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Your business stage is SCALE.
Congratulations!
Once you have arrived at this stage, you are likely to think about the future of your business: critical partners could be other larger businesses.
→ Therefore you should consider these financing tools as the most appropriate ones:
1. Corporate Venture Capital
Why?
→ Investment of corporate funds directly in external start-ups. Large firm takes an equity stake in a small but innovative or specialist firm, by:
(1) making a financial investment in return for an equity stake in the business;
(2) offering debt finance to fund growth activities for an agreed return
(3) offering non-financial support for an agreed return, such as providing access to established marketing or distribution channels, or knowledge transfer
Important to know:
→ Large companies using CVC arms have clear long-term and strategic objectives (including Integration and/or acquisition of scale-ups). Therefore, when approaching CVC, y be ready to consider an exit-strategy scenario (selling your scale-up), and to experience a rigorous due-diligence process by different divisions of a large company wishing to invest in you. Some questions you will need to clearly answer are:
• How much is required and what for?
• How long will the funds be needed for?
• What other skills does my company need?
2. Grants and Competitions
→ Register your company to the Switchers Platform and have access to grants and competitions info in your region!
Register
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