How can I get funding for a project?
I want to start a company that provides tourism wellness, partnering with professional therapists, international companies that do the same. I want to start from Africa to global markets. I am still a student who doesn't want to wait. I am currently pursuing a bachelor's degree in Tourism and Hospitality Management. I would like funding since most people who want these services can not afford. They are the main focus but also those who can afford will also be served.
9 answers
Sonal’s Answer
Olivia’s Answer
Liam’s Answer
Think of what kind of people will be using your eventual services. Figure out how to become friends with them before you have your plan all set up. It is likely once you express your dreams that if the people you meet don't have money, they will either give you better direction, or be friends with someone that does have money. Focus on networking because the larger your network, no matter what, the more possibilities you will have in the future!
Take some time to map out your plans and a decent way to express your long term goals (an elevator pitch essentially) to the people that want to hear them!
Annamaria’s Answer
It's fantastic that you've found something you're passionate about! Here are some ways to connect with opportunities:
1. Talk to your professors and teaching assistants. They're experts in the field and may have connections with companies or community resources. If you show interest, they'll likely be happy to help you grow your network and offer advice.
2. Reach out to your school's alumni. Many have pursued careers in this field, and you can learn a lot from them. Consider setting up informational interviews or exploring internship opportunities to gain experience.
Good luck on your journey!
Best,
Anna
Jules’s Answer
Best ways to find funding:
- Apply for student or youth grants.
- Look into social enterprise or impact funds.
- Explore tourism incubators and accelerators.
- Check out university innovation programs.
- Enter competitions and pitch for grants.
What funders are looking for:
- A genuine problem that needs solving.
- A clear business plan.
- Partnerships with licensed therapists.
- A small pilot project.
- Evidence that people are willing to pay.
Your best strategy:
Charge premium clients full price, using part of the profit to help those who can't afford it. This approach makes your model both profitable and mission-driven.
Steps to take next:
1. Write a one-page concept note.
2. Secure 2–3 letters of interest from partners.
3. Start a small pilot in one city or country.
4. Apply for grants, join incubators, and enter pitch competitions.
Remember, you don't need perfect funding to begin. Start small, show results, and then raise more money. You can do this!
Suman’s Answer
The good news is that you don't have to wait until you graduate to start. Here are a few common ways people fund early-stage projects like yours.
First, get really clear on your story and your numbers. Funders want to know exactly who you're helping, how your idea works, and how the money will be used. Since your mission is about access and affordability, lean into that. It's a real strength.
Second, look into grants and competitions. Many organizations offer funding specifically for student entrepreneurs and for businesses with a social impact, which fits your idea well. Business plan competitions can also be a good source of early money and connections.
Third, start small and build proof. Sometimes the best way to attract funding is to show that your idea works on a small scale first. Even a small pilot with a few clients and therapists gives you something real to show potential investors or partners.
And finally, build your network. The partnerships you mentioned with therapists and international companies can be just as valuable as money. Many great projects grow through relationships before they ever get big funding.
You're thinking big and starting early, Keneth. That combination is exactly what gets projects like yours off the ground.
Bill’s Answer
RAJARSHI’s Answer
deep’s Answer
Here's a realistic path to funding:
Start with a pilot project instead of launching a full company. Choose one city and offer one service package, like a 2-day wellness retreat with therapist sessions and a local cultural experience. Funders prefer to see progress, not just ideas.
Create a blended model using a cross-subsidy structure:
Premium clients pay the full price.
Budget clients receive subsidized access.
Partner with NGOs or companies to sponsor low-income participants.
This approach highlights both social impact and solid business sense.