The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Initial fund for a B2G AI Startup

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

fran-s14

New Contributor
Dec 13, 2015
2
1
16
29
Hi everybody!

I think i have a great idea for a new startup, its a high tech solution including deep learning for a global problem.

I've talk to some scientist and it's technical viable but really costly. The problem is that I live in Argentina and here don't exist an development ecosystem for startups and very few angel investors or vc. There are some accelerators but they always ask for traction.

How could I show some validation to an early fund if the product itself it's the algorithm and its new application. I even don't know how to prototype it, the real solution it's the outcome, and takes time and money to show it.

On the other hand i see to difficult to sell something that i didn't develop, especially to government and its burocracy.

How could i get some early fund for it?
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Sovereign

Spinning wheels in place
Read Millionaire Fastlane
Jul 5, 2015
61
46
69
I'm late to this post but ok

Algorithms are fancy and all but usually don't take that much work - i've been involved with a couple lately.

I don't know what your algorithm is about so i don't know the process of developing it. But in general you need a physicist (or whatever other field "expert" your product needs) who is good enough at math and pseudo-logic to make the equations, and you need a programmer to write that into a usable app/website/etc.

Generally you can get both for cheap online or in a university. If you can learn to do a part of it yourself, even better as you'll have more control and fewer expenses.


If you want more detailed help, but don't want to "reveal" the idea in public yet, feel free to DM me.
 

Sponsored Offers

MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
If there’s one thread I see repeated over and over again on the forum, it goes like this: “I...
  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Any scholarship programs for those who can't afford the course? Broke but need this course :)...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
It's an affiliate link, so it's hard to give those up! The affiliate links are automatically...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
A week ago someone asked if one of my courses is still relevant (referring to the Upwork...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Thanks for clearing that up. What do you recommend for those who are still in the process of...
  • Sticky
MARKETPLACE Kill Bigger Incubator
I have not offered one of these in a while, but it looks like I have time to take on an...

What are Fastlaners Currently Reading?



Forum Sponsor

Grow an online business:
- Start immediately!
- Master business skills!
- 100+ Fastlane students enrolled!
Review & Details >

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom