Raising £1.9m Pre-Launch and Pregnant - Kate Hofman, GrowUp Urban Farms
Fundraising Stories with Female Founders
English - January 04, 2019 09:00 - 39 minutes - 35.8 MB - ★★★★★ - 1 ratingInvesting Business investment equity finance women entrepreneurs fundraising crowdfunding venture capital angel investment female founder Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Kate Hofman, GrowUp Urban Farms raised £1.9m at pre-launch stage to launch her vertical stacked hydroponic farming business; she reveals how she secured an innovation grant for the significant capital she required at the beginning, overcame the challenges of raising money when pregnant, and really focused on developing professional financial forecasts.
GrowUp Urban Farms produce sustainable salads and herbs by growing them in a controlled environment indoors, in vertically stacked layers.
This was a capital intensive business to get off the ground, which presented some particular challenges in fundraising.
In this episode, you'll discover...
How to raise money for a capital intensive business, and use innovation grants to get you on your way
The challenges of raising money whilst you’re 7 months pregnant, and why you need the right support around you
Why having professional financial forecasts is absolutely essential for effective investor conversations
For the full video interview, go to http://www.enterthearena.co.uk/Fundraising-Stories/