Looking for funding to help your startup?
Campus Capital is working in partnership with a number of UK universities to deliver on-campus venture capital funds, part-run by students!
The Lancaster team will be hosting their first event this Monday the 29th of January, 6:30-8pm in The Hub, Lancaster University Management School. This event will provide the opportunity for entrepreneurial students and alumni of the University to find out more about potential funding for their startups. With Campus Capital being able to provide investment of up to £350k to startups – this is not an event to be missed! Anyone who attends the will get the chance to meet the Students VCs and receive advice for securing funding.
Please visit the event page for further information and you can find our more about Campus Capital Lancaster here.
More Capital = More Risk?
‘Venture Capital is a hell of a drug,’ an article written by Eric Paley for Tech Crunch explores the risks which venture capital can place on founders including limiting their exit options and increasing burn rates to dangerous levels. The article also talks about how success for an entrepreneur should not always be defined using the terms set out by the venture capital market.
“Founders should focus on smart growth and use VC to support that – instead of treating it like a steroid”
To read the full article, click here.
95% of entrepreneurs worldwide finance their own startups
Limited access to startup finance is a gripe of many entrepreneurs, many of whom can only dream of successfully securing funding from venture capitalists.
The Global Entrepreneurship Monitor 2015-16 Special Report on Entrepreneurial Finance, recently revealed that only 0.16% of small businesses in the United States received venture capital in 2015. The report is the first of its kind since the economic downturn in 2008 and discusses new research which indicates that since the 2008 recession, availability of funding and the cost of starting a business has evolved.
Although startup costs have reduced, obtaining further funding has become much more difficult and consequently entrepreneurs are investing more of their own money into their businesses than in previous years. This has also led to the rise of crowdfunding platforms and community cooperatives as small business owners search for that vital funding to make their ideas happen.
Read more on the report here.
Google is launching a $100m (£58m) venture capital fund to invest in promising European technology companies.
The company has said it could not yet predict what type of companies would receive funding in Europe, but that the investments were for financial return rather than strategic and usually in technology and the life sciences.
Read the BBC article here: http://www.bbc.co.uk/news/business-28242004