Small and microbusinesses searching for vital funding can attend the Business Funding Show (BFS), a London-based event that brings together entrepreneurs and business finance providers.
Taking place in Old Billingsgate, London on 2nd and 3rd February 2016, the event will be centred on three funding themes: lending, investment, and growth support. The show provides a networking opportunity for both SME owners and finance professionals.
The event has been established to combat the lack of knowledge SME owners have on raising extra cash. According to the Department for Business Innovations and Skills’ (BIS) Small Business Survey 2015, only 15 per cent of SMEs are familiar with multiple finance sources and specific providers.
A number of entrepreneurs and investors will be attending the event. Richard Reed (Innocent smoothies), Charlie Mullins (Pimlico Plumbers), and Lord Bilimoria (Cobra Beer) will be providing key advice on how to gain valuable funding.
Also confirmed to attend are:
- Bill Morrow (Angels Den)
- Mark Wright (The Apprentice winner 2015)
- David Buttress (JustEat),
- Chelsey Baker (Broadcasting Your Business)
- Michael Wilkinson (Crowdcube).
There are many attractions and classes that aim to educate microbusiness owners on becoming an attractive investment for financial groups. The Mentoring and Advice Clinic will provide one-to-one support with financial, business and legal issues.
The six strongest businesses selected among all those who apply will have the opportunity to pitch for funding at Live Investment Challenge run by Angels Den.
‘‘At a time when the lines between the business and finance provider are becoming increasingly blurred, businesses still hesitate to approach external funding sources due to lack of knowledge and understanding,’’ explained Arina Osiannaya, director of The Business Funding Show.
‘‘Modern entrepreneurs are still failing to consider all the options available to secure the right and best funding for their businesses. The event has so much appeal because it engages the entire spectrum of finance providers and dissolves the traditional walls that have always separated the funders from the fund seekers.’’