Occasionally we come across guides that we feel are worth reading and help our members stay informed as to their options.
Sitting on the LEP Innovation board, I have seen the plethora of available funding, its complexity, the strings attached and the small chances of success.
It is understandable that Directors often feel that the opportunity cost outweighs the advantages.
Paul Shadbolt of Lloyds bank came across this joint publication by the British Business Bank and ICAEW Institute of Chartered Accountants.
The link takes you to selection criteria based on your growth stage and requirements then supplies a range of options with associated videos explaining those options. The ones I looked at seemed sensible.