“Where are the worthwhile green projects, ask investors? “- The Sunday Times, April 25, 2010
“Clean-tech investment in first quarter of 2010 improves” - Los Angeles Times, May 6, 2010
In Q1 2010, US Cleantech deals raised $733m in new funding across 72 companies, an increase of 490% on Q1 2009. However, UK Cleantech businesses are having problems attracting funding, with many fund managers complaining that they cannot identify viable opportunities.
It seems that that UK start ups are not as successful as American alternatives at convincing investors that they have a sound business propositions.
The challenge for Cleantech entrepreneurs is that they need to:
- Concisely communicate a vision
- Build a viable business model that demonstrates commercial viability
- Show a clear understanding of markets and routes to market
- Present a credible management team story with clearly defined roles, and
- Convince investors how they will secure a good return
Defining the Cleantech business model can be challenging. Businesses may need to explain the use of price support mechanisms, demonstrate access to grant funding and show how quotas or other legislative drivers impact the model.
ecoConnect has partnered with Orchard Growth Partners to help you do this.
Orchard Growth Partners has experienced financial consultants on hand to help you define your cleantech business model, develop effective business plans and advise you on how to approach potential investors.
For a free no obligation discussion to explain how we can help you address the financial issues facing your business contact Andrew Hine of Orchard Growth Partners on 0845 3700 303 or at andrewh@orchardgrowth.com
