1. Accessing Business Finance Workshop February 2014 Derry City Council

2. Growth Loan Fund (£50m) (DEBT/MEZZ) Development Fund I (£30m) (EQUITY) Small Business Loan Fund (£5m) (DEBT) Co-Fund NI (£16m) (EQUITY) Development Fund II (£30m) (EQUITY) NISPO Funds(£17m) (EQUITY & GRANT) Deal size Up to £250k £500k £2m Provides Risk Capital funding continuum - from start- up to development capital up to £2m Invest NI’s Access to Finance Solutions

3. Funds and Fund Managers

4. Bank of Ireland NI Development Capital Fund Crescent Capital III Funds and Fund Managers

5. Small Business Loan Fund £5m revolving loan fund launched Feb ‘13. At end Jan ‘14, 53 loans made, totalling over £1m. Provides loans of between £1,000 and £50,000 on a typically unsecured basis, at 6%-10% fixed flat interest rates. Aimed at Micro, SMEs and social enterprises. Start-ups are eligible to apply for up to £15k. Established businesses can apply for up to £50k. Mentoring support is also available. Ulster Community Investment Plc (“UCI”) has been appointed to manage this fund (partly delivered through Enterprise NI). Further details available at www.nisblf.com

6. NISPO Funds Provides support to start-up and early stage businesses along a continuum known as an “enterprise escalator”. Invest Growth POC Fund is a pre-commercial grant fund to establish the commercial potential of a concept. Mini grants up to £10k; standard grants up to £40k. 232 awards made to date. Invest Growth Fund invests in early stage businesses. Investment range £50k- £250k. Private sector contributes 30% in any funding round. 29 deals to date. Two university funds (£1m in each) providing seed investment up to £200k. Suite of support includes “Investment Readiness” and Showcasing events. Further details available at www.nispofunds.com

7. What do funders look for? Character & Ability – brief business history and management profile. Performance – commentary and historical accounts if available. Conduct of Account – evidence of previous facilities respected. Requirements – clear explanation of the purpose of the finance and the amount required. A good funding proposal document. Serviceability – evidence that repayments can be met. Security – what is available?

8. Finance Vouchers Finance Vouchers can be used towards the cost of using external consultants to help businesses prepare a funding proposal. Small or medium sized business from either the manufacturing or tradable services sectors with growth potential, can apply for a Finance Voucher. The Finance Voucher initiative is managed and administered by Invest NI. It provides support at up to 49%, to a maximum of £4k. Cannot be used towards the cost of preparing a grant application or other ongoing accountancy services. Further details available by calling 0800 181 4422 or at http://www.investni.com/support-for-business/funding-for- business/access-to-finance-strategy.html