creative industry finance seminar series
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Creative Industry Finance Seminar Series. Session 1: Tuesday 16 October 2012. Mary-Alice Stack, Director ArtCo Projects, Arts Council England. Creative Industry Finance Seminar Series. Tuesday 16 October 2012 Down to Business - when does a creative idea become a business, and how?. - PowerPoint PPT PresentationTRANSCRIPT
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: [email protected]: 020 7973 6503