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Funding is a major challenge for many startups, especially in the early stages when the business may not yet be generating significant revenue. Entrepreneurs often seek external sources of capital, such as angel investors, venture capitalists, or government grants. Crowdfunding platforms have also become popular avenues for raising funds from the general public, leveraging the power of collective support. Funding enables startups to invest in research and development, marketing, hiring talented employees, and scaling their operations.
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