2. The Lancashire Investment Readiness
Programme
“A Finishing School for SMES”
2
Robert Sheffrin, Investment Director, UCLan Ventures
Pete Leather, Programme Director, UCLan Ventures
4. • Many investors
• No shortage of money
But……most businesses fail to raise investment!
4
Why the Investment Readiness Programme?
5. Investor led – team of experienced
investors
Real knowledge – not theory
Improved investment prospects
Gives investors confidence
5
Market gap – programme developed by investment
professionals
Lancashire Investment Readiness Programme?
6. 6
Free for eligible Lancashire companies with growth potential
• Workshops
• 1 to 1 support
• Intellectual property focus
• Investment proposal due diligence & feedback
• Pitching practice & investor identification
For early stage to established SMEs, with growth potential typically
seeking £50,000 to £millions
Flexible Investor-Led Programme?
7. The Problem/Opportunity
• Nocturnal Enuresis (night time bedwetting) is a widespread
and distressing condition that can have a deep impact on a
child or young person's behaviour, emotional wellbeing and
social life
The Solution
• System for predicting and providing warning of bladder voiding
Exploitation Strategy
• Secured SBRI and NHS i4i funding
• Spin out company
Funding Leverage
• £20,000 Investment Voucher leveraged £600,000 funding
Pre-Void Alerting Device
8. 8
• Designs and produces
sustainable packaging solutions
for FMCG manufacturers /
pharma
• CEO – former Asda Walmart
director
• IP secured. Technology proven.
• Growing sales to household
names
• Potential investors identified
• Awaiting major order before
formally approaching investors
Sustainable Packaging Solutions
9. • Fully developed and retailed
products
• Burnley manufacturing
facility
• IP secured
• Investor pitching
• Investment received
9
Making Wholesome Drinks from Flowers
10. Investor - Graham Shiers, Founder & Director, Business Catalyst Club
commenting on the pitch by a Lancashire Investment Readiness programme
beneficiary, …
“Spot on! Unlike many other companies we see, didn’t sell the product, sold
the business”.
10
Beneficiary - Martin Leeming CEO Trak-Rap Ltd
“This is a must do programme for anybody thinking about raising
investment in their business. Knowledgeable people, with a variety of
relevant backgrounds and hands on experience, take you step by step
through this minefield, using a series of group workshops and one to
ones”.
Feedback
11. Peter Leather:
Programme Director,
UCLan Ventures
Head of IP & Commercialisation
Robert Sheffrin:
Investment Director,
UCLan Ventures
Chris Wynne:
Investment Manager,
UCLan Ventures
Sue Falls:
Investment Readiness
Programme Administrator
Peter Rawling
Commercialisation Project
Manager
The Team
Editor's Notes
Cause
Lack of knowledge about available financing option
Fear of losing control
Information asymmetry
Psychology
Workshops Introductory and more detail
1 to 1
Pitching practice
Ensure you understand what is required; have all information; properly prepared; get through the door
Investor introductions
£50k - £millions
Note: We do not prepare business plans or forecasts. We do review assumptions and provide opinions
Talk about Floodkit £5k voucher
Raised £136k by crowd funding
Psychology
Workshops Introductory and more detail
1 to 1
Pitching practice
Ensure you understand what is required; have all information; properly prepared; get through the door
Investor introductions