vfb 2013 - seed and startup funding - crowdcube
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Presentation by Darren Westlake, Co-Founder of CrowdcubeTRANSCRIPT
“Q1 2013 showed the lowest ever level of use of external finance by SME’s” – SME Finance Monitor, Aug ‘13
“Access to finance is a “major barrier” to growth for more than one in five small companies” – FT, Mar ’12
“Less than one in five SME’s have attempted to raise finance in the last year – with 40 per cent of applications rejected” – RealBusiness, Sept ‘13
The problem
What is Crowdcube?
The solution
Crowdcube is the world’s first and leading equity crowdfunding platform giving entrepreneurs a new way to raise investment; and..
…enabling everyday people to invest in exciting start-up and high-growth businesses in exchange for equity
Fully authorised and regulated by the Financial Conduct Authority
The solution
Success so far
£16 millionfunded so far…
£250,000largest single investment
>50,000members
80+£1.9 million
biggest deal
£2,800average investment
Successfully funded deals
£180,000average deal
Stage of Growth
By Category
Case studies
What are the benefits?
New way to raise
finance
UK wide investor reach
Easier to promote
Cost effective
Marketing effect
Crowd feedback
Financial return
‘Armchair Dragon’
Support friends and family
Participation
Lower/spread risk
Simple to invest
Thanks! Questions?
@Crowdcubewww.crowdcube.com