{"id":397,"date":"2016-10-06T18:10:45","date_gmt":"2016-10-06T22:10:45","guid":{"rendered":"http:\/\/52.90.43.4\/?p=397"},"modified":"2022-01-27T14:05:01","modified_gmt":"2022-01-27T19:05:01","slug":"increase-your-chances-of-funding-with-video","status":"publish","type":"post","link":"https:\/\/sproutvideo.com\/blog\/increase-your-chances-of-funding-with-video.html","title":{"rendered":"How to Increase Your Chances of Funding With Video"},"content":{"rendered":"

If you have an idea for a great product, but haven\u2019t got a prototype, how do you convince investors to fund your venture?<\/p>\n

Here are all the practical tips you\u2019ll need for creating a video that has the wow factor to get investors keen to be part of the journey.<\/p>\n

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Be Quick!<\/b><\/h3>\n

Whether online, on\u00a0crowd-funding platforms like Kickstarter and Indiegogo, or in-person, you\u2019ll quickly realize that investors\u00a0are cash-rich and time-poor. They want to understand your idea as fast as possible, why it\u2019s better than everything else currently available, and how you\u2019re going to make it happen.<\/p>\n

It doesn’t matter if you don’t have anything material, like a product demo, to show potential investors. The important point\u00a0is ensuring\u00a0they understand your vision. To keep the investors engaged, and to get your point across quickly, we recommend using video.<\/p>\n

After all, data from Kickstarter shows that projects featuring video are 85% more likely to get funded<\/a>\u00a0than projects without video. That’s a big boost!<\/p>\n

Here is a summary of what\u00a0you’ll need to cover:<\/p>\n