How and Why to Start a Business in South Carolina: Free Virtual Discussion Series Helps Ready Startups to Launch in Honor of South Carolina Day, Aug. 28, https://meet.zoho.com/xWyhUrDUvc




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How and Why to Start a Business in South Carolina Free Virtual Discussion Series Helps Ready Startups to Launch in Honor of South Carolina Day, Aug. 28, https://meet.zoho.com/xWyhUrDUvc

CHARLESTON, S.C. (Aug. 14, 2024) – The great resignation has sparked a startup generation as 42 percent of Americans want to start their own business1. And Gen Z is defining the future of work as 50 percent set their sights on entrepreneurship2. So why don’t more people start a business? Lack of money say 63 percent and not knowing how to get started report 39 percent3 are the main obstacles.

That’s why Charleston based Loan Mantra is offering a free, hands-on webinar to equip budding entrepreneurs and those interested in starting a business with the tools they need to start and grow. The series is designed to help business owners, entrepreneurs, innovators, and start-ups to have a place to get free help, ask questions, and express concerns through this special discussion, designed for them.

“Starting a business can be overwhelming. This is a way that we can celebrate South Carolina Day that makes a difference and helps our neighbors build our community,” says Raj Tulshan, founding partner of Loan Mantra, which is headquartered in Charleston, South Carolina. “This discussion is particularly important to my colleagues and I, who are dedicated to building small business in South Carolina.”

Tulshan, who has a background in both investment and small business finance, has helped countless owners finance and grow their small businesses to the tune of $800MM. As the founder of a minority-certified business, Tulshan is committed to democratizing the lending process for all borrowers. Tulshan will be joined by Michael J. Graney, Vice President at CRDA (Charleston Regional Development Alliance) and leader of the organization’s global business development efforts. Mike was awarded the prestigious 2024 SCbio Pinnacle Award for his work building the life science cluster in South Carolina. Mike’s focus is on inward investment to Charleston, with a particular emphasis on European Foreign Direct Investment. Additionally, Mike concentrates on capital formation to support entrepreneurs building their companies.

Fast Business Start is a free webinar where attendees can connect directly with a team of experts to gain information and get their most pressing questions answered. Just connect to the CONFERENCE link, on Aug. 28 at 12 p.m. ET to learn how to start a business and get questions answered.

Stuck on how to start? Don’t know how to find funding or look for a grant? Struggling to figure out which licenses and permits might be needed? Finding it tough to know how to incorporate, which business type to file and how to get certifications for minority, women, veteran-owned or for a disadvantage business? Unsure of what South Carolina industries are growing and projections for what is ahead to plug into thriving economic development? Get these questions answered and more.

Talk live with experts in business funding, filing and licensing, South Carolina economic development and marketing. This webinar is part of an upcoming series to help empower South Carolinians and all business owners to develop strong businesses and build confidence. Future topics on the schedule currently are:

How to start a business

October: From AI to Accounting: Tech for the Sake of Humans

November: Big Brand Marketing on a Small Business Budget

About Loan Mantra

Loan Mantra’s dynamic new website and platform supports small business and local communities to provide education and expertise for South Carolina-based small business owners and entrepreneurs in financing and growth options. Loan Mantra is a one-stop FinTech business portal that democratizes the loan process by providing corporate sized services and access to new entrepreneurs, small and medium sized businesses. Small business owners identify two obstacles to their success: access to capital and financial education. Loan Mantra, removes these hurdles. The company believes that borrowers of all sizes should have equitable access to the $5.4 trillion marketplace of SMB financial products, lenders, government programs, and services.

Our end-to-end portal, BLUE (“borrower lender underwriting environment”) is built on decision-tree logic, so borrowers answer questions in the manner they understand best and find the right financial products and lenders. With a few simple clicks, our users complete loan origination paperwork; upload documents; connect or communicate with financial partners; and manage their loan process--anytime and anywhere. Our best-in-class FinTech meets NIST v. 500 standards so borrowers can safely store their financial records, making it painless to acquire more capital if they need it down the road.

As a minority-owned business, Loan Mantra understands the challenges facing underserved borrowers. Our mantra? To improve the future of human entrepreneurship through best-in-class technology, financial literacy, and commitment to equitable market access. Reach out today at www.loanmantra.com.

1. Spector, N. (2023, July 27). Nearly half of Americans have considered starting a business - here’s what’s stopping them. GOBankingRates. https://www.gobankingrates.com/money/business/nearly-half-of-americans-have-considered-starting-a-business-heres-whats-stopping-them/

2. Gen Z is Defining the Future of Work – on Their Own Terms, Reveals Morning Consult & Samsung Survey. (2023, October 19). Samsung US Newsroom. https://news.samsung.com/us/gen-z-defining-future-work-own-terms-reveals-morning-consult-samsung-survey/#:~:text=Recognizing%20the%20significance%20of%20this

3. Zapier Editorial Team. (2021, February 18). Wasted potential: Why Americans aren’t starting businesses. Zapier.com; Zapier. https://zapier.com/blog/potential-entrepreneurs-report

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