innovation and r&d escalator workshop: bruce colley - identifying need

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Bruce Colley Access to Finance First principles Identifying need

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Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need.

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Page 1: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

Bruce ColleyAccess to Finance

First principlesIdentifying need

Page 2: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

“Innovation Ladder”

“Finance Escalator”

“Funding Gap”

“Valley of Death”

Page 3: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

The Journey – Escalator?

Page 4: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

Or this?

Page 5: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

Or this!

Page 6: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need
Page 7: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need
Page 8: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

Kic

k-st

arte

r

Page 9: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

Kic

k-st

arte

r

Crowd-funding

Page 10: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

What are investors looking for?

• Right people

• Assets & IPR

• Defendable USP

• Growth Sector

• Scalable

• Demonstrable Market Demand

• Revenue generating

• Commitment

• Wow factor

InvestmentAttractive

Page 11: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

What are investors looking for?

• Cultural change–Life style v. project

• Advisors• Due diligence• Documentation, procedures,

controls• Management team• Understand the investor• Exit strategy–Commitment

• Energetic / Committed

InvestmentReady

Page 12: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

Planning for success

• Start from the end and plan backwards – the Exit!

• Plan your short term / medium term funding –develop a funding strategy

• What do you want from your investors – its never just the money! Negative or positive?

• Work with good advisors – mentors – coaches

• Do your own due diligence on everyone you work with and with potential investors

• Innovate UK-supported companies offer attractive validated, de-risked opportunities for private sector funders

Page 13: Innovation and R&D Escalator Workshop: Bruce Colley - Identifying need

www.innovateuk.gov.ukBruce ColleyAccess to FinanceInnovate [email protected]@brucecolley107919 042375