(In Part I and Part II, Michael explains the investment process in an attempt to give a realistic depiction of the time it takes to get an investment round through – in this list it’s all about getting it over the final hurdle.) Stage 3 (6 weeks) – Due Diligence and close – dragging deal…
(In the previous posting, Michael describes the first part of the investment process to give an indication of the timescales involved and how it can be difficult and frustrating for founders – but equally how this must be understood.) Stage 2 (10 weeks) – Promoting your Raise The best analogy for this is dating. Work…
(This article is in three parts for ease of reading. Subscribe to the blog or to our mailing list if you don’t want to miss them) The timescales involved in raising investment are different for every business and every round they complete. It is also very difficult to control the timescales because power and influence…
The latest Invest NI introduction to Access to Finance session was held last week to announce the “new” equity funds. These are local government backed equity funds; supported by Invest NI, tendered for and then managed by private fund managers. There is a history of government funding in NI that, according to Crescent Capital, extends…
The decision by a startup founder to raise investment is one with a wide range of ramifications. The positive outcomes are cash to build a team, develop product, implement a marketing strategy and introducing some new voices around the founder. There are also potential negative consequences as the founder no longer has 100% ownership, the…
The answer is – when it’s a contract. The US government has always had Scientific Research Based Interventions (and example is the programme running in Connecticut, but Northern Ireland pioneered the concept of “pre-commercial procurement”. Now, at first glance this seems like a terrible idea. – solutions being procured without access to the free market…
You Say COGS … .. I say Cost of Service, Cost of Revenue, Cost of Product I going to have fun and really mess with you on this. But sit yourself down with some cocoa, pull up a blanket and let me tell you a story of the olden days. Back when almost all business…
EVENT POSTPONED DUE TO BEREAVEMENT Our panel of Legal experts will be answering questions from startups, entrepreneurs and new founders on what Legal considerations they should be making to ensure security in their business. Startups can be especially vulnerable to legal matters such as protecting their Intellectual Property or getting the right Terms & Conditions.…
