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Innovate UK’s 5 Tips to Secure Funding for Start-Ups and Small Businesses

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This is Innovate UK’s essential advice and tips on securing funding. Whether a startup, small business or SME make sure you watch the video and subscribe to our channel for more funding advice. The video outlines and explains the most important factors for a business when trying to secure investment. The tips contains actionable advice and are supported by comments from industry experts from all sides of the funding / investment spectrum. The 5 tips are as follows: 1) Explore all your start-up and SME funding options Most startups start looking for investment without considering all available funding options. There are plenty of different ways to fund your business. Give consideration to all. 2) Ask for the RIGHT amount of money This can be a tough one. Asking for the right amount of money is vital to the success of failure of your funding application. A lot of startups seek the highest amount they possibly can, this is not a wise approach. Tailor your approach to funding around your goals. Where will the investment get you? What is your desired end result? 3) Research – know your numbers and present credible figures It’s hugely important to do your research and know your numbers. If you don’t, you’ll never achieve investment. It’s also crucial to present an accurate and feasible projection. This is all about instilling trust. Can an investor trust you with their money? 4) Present an awesome business plan When it comes to pitching your business, you must make a strong first impression. Stumbling over your figures or presenting out-of-date research will discredit you. You must make your business plan awesome. 5) Plan enough time for fundraising Funding is not an overnight fix. You could have the best proposition and plan but the process will still hit delays. Make sure your business has enough to survive before funding is achieved. Head over to our blog for even more in-depth analysis on securing funding: https://innovateuk.blog.gov.uk/2016/02/02/essential-business-tips-5-tips-to-secure-funding-for-start-ups-and-small-businesses/ Check out more essential tips on how to pitch for investment here: https://www.youtube.com/watch?v=fS3An... Find out if you are eligible to apply for innovation funding: https://www.youtube.com/watch?v=cExDp... Our latest funding competitions are available from: https://www.gov.uk/government/collections/innovation-grants-for-business-apply-for-funding
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Text Comments (14)
Wisdom Carl (1 day ago)
Lutherangrants ,com helped me and I received $15,000 as grant
Christopher Brown (1 month ago)
I got $35,000 from expeditetools com
Tom Rankz (1 year ago)
here is the one for grant & soft loan funding: https://youtu.be/7VAcIAmR_JY?list=PLrMOhOrmeR6nlRxAZQTqPXraZ7e7ZavFc
Abz Dubz (1 year ago)
Please check out my fundraising campaign: http://www.crowdfunder.co.uk/a-fair-car-insurance-company-for-all-motorists I appreciate you taking the time and welcome any feedback ☺
divento divento (1 year ago)
We are looking for investment int the tourism sector.........any ideas?
Aristos Peters (1 year ago)
If you fill in a deal report here ( www.drisk.it/weklik ), it's free and I will pick you up there. We can talk afterwards.
I am currently looking for investment into a product being developed for test and measurement. This automation package is aimed at aerospace, military, commercial and automotive sectors mainly for EMC and RF.
Aristos Peters (1 year ago)
I am based in Surrey, UK where there is a lot in this space. If you fill in a deal report here ( www.drisk.it/weklik ), it's free and I will pick you up there. We can talk afterwards.
Innovate UK (2 years ago)
+Compliance and Radio Frequency check https://interact.innovateuk.org for any open competitions in your sector.
Issy Peterson (2 years ago)
Enjoyable and informative! I'm looking for investment for my online low carb ready meal business and didn't know where to start!
Aristos Peters (1 year ago)
Hi Issy. If you fill in a deal report here ( www.drisk.it/weklik ), it's free and I will pick you up there. We can talk afterwards if you like.
Issy Peterson (2 years ago)
+Innovate UK Thanks will have a look!
Innovate UK (2 years ago)
+Issy Peterson check https://interact.innovateuk.org for any open competitions in your sector. Stay tuned, more essential selections videos will be published soon including networking, grants, pitching, business planning and more.
Netleadz (2 years ago)
Realistic, well-researched market size and sales projections will help persuade potential investors that your proposition is the one to take seriously
Tom Rankz (2 years ago)
Don’t just consider one or two funding routes – like angel investment or venture capital. Explore all potential funding sources before you start raising money. Make sure you’re not missing out on other, more appropriate, forms of funding such as grants & loans

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