Funding your Business Idea?Tom Ogilvie Enterprise Development Manager

• Introduction

– Why do we need a Business Plan

– High Growth Spinout Programme

– RSE Enterprise Fellowships

– SMART Scotland

– Other funding?

• Seed Funds

• EDGE Award

• Crowd Funding

Why do we need a Business

Plan?

“The important thing is not being afraid

to take a chance. Remember, the

greatest failure is to not try.”

-Debbi Fields, founder of Mrs. Fields Cooki

New High Growth Spinout

Programme

Stages of the project?

High Growth Spinout

Programme.• Technology offering

• IP position

• Commercial Plan

• Market Analysis

• Competition

• Management

RSE Enterprise Fellowship

RSE Enterprise Fellowships

SE SMART : Scotland

• What is the grant for?

– Technical and commercial feasibility studies

– Research & Development projects

• Who is eligible?

– SMEs in Scotland

– Individuals planning to set up an SME in

Scotland

www.scottish-enterprise.com

SE SMART SCOTLAND

Technical Risk

Intellectual Property

Technological advance

Exploitation Route &

Commercial Need

Additionality& Viability

Business Angels?

Scottish EDGE Awards

Crowd Funding?

QUESTIONS?

Thank You

For Further information –

www.research-innovation.ed.ac.uk/entrepreneurs