Finance for Growth
Seeking and obtaining funding is a time consuming process. You need to identify where to look and which channels are worth your time to pursue. In all cases you’ll need a robust business plan and financial forecasts.
For technology companies, there are opportunities for funding through:
Technology innovation funds
Matched government funding
Favourable business loans for small companies
Angel & investor funding (EIS & SEIS tax breaks)
R&D tax credits
Before seeking to give any equity away, it is worth reviewing and challenging the current business model and working practices to determine whether additional working capital can be released.