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FUNDING FOR CREATIVE BUSINESSES
The Investing for Success Programme
The Investing for Success Programme is available to existing businesses based in London, who are looking to raise external funding of £10,000 and above.
The programme provides:
* An initial free business review
* Advice on available funding and which types may be suitable for your business
* Assistance in preparing a detailed Business Plan to present to an external funder.
The benefits of this support include:
* Review of your organisation and its finance readiness
* Support in understanding types of funding available (loans, grants, investment
finance, etc)
* Help in sourcing the right type(s) of funding for your business
* Understanding of what funders look for when providing finance and how they
assess your application
* Support to become finance ready and how to approach potential funders.
This programme is supported and heavily subsidised by the London Development Agency, so that typically there is no cost to the client for undertaking the total programme.
The KBA FundAssist 1-2-1 Scheme
Should your business be ineligible for Investing for Success support, KBA will work with you on a one-to-one basis to complete a detailed review of your business and your need for additional finance. This assessment will help you identify any further steps you may need to take before you put forward your formal proposal for ongoing funding.
Those businesses participating in the scheme will be allocated a professional adviser who will provide the type of assistance necessary to ensure a high level of “finance readiness” of your business and who will advise on the type(s) of finance to be sought.
The program is designed to lead you step-by-step through the process of raising finance and includes the following elements:
• Preparation of formal Marketing & Operational Plans for your business
• Development of detailed Sales & Financial forecasts
• Production of a formal Business Plan to assist you to clearly and successfully
express your funding needs to prospective financing organizations
• Determination of the type & level of additional funding required that would be
most appropriate for your company's ongoing financing needs
• Identification of appropriate financing organisations that may be able to provide
the necessary funding, including the availability of any creative sector specific
finance, such as loans, grants, equity, etc.
• Assistance with making your applications for financing
This Business Plan will be used as the key supporting document for your funding applications.
The total cost of the one-to-one support provided under the KBA FundAssist 1-2-1 Scheme is heavily subsidised by KBA. Typically, the cost of KBA Support may be payable in installments.
So, if you have a business in the creative sector and are looking to raise external finance, why not contact us?
K Benson Associates have many years experience and in depth expertise in assisting with the preparation of business propositions for financing for companies in the creative sector and all of this knowledge is now available to you, at an affordable cost.
For further information on our other services for creative businesses, see Web Page: “Products” and/or contact the KBA team.
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