Seeking Venture Capital For a Growing Start-Up

Venture capital, bottom line, is sophisticated money.

It's reserved for innovative entrepreneurs who have dreamt up companies that have the potential for rapid, highprofit growth. Some prominent examples of venture-capital backed companies include Microsoft, Intel, Google, Genentech and Medtronic, to name a few. In recent decades, entrepreneurs in hot industries such as technology, life sciences and biotechnology have secured funding from venture capitalists to ramp up their companies quickly, and with an eye toward going public or selling. Increasingly, entrepreneurs in fields such as renewable or "green" energy (including wind and solar power) are drawing the attention of forward-thinking VCs. However, for the average small- business owner, venture capital is not likely to be an option, certainly not in the early years.

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Author: COLLEEN DEBAISE