Is it reallistic for start-up company to get 5M USD financing for setting chemical plant from scratch?

Question

The start-up company without credit history and assets is in CIS country.

Answer 1

Yes, but the money will be coming from a Venture Capitalist and he will demand 51% ownership.  If things don't work well, you will be fired. That's what happened to my friend after he got the $5Mill for a business that supplied Motorola with crystals. /

Answer 2

It is possible IF

- you've got huge assets that can be used as collateral for bank loans

- you've got a wide network of contacts who can be tapped to invest in your business, or who can help you to meet people who can invest in your business

But $5M for a chemical plant sounds too low

Given that this is a huge investment, spend time preparing a business plan with solid financial estimates and projections. You need it if you will go to a bank or investor