1 / 4

Funding breakout group

Funding breakout group. Ideafest 3 F ebruary 2012. K ey messages. 1 – Paperwork Too time consuming Differs by funder BUT helps crystallise thoughts Need Better guidance by funder Proactive client exec Good feedback when not successful. K ey messages. 2 – Sources of funding

daisy
Télécharger la présentation

Funding breakout group

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Funding breakout group Ideafest 3 February 2012

  2. Key messages 1 – Paperwork • Too time consuming • Differs by funder • BUT helps crystallise thoughts Need • Better guidance by funder • Proactive client exec • Good feedback when not successful

  3. Key messages 2 – Sources of funding • Banks not participating • VCs not joined up by investment stage • Takes time to develop effective ‘angel’ ecosystem Need • Founders to target friends and family • ‘Big bang’ investment from government (£200m)

  4. Key messages 3 – Too risk averse • Entrepreneurs afraid to fail + lose family money • ‘Angel’ Investors don’t understand risk Need • Better appreciation of risk at every level • Angels willing to follow their money • Returning entrepreneurs • Better support structure

More Related