Start-up funding

All businesses need funds to get their business off the ground - but where do you get them?

Start-up funding can take many forms, including grants, loans, venture capital and investment from a business angel. We have detailed below the main ways in which your business can be funded.

Grants are an award of financial assistance, often given by the government or other organisations to eligible applicants such as:

R&D grants - for research and development are for introducing technological innovation in your business.

The Prince’s Trust - open to 18 to 30-year-olds helping you to get started

The Carbon Trust - If you are looking to cut down on your overheads by using more energy-efficient equipment, you can get zero-interest loans of between £3,000 to £400,000 at 0 per cent with The Carbon Trust...

If you need a grant to get your business started, do some research and apply.

We all have to deal with banks. They can provide funds in the form of loans and overdrafts if they like your business plan. When you meet with the bank, you must be prepared and know your numbers.

Investment funding can take the form of either venture capital or a business angel. Both types if funding will mean that the investor will want something in return so be prepared to offer a share of your business in return for their cash.

If your business is in need of funding or you would like us to review your business plan so it is ready for the bank please contact Richard Dare on 01202 875900 he will help you to get your business funded.


To find out more about any of these stories or
Ward Goodman please contact 01202 875900