Help from the Venture Capitalist Venture capitalists are in the business of raising money and investing it in businesses that will stand the test of time. Thus, in order to attract them to your business idea, you need to prove longevity. Venture capitalists provide equity financing. Their funds get entrepreneurs from point A to point B the point at which they are handed over to investors. Try bootstrapping economizing with the resources you have.
Angel investors are also out there waiting for good business ideas.
An excellent source for help is the Maryland Small Business Development Center which has offices in Baltimore and the surrounding areas. Their mission is to help you with the structuring of your business plan and to help you acquire loans for your start-up or expanding business. The services the Center offers include business plan development, loan package preparation, marketing advice and training for your business. The Center goes through your business plan with you. It will provide you with information on whether you should incorporate, have a partnership, sole proprietorship, a corporation or a limited liability corporation.