Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need
-
Upload
invest-northern-ireland -
Category
Business
-
view
69 -
download
3
description
Transcript of Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need
Bruce ColleyAccess to Finance
First principlesIdentifying need
“Innovation Ladder”
“Finance Escalator”
“Funding Gap”
“Valley of Death”
The Journey – Escalator?
Or this?
Or this!
Kic
k-st
arte
r
Kic
k-st
arte
r
Crowd-funding
What are investors looking for?
• Right people
• Assets & IPR
• Defendable USP
• Growth Sector
• Scalable
• Demonstrable Market Demand
• Revenue generating
• Commitment
• Wow factor
InvestmentAttractive
What are investors looking for?
• Cultural change–Life style v. project
• Advisors• Due diligence• Documentation, procedures,
controls• Management team• Understand the investor• Exit strategy–Commitment
• Energetic / Committed
InvestmentReady
Planning for success
• Start from the end and plan backwards – the Exit!
• Plan your short term / medium term funding –develop a funding strategy
• What do you want from your investors – its never just the money! Negative or positive?
• Work with good advisors – mentors – coaches
• Do your own due diligence on everyone you work with and with potential investors
• Innovate UK-supported companies offer attractive validated, de-risked opportunities for private sector funders
www.innovateuk.gov.ukBruce ColleyAccess to FinanceInnovate [email protected]@brucecolley107919 042375