Tag Archive for Equity Funding

Former Start-Up Series winner discusses his next funding round – Ed Bird, Bird Eyewear

By Nick Ismail on Small Business – Advice and Ideas for UK Small Businesses and SMEs
Following winning The Start-Up Series competition, Ed Bird from Bird Eyewear discusses how the business has shifted since winning the competition, the biggest growth challenges the business experienced, how to focus on the next funding round and provides his advice for entrepreneurs on the beginning of the start-up funding journeys.
To find out more about The Start-Up Series competition – run by Worth Capital in partnership with Small Business – and how your small business could secure up to £250,000 in equity funding, read here.
Can you remind us what your company does and how the business has shifted since you won the Start-Up Series and first received investment?
We make beautiful sustainable eyewear – creating exceptional designs and focusing obsessively on quality. For us it’s about reframing what really matters; people and planet. Firstly, seeking out the best sustainable materials for our frames, including certified woods, bio-based acetate, renewable cork and recycled aluminium.
We also ensure that every pair of Birds gives back through our Share Your Sun partnership with SolarAid. Helping to distribute solar light to families in Zambia and Malawi, replacing the use of fossil fuel

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Former Start-Up Series winner discusses his next funding round – Ed Bird, Bird Eyewear

By Nick Ismail on Small Business – Advice and Ideas for UK Small Businesses and SMEs
Following winning The Start-Up Series competition, Ed Bird from Bird Eyewear discusses how the business has shifted since winning the competition, the biggest growth challenges the business experienced, how to focus on the next funding round and provides his advice for entrepreneurs on the beginning of the start-up funding journeys.
To find out more about The Start-Up Series competition – run by Worth Capital in partnership with Small Business – and how your small business could secure up to £250,000 in equity funding, read here.
Can you remind us what your company does and how the business has shifted since you won the Start-Up Series and first received investment?
We make beautiful sustainable eyewear – creating exceptional designs and focusing obsessively on quality. For us it’s about reframing what really matters; people and planet. Firstly, seeking out the best sustainable materials for our frames, including certified woods, bio-based acetate, renewable cork and recycled aluminium.
We also ensure that every pair of Birds gives back through our Share Your Sun partnership with SolarAid. Helping to distribute solar light to families in Zambia and Malawi, replacing the use of fossil fuel

Read more...

The Start-Up Series competition is back — a chance to secure up to £250,000 in equity funding

By Nick Ismail on Small Business – Advice and Ideas for UK Small Businesses and SMEs
The Start-Up-Series competition is back after a month’s holiday!
The Start-Up Series is the UK’s largest seed funding and mentoring competition. Launched in 2016 by Worth Capital, the competition searches for the brightest entrepreneurs with the smartest ideas and invests real cash into promising start-up businesses. So far, the competition has invested more than £4.2m into over 20 young UK businesses.
The competition will run from the 1st to the 14th of each month.
Don’t miss your opportunity to secure up to £250,000 of equity funding and apply today.
The Start-Up Series competition
Each month one or two winners will be selected to receive package consisting of:
• Up to £250,000 of SEIS/EIS equity funding (subject to due-diligence, terms & conditions).
• A minimum of 2 years invaluable hands-on help from experienced mentors.
• Media coverage on smallbusiness.co.uk and other channels to promote your business.
We are on the hunt for B2B or B2C business across all sectors. As long as your business is eligible for SEIS or EIS HMRC advance assurance, then we’ll consider your application.
We’ll be impressed by innovative products or services, in high growth or underserved markets, with the  potential to

Read more...

Pitalia Capital to invest £50m in small businesses

By Timothy Adler on Small Business – Advice and Ideas for UK Small Businesses and SMEs

Pitalia Capital has launched a £50m equity fund to invest in small businesses across Britain.

The money will be used either to fund growth for early stage companies or to back management buyouts of mid-sized firms.

The fund can deploy up to £10m per transaction.

>See also: Forward Advances wants to lend £250m to small businesses by 2023

Pitalia Capital is part of the Pitalia group of companies and funded by entrepreneur Anil Pitalia.

