Finance Toolkit 2 My finance needs result – SCALE 0-5

Thanks for taking the survey!

Your score is

Your business stage is SCALE.

Congratulations!

Your business is already stable, and growing!

Your main effort should be bringing your products/services to other markets, therefore resources should focus on ramp-up production for existing products and widening your product portfolio.

→ Surely the most appropriate financing tool in this phase are:

1. Venture capital

Why?

→ Form of financing that is provided by firms or funds to start-ups in exchange for equity. They look primarily for growth stage firms – companies that have demonstrated high growth (in terms of number of employees, annual revenue, or both).
In later stages (scale-up), private equity makes medium- to long-term investments in, or offers growth capital to, companies with high-growth potential. Private equity investors would usually improve the profitability of the business through operational improvements and aim to grow revenue through investment in product lines or new services, or expansion into new territories.

Important to know

For scale: equity finance could be a good option for many businesses. A detailed business plan is a must together with track records. More VCs are likely to pool resources to fund a scale company.

2. Grants and Competitions

→ Register your company to the Switchers Platform and have access to grants and competitions info in your region!

Register

Yes, send me the link of these results by email so I can always get back to it.
(Please check your spam folder if you don’t see the email immediately.)

Continue to Part 3 My country opportunities:

Next