Funding for innovation

All innovative ideas need some funding to develop and commercialise them. Before approaching an investor, it is important that you are investor-ready. This includes having:

  • a comprehensive business plan that outlines
    • your management team, history and skills
    • your customers and how you will meet their needs
    • the product/service you plan to offer and the supporting technology
    • the technology and its protection strategies
    • your marketing plan
    • barriers to entry
    • a financial forecast
  • a detailed business structure appropriate for the type of funding you are seeking
  • corporate and business strategies for risk management, business development, conflict of interest etc.
  • a presentation and pitch to make to investors outlining the business opportunity.

This guide explains how to develop your business plan and identify available funding options.

Contact

General enquiries 13 QGOV (13 74 68)

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