THE PROBLEM: JUST 3% OF INVESTOR READY, HIGH GROWTH PROPOSITIONS SECURE FUNDING...
The current success rate of invested deals to propositons for investment ready high
growth ventures is just 3% (source: the deal flow funnel at www.angelsoft.net -
the dealing platform for the worlds angel investor networks).
Using the PIE Finance solution to redefine your venture proposition in terms of
resources, we believe that we can significantly increase your chances of success
by getting you partially funded out of the growing pool of underutilised resources
- high calibre individuals between jobs or with spare time, dormant assets, depreciating
stock, underleveraged customer baseed and networks.
After submitting your details and getting an idea of the interest received, you
will be able to decide whether to use our venture redefinition tool to create an
enhanced plan and use it to generate risk mitigated propositions to improve your
chances of securing funding.
OUR SOLUTION: FUNDING BUSINESS START UP USING SPARE TIME AND RESOURCES
Using the matching platform and DealMaker Online, you can create the right conditions
to get the main resources - product development, sales and promotion premises, storage,
transportation and so on - to turn your idea into a revenue generating and/or financeable
business - without payment up front - ideally on a premium fixed price, paid out of revenue
share basis - without giving up equity. Where demand for a particular resource is high,
it may be necessacary to offer equity or an ongoing revenue share.
On the upside, it can help you get the skills and resources that you would
have purchased with money - from a much bigger audience (anyone with spare time and resource),
but at a much earlier (unproven ideas) stage than is generally supported by debt
(banks and leasing companies) or equity finance (business angel) providers. On the downside,
to create the right conditions so that you can get these resources, you need to do a lot more
detailed planning up front and work a collaboratively generated plan.
The most important issues for both collaborative resource and finance providers is
firstly, that the time/resources/capital that they put into a venture are safe and
secondly, that they maximise their return. To help accomodate these priorities, we
advocate:
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reducing the need to have a team who have have 'done it before' by offering to run the business according to
a fixed detailed plan
+
enabling 'en masse' due diligence (many heads are better than one) by involving them in the appraisal, gap analysis and enhancement of the plan.
+
minimising loss if it all goes wrong by allowing them to retain legal ownership of their resources or the value that they add
until they are repaid.
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maximising returns if it all goes wrong by agreeing to competitive use of accumulated knowledge, IP (under licence) and other assets
to help compensate resource and finance providers in the event of underperformance.
In addition to these major risk reducing elements to our solution there are many other things that we have developed over the past three years
(and three pilot trials) that you will find out about as you use the platform to enable your business development. In addition, other functional
enhancements will be rolled out over the next 18 months that will significantly improve the performamce of the solution.
To protect you, DealMaker Online, our collaborative planning tool has three levels
of security - public, NDA signees and trusted invitees - help you to safeguard your
ideas. In addition, other services that we provide such as "pre selling exits" and
our reverse royalty clause to maximise returns on underperformance provide safeguards
that significantly increase your chances of getting "funded".
IMMEDIATE & FREE MATCHING FOLLOWED BY UK & EUROPEAN MARKETING OF YOUR PROPOSITION...FREE
OF CHARGE!
The information that you enter below will be matched and emailed to potential investors,
individuals and businesses on our database who may be willing to work on an initial
revenue share basis to help fulfil your requirements without payment up front. At
our discretion, it may also be included in our regular opportunities email that
goes out to our extended network of collaborative suppliers and investor networks
in the UK and Europe.
The Pie Finance solution can potentially help you where existing debt (loan, overdraft,
invoice discounting, leasing) and equity (angel and VC investment) cannot. By significantly
reducing risk and the cost of the funding process through automation using our venture
redefinition tool, we can potentially structure deals to bring together individuals
and businesses who are keen to sell their skills, products and services for reasonable
returns.
1. Cafes and restaurants - landlords, staff, equipment suppliers and tradespeople
work together to set up a restaurant using a vacant A3 premises, hard to shift kitchen
equipment and furniture. With a significantly reduced need for finance to cover
stock and some marketing, we introduce interested debt and equity providers.
2. Inventors - going from an idea to a product. Having carried out a preliminary
keyword search using Espacenet, Freepatentsonline or one of the many other free
patent search engines to ensure that you can commercialise an idea, you can pitch
for help to protect and prove your concept technically (prototype) and commercially
(market research & piloting). With a proven and protected concept, you can then
look for suppliers, distributors, investors and lenders who will directly help you
take your product to market or licence it through one of the many technology transfer
networks linked to the universities. Grant funding may also be available from Knowledge
Connect (50% of costs up to £10,000).
If you are an SME (small and medium sized enterprise) with between 5 and 249 staff,
freelancers or volunteers, we can provide 1 to 2 days of 100% grant funded, one-2-one
assistance to help with the resourcing process.
(£500 per £10,000 of resources collaboratively supplied or
capital invested) plus a low pay-per-lead fee of typically £49 for resource or investor
contact details. This cost can be met by you or shared equally with suppliers, freelances
or investors.