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