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Raisedough launches a new way of financing food & drink business growth
For food & drink businesses that are considering how to finance business growth, Raisedough offers crowdfunding – an innovative social finance option.
You only have to turn on the television to see food & drink attracting attention from crowds of eaters and drinkers, the Raisedough platform harnesses this to enable entrepreneurial food & drink businesses to raise funds from everyday people or armchair investors in return for equity and rewards.
Ex-professional chef and food & drink business consultant, Richard Reeves has launched Raisedough to offer food & drink businesses a new way of financing growth. Richard said “Times of austerity often seed great innovation and food & drink entrepreneurs are growing their businesses in a new socially-connected economy and seeking new ways of financing growth outside of the traditional routes of business angel, venture capital or bank financing. Crowdfunding is an innovative option to enable businesses and entrepreneurs to bring their plans to life.”
Entrepreneurs that want to raise equity funds start the crowdfunding process by creating an investment pitch comprising business plan, financial and a video. This is placed onto the crowdfunding platform where over 15,000 registered investors can view, discuss and thereafter invest in the business.
Businesses can make their investment pitches more attractive through the Government’s tax incentive schemes – the Enterprise Investment Scheme, which offers a range of tax incentives to investors who purchase new shares in an investee company and the Seed Enterprise Investment Scheme, which is designed for earlier stage businesses and offers even greater tax incentives to investors.
Food & drink businesses that are considering how to finance their growth can discuss how crowdfunding could help them realise their plans with Richard Reeves on 08456 446608 or find out more at www.raise-dough.com
Raisedough Limited
Contact: Richard Reeves, Managing Director
T 08456 446608
M 07711 083308
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