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WORKSHOPS are on the way to help firms make themselves more attractive to industry.
The Access to Finance workshops, which are being held at NETPark (the North East Technology Park), in Sedgefield, are aimed at new and early stage companies which want to improve their business prospects.
It will also help them to be well prepared for any investor who wants to support them.
The Durham County Council-backed events will be led by experts from Finance Tree in Newcastle and will look at the processes involved with investment finance.
Topics covered will include writing an effective business plan; the sources of finance available such as equity, loans, and grants; how investment deals are structured; and how best to pitch for funding.
Jenny Kwok, innovation development executive at County Durham Development Company (CDDC) which is the strategic investment arm of Durham County Council, said: “For any business looking for finance, it is important to look at the factors the investor will be considering in deciding whether to invest in a company.
“These workshops are aimed at helping businesses overcome any challenges entrepreneurs may face and to give them a better chance of securing the investment they need to grow.
“The businesses don’t have to be in the science, engineering or technology arenas. The workshops are designed for any companies which are innovative, potentially high-growth, and based in the North-East.”
The workshops will tackle different investment themes on each day.
On Thursday, March 1, they will look at deal structuring and valuations.
And on Thursday, March 22, the topic is titled Finalising and Presenting the Business Plan.
Each of the workshops run from 12pm until 4.30pm at NETPark in Sedgefield.
To book a place, or for more information, contact Jenny Kwok at jenny.kwok@durham.gov.uk or call (0191) 3708680.
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