An Introduction to UK Crowdfunding and Start-Up Financing
There are a number of avenues to raise funds for a new idea. We have presented a few of the most popular methods (such as crowdfunding in the UK) in our guide, but it is not an exhaustive list. The aim is to give you vital information on how to increase your chances of successfully acquiring financing, whether you are using on-line methods such as Crowdfunding or a more traditional approach like pitching your product to industry.
For more information, download our free guide: Start Up Funding
Starting a crowdfunding pitch or got an idea that needs developing for a crowdfunding pitch?
Request one of our information packs to find out more about patenting and protecting your invention prior to launching a crowdfunding campaign. Also included are idea submissions forms and a confidentiality agreement to get a free idea review from Innovate on the next best steps for your idea. Request a Free Info Pack Here
Crowdfunding is “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.”
There are three main models of crowdfunding available in the U.K.:
- Reward Based Crowdfunding
- Equity Based Crowdfunding
- Bank Loan
For more info please download our guide: “Start up Funding” – New Product Idea? How to raise finance.
Innovate can provide you with the crowd source funding necessities to create an effective business crowdfunding campaign:
- Professional product or idea visuals that tell your story.
- 3D model and consideration of manufacturing constraints.
- A prototype
- Designing rewards that matter and stand out.
- A video and description that explains the story behind your project.
- Patent Protection of your project