Telecom Funding available to entrepreneurs in underserved areas
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To reach out to telecommunication entrepreneurs in underservedareas, the Telecommunications Development Fund (TDF) is makinginvestments of up to $1 million per round in individual early-stagecompanies. Entrepreneurs use the funding to develop new technology,create innovative applications of old technology or even purchaseradio, television or cable properties (as long as they're notmerely transfers of ownership).
To get funding, you don't need to be an experiencedtechnology entrepreneur, but you should at least have a managementteam with a background in your chosen field. The team should alsohave a track record of successful business management, although itneedn't be in an entrepreneurial venture.
In addition to investing, TDF offers assistance ranging fromhelp in completing your management team to developing a growthstrategy. For more information, visit www.tdfund.com or call (202)293-8840.
