1. Financial Planning and Funding

2. Where/What is the funding? How do you get it? Importance of financial planning / savvy?

3. Source of Funding 1.Self Funding 2.Family / Friends 3.Banks 4.Venture Capital 5.Business Angels 6.Grants / Public Funding

5. Self- Funding Using historic reserves / Savings Free cash flow from the business 25% of SME’s in Ireland – Self Funding Late payment by customers effecting 70% of SMES affecting cash flow

6. Friends and Family Trust Legal Set Up Interference Stresses

7. Banks Funding Sources Overdraft Facility Loans Restructuring of Both Majority Applications under €50k High % think the the bank would reject the application and don’t put application in

8. Venture Capital

9. Business Angels An angel investor or angel is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. Estimated €246million invested (2012) HPAN http://www.hban.org/ HPAP http://www.intertradeireland.com/equity/business-angel-finance-and- networks/halo-business-angel-partnership/ https://www.enterprise-ireland.com/en/Invest-in-Emerging- Companies/Source-of-Private-Capital/Business-Angels-BES,-Angel-Networks-.html http://www.businessangels.ie/

10. Grants and Public Funding 1.Local Enterprise Office 2.Enterprise Ireland 3.Bord Bia 4.Credit Guarantee Scheme 5.Microfinance Ireland

11. OTHER OPPORTUNITIES

12. Other Supports - Incubators 1.NRDC (launch pad, female entrepreneurship) 2.Wayra 3.New Frontiers 4.Origin 8 (NCAD) 5.Nova UCD 6.Trinity Tech and Enterprise Centre 7.Ignite Incubator Programme (Cork) 8.Invent Centre (DCU) 9.Incubation Centre (Maynooth) 10.Nexus Innovation Centre (Limerick) 11.Food Academy Start Up 12.Institute of Technology Incubation Centres

13. Other Supports - Accelerators 1.NRDC (venture lab) 2.DCU Ryan Academy- Propeller Venture Accelerator 3.DCU Ryan Academy – Female Propellers 4.Trinity – Launch Box 5.Start Up Bootcamp Ireland 6.Seedcamp 7.Dogpatch Labs (Dublin) 8.Mastercard’s Ecommerce Accelerator

14. Other Supports - Competitions 1.IBYE 2.Irish Times Intertrade Innovation Awards 3.Tech All Stars 4.Microsoft’s Imagine Cup 5.Guinness Amplifiy 6.Compass Group Ireland & The Idea Works 7.Bank of Ireland Start Up Awards

15. Other Supports – Crowd Funding 1.Linked Finance 2.Fund-it.ie 3.Seed Ups 4.Kickstarter Go Fund Me Indiegogo Teespring YouCaring Crowdrise Give Forward

16. WHAT DO YOU NEED TO GET FUNDING?

17. Basic Requirements for All Business Plan Proof of Demand Proof of Economics Proof of Plan of Action

18. Basic Requirements for All Customer x Selling Price = Turnover – Costs = Profit (Before Tax)

19. https://www.youtube.com/watch?v=i6O98o2F RHw

20. Thank You!