Precious Funding

NEW BUFFALO – The Pokagon Fund in September and October gave $89,109 in grants to 12 projects.

The fund supports health, human services, art, education, recreation and the environment.

The fund is a private foundation that has been supported for the last two years by 2 percent of the electronic gaming revenue from the Four Winds Casino in New Buffalo Township.

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Financing Strategies

There are several alternative strategies used by business owners (often more than one is used). The attraction and viability of different methods will depend on the individual circumstances, such as the type of business, the owner’s history and financial standing, the business vision and expectations among them.

1. Bootstrapping & Personal finance or lower level debt
2. Operational funding and debt (usually shorter term in nature)
3. Longer term debt (usually used for acquisition of larger assets)
4. External equity

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