual requests for funding by entrepreneurs.
More:http://www.gobignetwork.com/

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