Download - How your accountant can aid the Investor Ready Process for SME’s, Ian McDougall, McDougall Johnstone

Hillington Park Innovation Centre

Securing Funding and Angel Investment

Opportunities

11 September 2014

www.mcdougalljohnstone.co.uk

[email protected]

The Support Network

1. Accountants

2. Lawyers

3. Scottish Enterprise

4. Innovation Centres Scotland

5. Mentors and Non Execs

6. Universities and Colleges

7. Industry Partners.

First Steps

1. What is the opportunity, how does it work?

2. The Revenue model, can it be improved?

3. The Team, size isn’t everything.

4. The competition, be realistic – The Craig Levein Factor.

The Financials

1. Cashflow, Cashflow, Cashflow

5 years

Monthly

Peaks and Troughs

2. Challenge

3. The funding requirement

Stretch

Leverage

Defer

BSB

The Funding Requirement

1. How much and when – Tranche

2. Equity is Gold – Leverage

3. Sources of Funding

The 3 F’s

Directors/Management

Grant Funding

Banks

Business Angels

Syndicates

Venture Capital

Corporate Venturing.

Ongoing Support

1. Funding is only the start

2. Spend and Control

3. Manage Cashflow

4. Opportunities.

www.mcdougalljohnstone.co.uk

234 West George Street

Glasgow G2 4QY

T: 0141 226 1660

F: 0141 226 1661

E: [email protected]