Could “slowing down” the crowdfunding and fintech financial revolution be a bigger risk than new FCA chief Andrew Bailey actually realises?
More businesses are prioritising growth – 62 per cent of mid-sized firms viewed it as a high priority in 2015-16, up from 46 per cent the previous year. External investment is often key to that growth.
With many entrepreneurs facing a UK funding gap to cross before they can launch their business, friends and family have been responsible for lending £7.2bn worth of investment to their loved ones.
In a new regular monthly feature looking at the British investment market, Beauhurst provides a breakdown of October equity fundraising statistics.
It has been reported that venture capital funding for European technology startups has dropped by a third in Q3 2016 and that crowdfunding in the UK has dropped by about 20 per cent.
At the end of UK Crowdfunding Week, it’s a chance to reflect on why this form of funding has become so popular for entrepreneurs.
Outdoor clothing and equipment business GO Outdoors has been sold to JD Sports Fashion for £130m, providing a large realisation for its private equity backer.
Scottish online flight booking business Skyscanner has been sold to a Chinese buyer through a deal valuing it at £1.4bn, providing early investor Scottish Equity Partners with a big pay day.
Chancellor Philip Hammond announced a plan to pump £400m of venture capital funds into the British Business Bank to support the UK’s growing companies.
Ahead of the Autumn Statement, prime minister Theresa May has promised to deliver government investment of £2bn a year for research and development (R&D), while she also highlighted the modern Industrial Strategy and Brexit plans.
In partnership with MicroVentures, Indiegogo equity crowdfunding has been made available, which takes the firm beyond its reward-based funding roots.
This month, I have had even more reason to be optimistic about the increasing strength of the serviced office sector – something worth building a future on.