Following on from the launch of the East Midlands Combined County Authority’s (EMCCA) £8m Early Stage Angel Investment Fund in July, we’re excited to announce that we will be hosting the second in a series of high growth focused investment ready workshops for 15 selected ambitious businesses in December.
Register to express your interest for the workshop and the FundingHero offer. We will let you know two weeks before the event if you have been chosen as one of the 15 businesses to attend the workshop and the twelve-month licence to the FundingHero investment readiness platform. Information on accessing the one-month FundingHero licence will be sent to you in the order confirmation message.
This fully funded workshop will be run by FundingHero, the Midlands based specialist high growth investment readiness provider. This initiative is being sponsored by East Midlands Combined County Authority, British Business Bank and Barclays Eagle Labs to specifically support businesses who are looking to raise their first or second major external funding round for Pre Seed to Series A companies to allow them to expand and scale.
These in-person workshops will provide access to high growth funding and CFO level scaleup expertise that may not normally be attainable to businesses based on their stage of growth.
The workshops will cover four key areas: Fundraise Planning, Financial Strategy, Fundraise Budget and Fundraise Timeline, so businesses understand the rigours of the process when planning to raise external investment from the range of different funding sources of debt and equity.
Alongside this, an exclusive twelve-month licence to the FundingHero investment readiness platform will be provided to the 15 selected workshop participants and a further one hundred one-month licences will be made available to interested parties considering raising external investment to grow and scale.
There are 15 places available which will be allocated 2 weeks before the workshop. We will let you know if you have been chosen as one of the 15 businesses to attend the workshop and the twelve-month licence to the FundingHero investment readiness platform. Information on accessing the one-month licence will be sent to you in the order confirmation message.
Mayor Claire Ward said: “Access to the right financial guidance and planning is crucial for businesses aiming to scale up, and initiatives like this ensure that companies across Derbyshire and Nottinghamshire have the tools they need to secure investment and achieve their full potential. The East Midlands Combined County Authority are committed to fostering an environment where businesses can thrive, grow, and contribute to the prosperity of our region.”
Jim Shirley from FundingHero said: “We’ve been thrilled with the feedback and level of engagement from the first three workshops. It’s been such a valuable experience to meet such a diverse range of high growth potential businesses to understand their range of funding needs and blockers for growth. Attendees have commented how they’ve really benefited from a higher level of strategic financial support they wouldn’t usually be able to access or afford, which has opened their eyes as to how to properly align their business strategy to their funding strategy and identify which types of funding are appropriate for their journey.”
Lewis Stringer from the British Business Bank said: “The British Business Bank has been really pleased with the level and quality of demand seen for the first investment readiness workshop in Derby. We’re delighted to be able to deliver this second workshop in Nottingham on 5th December in partnership with the East Midlands Combined County Authority, Barclays Eagle Labs and FundingHero. This workshop represents a great opportunity to learn more about what investors and lenders look for in a proposition.”
FundingHero Ltd is an investment readiness provider based in the Midlands specialising in supporting companies from Pre Seed to Series A investment. They operate a Fundraising accelerator running two cohorts per year covering the Midlands alongside their online investment readiness platform that teaches companies how to fundraise. To find out more visit www.fundinghero.co.uk
Register your interest for the workshop and get the link to the FundingHero investment platform.
Published on: 31 October 2024
Categories: News, Economic Development