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The smart way to make a great start up

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Page 1: The smart way to make a great start up

Insights • Inspiration • Advice

YourReadyBusiness

Supported by

Page 2: The smart way to make a great start up

The smart way to make a great start-up.

BusinessAccelerators

Page 3: The smart way to make a great start up

An organisation offering mentoring,

support services and funding

opportunities for start-ups.

What’s a Business Accelerator?

Fact: Without support 9 out of 10 start-ups fail within 3 years.

Source: http: //fortune.com/2014/09/25/why-startups-fail-according-to-their-founders

Page 4: The smart way to make a great start up

If selected, you’ll be enrolled in an intense

programme lasting up to 18 months.

How does it work?

Fact: There are 40 Accelerator Programmes in London alone.

Source: https: //hubblehq.com/blog/the-official-list-of-londons-business-accelerators-and-incubators

Page 5: The smart way to make a great start up

You get access to capital and investment

in return for equity in your start-up.

What’s the deal on funding?

Fact: On average they ask for 5-10% equity in return for £20,000 to £30,000.

Source: http: //entrepreneurhandbook.co.uk /

Page 6: The smart way to make a great start up

Entrepreneur (and mum) Kuljit Thiaray,

founder of online ethnic marketplace,

Desi High Street.

Who have they helped...?

Page 7: The smart way to make a great start up

The world’s largest free business accelerator,

put their weight behind Kuljit’s start-up.

Entrepreneurial Spark

Page 8: The smart way to make a great start up

Kuljit and her business were provided with:

• A fully equipped collaborative workspace or ‘Hatchery’

• Enablement via a mentor

• Workshops and event nights

• PLUS some superb networking aand funding opportunities…

What happened next?

Page 9: The smart way to make a great start up

“At the Entrepreneurial Spark Hatchery launch event, I found myself with five other businesses pitching for prize money to a panel of business dignitaries and professional services companies. Much to my delight, I won!

Taking the next steps

Kuljit Thiaray, founder Desi High Street

Page 10: The smart way to make a great start up

“The programme enabled me to launch our live test website in just three months. We rebranded and ran an awareness campaign on South Asian television – tripling the number of retailers we have on board.

Going from strength to strength

Kuljit Thiaray, founder Desi High Street

Page 11: The smart way to make a great start up

“You don’t need to go it alone. I would recommend a business accelerator programme to any aspiring entrepreneur. The mentorship, opportunities and support they provide can propel a business like nothing else.

Propelling the business forward

Kuljit Thiaray, founder Desi High Street

Page 12: The smart way to make a great start up

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Find out more about the Desi High Street story at yourreadybusiness.co.uk

Let’s make every business

ready for anything