Getting creative with funding

Posted on the 12 January 2015

Getting creative with funding

Creative and digital businesses looking to fund their ventures can get the low-down on some of the options available at a special free event later this month.

Organised by creative and digital finance specialist Transmit Start-Ups and sponsored by leading North law firm Ward Hadaway, the Funding Your Creative or Digital Business seminar will see speakers from key providers of finance and business support for the creative sectors in England talk about what they can offer new or growing businesses in the sector.

Each of the five organisations represented – Transmit Start-Ups, Creative Industry Finance, NorthStar Ventures, NBSL and Generator – will each have a 10-minute slot to outline how they can help and the services they have to offer.

A Q&A session will then follow where attendees have the chance to quiz the representatives who will also discuss what they are looking for in businesses, how entrepreneurs can access their services and the application process.

There will then be an opportunity for networking and drinks with fellow attendees.

The event takes place at Dance City in Newcastle from 6pm to 9pm on Monday 26 January.

Damian Baetens, Business Development Director at Transmit Start-Ups, said: "We're really pleased to have assembled such a strong line-up of creative business funders and advisors here in the North East for this event.

"It's a great combination of national and regional providers so whether you're a start-up or an established creative business it will provide something unique to boost your business in 2015.

"We're also grateful for the support of an experienced and knowledgeable law firm like Ward Hadaway in sponsoring the seminar."

Transmit Start-Ups is an official delivery partner of the Start-Up Loans Company, a Government initiative chaired by ex-Dragons Den investor, James Caan, and provides finance, business support and mentoring for new businesses throughout the UK.

Creative Industry Finance provides financial and business support for businesses that have been trading for 18 months or more, NorthStar Ventures specialises in funding for building successful high-growth businesses and NBSL – the North East Business Support Fund – supplies tranches of £1400 towards business improvement projects in the North East.

Completing the line-up, Generator provides business support programmes, workshops, coaching and events for music, digital, design, film and photography businesses while sponsor Ward Hadaway is one of the North's leading full service law firms with specialist expertise in advising start-up companies, creative and digital businesses and university graduate enterprises.

Alex Shiel, Partner and Head of Intellectual Property at Ward Hadaway, said: "We have a long track record of working with businesses in the creative and digital sectors at all stages of their development so we know the issues which they face on a daily basis.

"Getting the right kind of funding at the right time – and on the right terms – is crucial to the success of any business in the creative and digital sectors and this event provides an ideal opportunity for companies and entrepreneurs to learn more about some of the options available and the organisations which provide them."

Jonny Gray, Business Support Programme Manager at Generator, said: "Very often those with bright ideas don’t know where to go to access appropriate support or funding in order to turn their idea into a viable business.

"As part of our ongoing commitment to supporting music and the wider creative sector in the North East, this event will help clarify the business support Generator can offer and also identify other key organisations who can complement our delivery."

Admission to Funding Your Creative or Digital Business is free. Tickets can be reserved by going to www.eventbrite.co.uk/e/funding-your-creative-or-digital-business-tickets-14012183819 with further information available at www.transmitstartups.co.uk