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lesl


Local Expert AND SMART Accelerator Programs

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Company:
Lanarkshire Enterprise Services Ltd (LESL) 

Lead Advisor:
Kevin Lonergan
 
Sector:
Start-Up Business Advisory Service (Emerging Technology)

Role:
Lead Consultant on 2 to 4-day projects with start-up and growing businesses on becoming Investor and grant Ready, securing investment and Alternative Finance, financial reviewing and modelling. Also delivered several investment and funding workshops to Lanarkshire high growth clients. 

Value Proposition:
Significant value was added to these Lanarkshire - based clients helping the CEOs build up awareness of the different types of public and private sector funding available within Scotland and providing tips and strategies for dealing with potential funders. The role also involved educating these business leaders in the process involved in securing funding and the expectations of funding providers; with in-depth knowledge, understanding and expertise of the Scottish public and private debt/equity/grants landscape including alternative sources of finance and added significant value to clients helping them navigate the Scottish Funding landscape. This service involved significant engagement with Mark Roger and Andrew McGee through the MediCity Scotland DEVELOP Accelerator Program

Results:
  • 60 high growth start-ups supported 
  • 20 Investment Packs produced 
  • 10 Financial Model Reviews 
  • 60 company interventions 
  • 60 action plans implemented 
  • 4 workshops delivered 
  • £1m Investment Raised 
  • £250k Scottish Edge grants secured 

Contract duration: 
April 2016 to May 2017

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