Finance for Growth

martyn hodgson stuart coleman (49 of 102)

Having a clear plan and financial forecast that is attractive to investors enables you to maximise available funding

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:

 

Crowd funding

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.