E4. Kate Hofman, Grow Up Urban Farms - Raising £1.9m pre-launch & pregnant

#financialforecasts #InnovateUK #grants

£1.9m raised

GrowUp Urban Farms produce sustainable salads and herbs by growing them in a controlled environment indoors, in vertically stacked layers. 

This was a capital intensive business to get off the ground, which presented some particular challenges in fundraising.

In this episode, you'll discover...
  • How to raise money for a capital intensive business, and use innovation grants to get you on your way
  • The challenges of raising money whilst you’re 7 months pregnant, and the need for the right support around you
  • Why having professional financial forecasts is absolutely essential for effective investor conversations