John Davies, who has more than 20 years’ experience in venture capital, private equity and corporate finance, has been recruited from Seneca Partners as managing partner to spearhead this small business investment drive.

Davies was investment director at Seneca Partners for six years, where his deals included its exit from digital business communications specialist Mission Labs in a deal valued at £40m, giving Seneca a 4.2x return for investors.

>See also: How to win a £25,000 Business Boost grant for your small firm

He was also deeply involved in Seneca Partners’ investment in Manchester-based Wejo, the connected vehicle data company, which recently announced plans for a $1bn Nasdaq listing.

Davies said: “What makes Pitalia Capital different is our personal approach

Read more...

Pitalia Capital to invest £50m in small businesses

By Timothy Adler on Small Business – Advice and Ideas for UK Small Businesses and SMEs

Pitalia Capital has launched a £50m equity fund to invest in small businesses across Britain.

The money will be used either to fund growth for early stage companies or to back management buyouts of mid-sized firms.

The fund can deploy up to £10m per transaction.

>See also: Forward Advances wants to lend £250m to small businesses by 2023

Pitalia Capital is part of the Pitalia group of companies and funded by entrepreneur Anil Pitalia.

John Davies, who has more than 20 years’ experience in venture capital, private equity and corporate finance, has been recruited from Seneca Partners as managing partner to spearhead this small business investment drive.

Davies was investment director at Seneca Partners for six years, where his deals included its exit from digital business communications specialist Mission Labs in a deal valued at £40m, giving Seneca a 4.2x return for investors.

>See also: How to win a £25,000 Business Boost grant for your small firm

He was also deeply involved in Seneca Partners’ investment in Manchester-based Wejo, the connected vehicle data company, which recently announced plans for a $1bn Nasdaq listing.

Davies said: “What makes Pitalia Capital different is our personal approach

Read more...

The Start-Up Series competition is back — £250,000 equity funding up for grabs!

Originally written by Nick Ismail on Small Business
Following a short hiatus due to the coronavirus, Small Business and Worth Capital have partnered to reopen the UK’s largest seed funding competition — The Start-Up Series.
The Start-Up Series competition
The Start-Up Series competition was launched in 2016 by Worth Capital, with the aim of searching for the brightest entrepreneurs with the smartest ideas to invest real cash into these promising start-ups.
From September 1st 2020, The Start-Up Series competition in association with Small Business is back and will open for applications at the beginning of every month.
Each month one or two winners will be selected to receive a prize package consisting of:
• Up to £250,000 of SEIS/EIS equity funding.
• A minimum of 2 years invaluable hands-on help from experienced mentors.
• Media coverage on smallbusiness.co.uk and other channels to promote your business.
We are on the hunt for B2B or B2C business across all sectors. As long as your business is eligible for SEIS or EIS HMRC advance assurance, then we’ll consider your application.
We’ll be impressed by innovative products or services, in high growth or underserved markets, with the  potential to build a loved brand. If you can demonstrate these, you’re in with a fighting chance.

For

Read more...

The Start-Up Series competition is back — £250,000 equity funding up for grabs!

Originally written by Nick Ismail on Small Business
Following a short hiatus due to the coronavirus, Small Business and Worth Capital have partnered to reopen the UK’s largest seed funding competition — The Start-Up Series.
The Start-Up Series competition
The Start-Up Series competition was launched in 2016 by Worth Capital, with the aim of searching for the brightest entrepreneurs with the smartest ideas to invest real cash into these promising start-ups.
From September 1st 2020, The Start-Up Series competition in association with Small Business is back and will open for applications at the beginning of every month.
Each month one or two winners will be selected to receive a prize package consisting of:
• Up to £250,000 of SEIS/EIS equity funding.
• A minimum of 2 years invaluable hands-on help from experienced mentors.
• Media coverage on smallbusiness.co.uk and other channels to promote your business.
We are on the hunt for B2B or B2C business across all sectors. As long as your business is eligible for SEIS or EIS HMRC advance assurance, then we’ll consider your application.
We’ll be impressed by innovative products or services, in high growth or underserved markets, with the  potential to build a loved brand. If you can demonstrate these, you’re in with a fighting chance.

For

Read more...