Does your business qualify?
So who can submit a proposal and does your business qualify?
Before you consider submitting your business plan to Advantage Creative Fund, please read the following criteria to find out whether the Fund is appropriate to your business. If you are not sure whether your business fits our criteria then call us for an informal discussion on 0844 567 0035.
1) Your company must be located in the West Midlands.
ACF only invests in creative industries companies located in the West Midlands Region, or prepared to move there. The region is made up of:
Herefordshire
Shropshire
Staffordshire
Warwickshire
West Midlands Metropolitan Area
Worcestershire
2) Your business must be within the Creative Industries
Advantage Creative Fund shares the definition of the Creative Industries promoted by the Department of Culture, Media and Sport which is:
Those activities which have their origin in individual creativity, skill and talent and which have a potential for wealth and job creation through the generation and exploitation of intellectual property.
This sector of the economy includes
- Advertising
- Architecture
- The Art and Antiques Markets
- Crafts
- Design
- Designer fashion
- Film
- Interactive Leisure Software
- Music
- Performing Arts
- Publishing
- Software
- Television and Radio
We have invested in a diverse range of creative companies, if you are not sure if your business meets the definition for creative industries then talk to us today to discuss your business proposal.
3) Your business must have good potential to grow.
ACF only invests in commercial businesses capable of generating substantial profits and growing rapidly. Companies proposing an investment must be viable businesses needing additional capital to expand, or start-up businesses which can demonstrate strong growth prospects.
4) Your proposal must be in the form of a business plan
ACF considers investment proposals in the form of a fully developed business plan.
If you need help and advice on creating a business plan, please take a look at our page of advice on how to prepare an investment strategy. Talk to us today.
