Accessing funding to fuel growth
Access to adequate funding in early stage Engineering & Technology companies can be critical. Most companies have an awareness that ‘cash’ is available but are not sure how to access it. In addition, many companies simply don’t have the time or resources to pursue it as in reality, it is very unlikely an institution, agency, bank or investor is going to award or inject any significant capital into the business without a detailed application, proposal, business plan or similar.
situation
SOLUTION
Steven has extensive experience in applying for grants, government funding, entering competitions, applying to local agencies and seeking banking support. The approach to each source is usually quite different and will depend on the stage of the business and its needs.
What is very important however is that effort is maximised for the largest return. Steven has created business plans, completed successful applications etc., by able to understand the needs, concerns and risks of the fund holder, but also being capable of understanding and communicating the technical and commercial potential of the product or service and the business.
OUTCOME
Steven has secured numerous grants awards, bank finance and assisted negotiating private investments. In addition, where appropriate, Steven has assisted with applications to local agency schemes for ‘Manager for Hire’ funding and similar programmes which has helped cover the cost of Steven's support.