Shane Eten is passionate about the entrepreneur and finding opportunities in the management of food waste, clean technology startup. Shane is developing a plan anaerobic reactor that will convert the grocery store food waste into energy and organic fertilizer. The case examines the entrepreneurial journey of Shane, from working in high-tech start-up, low tech manufacturer of candles, MBA student to receive recognition in the business plan competition for anaerobic reactor. At the time of the case, Shane has to raise some capital to develop a prototype and prove the concept. Shane is struggling to identify the sources for the $ 250,000, he should start his dream. Although Shane gathered great interest from potential investors during his success in the business plan competition, his company is too early, and the capital required is too small for venture capitalists. He could seek angel capital, but it can identify these "hidden" angels? Friends and family opportunities, but Shane is not sure that his contacts have enough capital available to him. In addition, he would like to save as much property may at any given time, because he knows that he will need to raise more capital for the construction of the company if the prototype successfully. This is a good opportunity to explore alternative sources of capital. "Hide
by Andrew Zacharakis, Ruben Zacharakis-Jutz Source: Babson College 16 pages. Publication Date: 01 May 2009. Prod. #: BAB156-PDF-ENG
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