creative industry finance seminar series

Creative Industry Finance Seminar SeriesSession 1: Tuesday 16 October 2012

Mary-Alice Stack, DirectorArtCo Projects, Arts Council England

Creative Industry Finance Seminar Series

Tuesday 16 October 2012Down to Business - when does a creative idea becomea business, and how?

Tuesday 30 October 2012An introduction to grant funding for creativebusinesses

Tuesday 13 November 2012The ins and outs of loan finance for creativebusinesses

Tuesday 27 November 2012A slice of the pie – equity investment for creativebusinesses

Down to Business…

When does a creative idea becomea business, and how?

Terminology

Creative industriesCreative enterpriseFinanceFundingDebtCreditGrantLoanEquityAssets (intangible; fixed)Cash flow

What do you do?

What do you do?

Why do you do what you do?

Why do you do what you do?

Show me the money…

5 main obstacles to raising finance for your business

1. No track record

2. Your product/service only makes sense to you…

3. Your business seems high risk

4. Lack of tangible assets

5. Poor credit history

www.creativeindustryfinance.org.uk

Crowd Funding

Kickstarter is due to launch in the UK on 31 October (see http://www.kickstarter.com/blog/kickstarter-in-the-uk for further information)

See also:

We did this (http://www.peoplefund.it/arts )

Crowdfunder (http://www.crowdfunder.co.uk )

www.artscouncil.org.uk

Thank you

Mary-Alice StackDirector, ArtCo ProjectArts Council England14 Great Peter Street, London SW1P 3NQ

Email: mary-alice.stack@artscouncil.org.ukTel: 020 7973 6503