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Top Ten Tips on Securing Funding

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Top Ten Tips on Securing Funding

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The purpose of this presentation is to break down all that must be considered when approaching a company or institution for funding.

You should be able to take the pitch down to a concise 1 minute/1 sentence pitch

Know your product, it's value and why it's better than competitors

Know what your market is, what share you want and how large the market is

How you intend to take the product to market

How you deliver and an analysis on your competitors

The purpose of this presentation is to break down all that must be considered when approaching a company or institution for funding.

You should be able to take the pitch down to a concise 1 minute/1 sentence pitch

Know your product, it's value and why it's better than competitors

Know what your market is, what share you want and how large the market is

How you intend to take the product to market

How you deliver and an analysis on your competitors

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Top Ten Tips on Securing Funding

  1. 1. BrightLemon™ create useful communities. 
  2. 2. Our online communities represent over 1.35 million in 22 countries
  3. 3. Top 10 tips   on securing funding
  4. 4. Top 10 tips   on securing funding for SMEs and Startups
  5. 5. Fundamentals • What is your product/service? • Who will you sell to? • How will you sell/market it? • How will you deliver?
  6. 6. What is your product/service? 1.
  7. 7. Product / Service What is the value? What makes you better? Benefits not just features 1 minute pitch 1 sentence pitch
  8. 8. Who will you sell to? 2.
  9. 9. Customer & Market How big is the market? What share are you aiming for? Who is the customer? B2B? B2C? Where do they shop? How much do they spend per project / per unit?
  10. 10. How will you sell it? 3.
  11. 11. Sales & Marketing Trade Shows, Press, PR, Partners, Channels, Affiliates Direct Marketing Online vs. Offline
  12. 12. How will you deliver? 4.
  13. 13. Product / Service Delivery Distribution, Supply Chain Resellers Processes, Standards Policies: Returns /Complaints
  14. 14. Level Two • Who else is doing this? • What are your costs? • What is your strategy?
  15. 15. Who else is doing this? 5.
  16. 16. Competitor Analysis Direct  Indirect Strategies (1-5)
  17. 17. What are the costs? 6.
  18. 18. Costs Fixed & Variable Production Wages + NI + Tax Rent + Rates VAT Contingency
  19. 19. What is your strategy? 7.
  20. 20. Strategy based on 1-6:   How are you different? Is your product/service better? Cheaper? Better quality? Innovative? Have you found a niche?
  21. 21. Fine Tuning • Key Documents • Tailor the pitch • Keep it simple
  22. 22. Key Documents 8.
  23. 23. Financial Statements   CashFlow, Profit & Loss Balance Sheet  Break-even analysis Base any projections on fundamentals (1-7)
  24. 24. Tailor the pitch 9.
  25. 25. Tailor pitch to audience Risk vs. Reward Loan vs.Equity Bank vs. Angel vs. VC vs. F.F.F.
  26. 26. Keep it simple Write it yourself Be honest (to you) 10.
  27. 27. Fundamentals • What is your product/service? • Who will you sell to? • How will you sell/market it? • How will you deliver?
  28. 28. Level Two • Who else is doing this? • What are your costs? • What is your strategy?
  29. 29. Fine Tuning • Key Documents • Tailor the pitch • Keep it simple
  30. 30. Thank You! 

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