Purpose of funding: Start-up Launch and Development Costs Y1
Looking to raise funds to launch a new startup in the service sector. It is a B2B startup offering fully-customised research and analytics services in specific, high growth niches such as fintech and cloud computing technologies.
I am doing this to create a completely new platform that will deliver these bespoke services mainly through digital channels, but in a new way, allowing users to reduce substantially the cost of research and decision-making whilst also improving exponentially the quality of the data they can have access to.
Beside the market gap I have identified, the start-up has already a small client base and it is already producing revenues and positive cash flow streams. However, I want to scale things up a bit and put some wind behind the sail.
With more than 13 years experience in business and entrepreneurship, I have built multi-million businesses in the past and having employed and personally trained more than 100 people in the UK only, I feel am in a very strong position to raise funds with lower risk and therefore better ROI for the investor.