Funding
What information will I need to supply to funders?
Once you’ve selected the relevant funder and received indicative terms from them, you will need to prepare a pack which will effectively be your sales and marketing document to help you achieve the funding required. This pack will need to include the following:
- The story covering the business and it’s progress to date – this is the summary including a copy of the Information Memorandum (IM) document which will give the funder a good overview of the current business as of today.
- Future developments – where you see the future of the business in general terms but also, more specifically in terms of new sectors, new products/services, any necessary R&D, projected sales and profits. It will focus on where you wish to take