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Funding your early-stage tech company - what are the options?

Posted On: 9 Oct 2019   |   Posted By: Tech City UK

Funding your early-stage tech company - what are the options?

While many companies fuel growth organically through generating revenue, depending on your sector, competitor landscape and business model, you may look to seek external funding at some stage of your journey. But what options are there, and when should you start thinking about it? Mark Sykes, Head of BDODrive Accelerate and Tech Nation Rising Stars judge gives us the lowdown on funding routes for early-stage tech companies. BDODrive are partners of Tech Nation's Rising Stars competition.
Most businesses only consider funding less than one month before they need finance, and search engines remain the main starting point for answers. Leaving it to the last minute can lead to panic decisions, more expensive solutions and outcomes which restrict longer term growth.
Giving yourself more lead time when considering options will likely only lead to better opportunities, and more of them, but also options better suited to your stage of evolution. And perhaps most importantly, companies who take time to consider are...

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