BDO and Envestors team up to help UK start-ups grow in the UK’s uncertain economic climate
BDO and Envestors announce a nationwide roadshow in Autumn 2019 as part of their commitment to help start-ups and scale-ups from around the UK scale and prosper
13 August 2019, London: Accountancy and business advisory firm BDO LLP and Envestors, the fintech for fundraising company, have announced a joint initiative to support the growth of UK start-ups and scale-ups. The two businesses will combine their offerings in corporate finance, equity finance, tax and accounting services to create a single-point solution for high-growth businesses to raise finance. The collaboration, inspired by the increasing difficulty for ambitious, growing businesses to raise capital in the UK’s uncertain economic climate, is committed to help 50 companies in the next 12 months.
To support their joint objective of helping start-ups and scale-ups to unlock finance for growth, BDO and Envestors will be hosting a nationwide series of events on the theme ‘Raising finance in uncertain times.’ The events, which will take place in Liverpool, Manchester, Glasgow, Bristol, London and Reading, will provide businesses with the opportunity to hear first-hand how to approach raising capital in times of economic uncertainty, how to access state sector finance for growth and how to fundraise from their own network. With subject-matter experts on-hand, companies will also be able to ask their most pressing questions and will walk away better equipped to raise capital and scale.
Sarah Friend, partner at BDO LLP, said: “We live in uncertain times but, whatever the political climate, a prosperous economy is one that puts entrepreneurial and ambitious mid-sized businesses at the heart of its thinking. These are the principles set out in our vision for a ‘New Economy’, and we are determined to support small innovative businesses across the country to unlock their barriers to growth as we enter a new chapter of UK plc post-Brexit.”
Oliver Woolley, CEO of Envestors, said: “A key part of the roadshow is making expertise accessible to start-ups across the country. In the last year, more than 672,000 start-ups were founded in the UK and, in order to scale, many of these businesses will need to secure equity finance. We are here to show these companies that, despite the economic uncertainty, with the right tools and preparation, they can access the funding they need. The roadshow will allow us to have conversations in these great cities, build relationships and ultimately help these young businesses to grow and prosper.”
Registration for the event series opens Monday 5 August 2019 and is free for growth businesses to attend.
Raising Finance in Uncertain Times: Event Programme
Raising Finance in Uncertain Times is a nationwide series of events, hosted by BDO and Envestors, to equip growth businesses to raise finance in the uncertain UK climate. The agenda will include presentations and an expert Q&A session covering: raising capital in times of economic uncertainty, accessing state sector finance for growth and how to fundraise from your own network. Taking place in Liverpool, Manchester, Glasgow, Bristol, London and Reading, tickets are complimentary for growth businesses.
Events will take place from 8:00am to 11:00am in each city.
Registration is restricted to growth businesses.
|Bristol||25 Sept||Learn more and register|
|Reading||15 Oct||Learn more and register|
|Liverpool||22 Oct||Learn more and register|
|Manchester||23 Oct||Learn more and register|
|Glasgow||29 Oct||Learn more and register|
|London||5 Nov||Learn more and register|
BDO LLP operates in 17 offices across the UK, employing nearly 5,000 people offering tax, audit and assurance, and a range of advisory services. BDO LLP has underlying revenues of £590m and is the UK member firm of the BDO International network.
BDO’s global network:
The BDO global network provides business advisory services in 162 countries, with 80,000 people working out of 1,600 offices worldwide. It has revenues of $9bn.
Envestors is a fintech company that connects investors and start-up companies. Founded in 2004, Envestors is regulated by the FCA and has offices in the UK, the Channel Islands, the UAE and strategic partners across China.
Envestry for Scale-ups:
Envestry for Scale-ups gives companies a personalised site to promote deals, raise finance and engage with their investors 24 hours a day, 365 days a year.