North East Scotland Food & Drink Network Event – Accessing Finance to Grow Your Business

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Wednesday 29 August 2018, 3.45-6.30pm

Marcliffe Hotel and Spa, North Deeside Road, Pitfodels, Aberdeen, AB15 9YA

Book here. 

Through ONE’s engagement with food and drink producers across the region, we recognise that access to finance is a critical issue for businesses of all sizes when planning their next stage of growth.

Whether you are considering starting up, preparing to invest in new equipment or scaling up for expansion on the back of a new contract win, this event will give you an insight into some of the various funding options available, beyond traditional loans and grants.  It will also help you to decide on your investment needs and how to manage the process.

Speakers include Scottish Investment Bank, Virgin Start Up and The LendingCrowd, as well as a local business that has first-hand experience of raising funds within this sector.

Speakers:

  • Ian Mitchelmore, Team Leader, Financial Readiness, Scottish Investment Bank, will set the scene, give an overview of types of support available and how to become investor ready. The Scottish Investment Bank (SIB) is Scottish Enterprise’s investment arm helping companies to identify appropriate sources of finance, engage with funders and secure the investment they need to grow their business.
  • David Christie, Virgin Start Up, will provide an overview of the Start Up Loan, which is a personal loan for entrepreneurs looking to start or scale their business. Every funded entrepreneur receives twelve months of exclusive support as part of The Funded Club. Virgin StartUp is the not-for-profit home of entrepreneurship within the Virgin Group, providing advice, funding and mentoring to entrepreneurs in the UK who are looking to start and scale their business.
  • Stephen Hepburn, Head of Customer Banking – Aberdeen City Region, Clydesdale Bank, will provide an overview of the stages during the food & drink company journey that your Bank should be willing to support you both in terms of the advice and funding solutions needed to establish, grow or expand your business.
  • Tim Wright, Director and Co-Founder, Twintangibles (video), will impart some key advice, structure and guidance on crowdfunding and crowd sourcing, which will enable delegates to move from first base to a point where they can make a more considered assessment of if crowdfunding is actually worth exploring. Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the internet. Increasingly common and popular in the food and drink sector, it is a powerful and rich option for many businesses. But it is not easy and to get the maximum return from the investment of time requires insight and planning.
  • Adrian Innes, Head of Origination, The LendingCrowd, will provide an overview of the typical loan purposes, borrower criteria and the application process at LendingCrowd, an award-winning peer-to-peer lending platform that matches investors with British small and medium-sized enterprises (SMEs) seeking business loans.
  • A company case study

Attendees will have the opportunity to register for one-to-one sessions with selected speakers and representatives from other organisations including; Scotland Food & Drink, Johnston Carmichael and Aberdeenshire Council.

This event is aimed at small and medium sized food and drink producers, who are looking to drive growth in their business and are based in Aberdeen, Aberdeenshire or Moray.

Please click here to book your place(s) at this free event.

For more information on this event or future North East Scotland Food & Drink Network events, please email elizabeth.mathie@opportunitynortheast.com

Accelerating the growth of start-up and high-potential businesses of all sizes through specific support focused on business growth, market development, innovation and digital transformation, and skills attraction, development and retention, are strategic priorities for ONE as we seek to grow the region’s food, drink and agriculture sector.

The North East Food & Drink Network is organised by Opportunity North East in partnership with Aberdeenshire Council and aims to support the growth of the region’s food and drink sector.

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