
Our Partner, Capital Pilot, has launched a new fund to improve access to funding
Let’s face it, raising equity investment is hard. All the statistics confirm how hard it can be for startups to access funding.
In the UK, Beauhurst reported that the number of deals completed in 2021 dropped by 4%, and that continued a decline that had been reported previously. The numbers get worse if you happen to be a female founder or a founder from an ethnically diverse background.
We’re delighted to report that our partner Capital Pilot have launched Boost Fund to improve access to funding. We already work with Capital Pilot, the Investability and Ratings Agency, to provide detailed feedback and an independent assessment of startups on Funding Accelerator. Now the reporting provided also gives access to funding.
Capital Pilot’s Boost Fund offers an immediate investment of £50K to eligible startups.
It takes less than 30 minutes to complete an application for an Investability Rating. You’ll receive a detailed report giving feedback on your startup within 7 days and, based on your rating, you could immediately qualify for £50,000 investment. Funds are transferred immediately on completion of a simple subscription agreement.
Access to funding could now be just two weeks from application to funds!
For startups that don’t make the grade initially the report provides clear guidance on the areas to focus on and, once addressed, startups can reapply to the Fund.
Richard Blakesley, founder and CEO of Capital Pilot, said
“We all know how important it is to ensure great businesses get the funding they need to thrive, and we also know how difficult and time-consuming fundraising can be. The Boost Fund will supercharge startups’ funding campaigns in line with our mission to ensure equal access to funding. For everyone. Everywhere.”
To apply to Boost Fund sign up for a Capital Pilot Investability Rating.