Three key places to find investment for your UK Start-Up
Tip 1: Crowdfunding
Crowdfunding platforms allow you to pitch your business idea to a large number of potential investors and raise funds through small contributions from a large number of people. This can be a good option for start-ups that have a compelling story or product and are able to build a strong online presence.
Crowdfunding platforms to consider: Kickstarter, Patreon, Crowdfunder, GoFundMe, Fundable, Crowdcube, SeedInvest
Tip 2: Bank loans
If you have a solid business plan and can demonstrate that your start-up has the potential to be profitable, you may be able to secure a loan from a bank. Keep in mind that banks may require collateral or personal guarantees, so this option may not be suitable for everyone.
Tip 3: Angel Investors
Angel investors are high net worth individuals who invest their own money in start-ups in exchange for equity. They can provide not only financial support but also valuable mentorship and connections in the industry.
But where to find them?
Angel investment networks: There are a number of angel investment networks in the UK, such as Angel Investment Network, Angel Capital Association, and Seedrs, that connect start-ups with potential investors. You can sign up for these networks and create a profile for your business, which will allow investors to find you.
Angel investment events: Many cities in the UK host events specifically for start-ups to pitch their businesses to angel investors. These events can be a good opportunity to network and potentially find an investor for your business.
Personal connections: Your personal network can be a valuable resource for finding angel investors. Talk to friends, family, and professional contacts and see if anyone might be interested in investing in your business.
Online platforms: There are several online platforms that match start-ups with investors, such as Seedrs and Angel Investment Network. You can create a profile for your business on these platforms and try to attract the attention of potential investors.
Professional advisors: You can also try reaching out to professional advisors, such as accountants or lawyers, and see if they know of any potential angel investors. They may have connections in the industry or be able to introduce you to people who could be interested in investing in your business.
Seed funds: Seed funds invest in very early stage start-ups, usually in exchange for equity. Many seed funds focus on specific industries or regions, so it's important to do your research and find a fund that aligns with your business.
Venture capital: Venture capital firms invest in businesses that have the potential for high growth. They typically take a larger stake in the company in exchange for their investment and may also provide strategic support.
Government grants: The UK government offers a number of grants and funding programs for start-ups, particularly those in certain sectors such as technology or sustainability. It's worth checking out what's available and seeing if you're eligible:
Government websites: The UK government offers a range of grants and funding programs for businesses, including start-ups. You can search for grants on the government's business funding website or on the website for the Department for Business, Energy, and Industrial Strategy
Business support organisations: There are a number of organizations that offer support to businesses, including start-ups, in the UK. These organizations may be able to provide information on government grants and other funding options.
Online searches: You can also try searching online for government grants for start-ups in the UK. There are a number of websites and forums that provide information on funding options for businesses. Just be sure to do your research and verify the information you find before applying for any grants.
