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INFORMATIVE GUIDES FOR SCIENTIFIC START UPS AND SMALL AND MEDIUM SIZED ENTERPRISES (SME'S)
INFORMATIVE GUIDES FOR SCIENTIFIC START UPS AND SMALL AND MEDIUM SIZED ENTERPRISES (SME'S)
Writing your first investor pitch can be daunting. In this guide we will discuss the key aspects of the investor presentation, how to put together a high level budget and discuss what to expect next on your journey to funding your company.
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The funding process is not complete until all the final documents are signed off. There will be a formal sign off meeting of all the documents in the bundle, known as the 'company bible'.
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As you get close to funding the lawyers will be drawing together the key document package, that gives you some time to get ahead of the game. These are the things you can be getting on with now.
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Innovate grants, such as SMART and the BioMedical Catalyst (BMC), are a great way to provide non-dilutive funding for technology-based start-ups and SME’s. The success rate is low, however so here are a few tips to maximise your chances.
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Innovate grants have ten questions and four of these allow for an appendix to be uploaded. Find out about these with some helpful tips on how to get the most out of the application and maximise your chances of success.
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Risk management is a critical company activity which aims to identify and mitigate threats to your core business. It’s also a key component of any grant application. There are many ways to approach risk.
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Now you’ve started the project – get the management right to make sure the update meetings and claims are processed smoothly.
Find out about the various cost centres and claim requirements here...
Quarterly project meetings need to be completed before you can submit any claim. Any project alterations, virements or variances need to be approved by the Monitoring Officer at these meetings. Learn more about preparing for them, Project Change Requests (PCR’s) and Independent Accountant Reports (IAR’s).
For more information to the Innovate quarterly's click here...
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CHECK BACK SOON FOR FURTHER TOP TIPS AND GUIDES
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