Funding your business – there are other ways

Funding your business - there are other ways

AS the credit crunch grip tightens, the West Midlands Minority Ethnic Business Forum has taken the lead in organising a free event to raise awareness of the alternatives when it comes to funding business.

The event in conjunction with the Fair Finance Consortium and the regional development agency Advantage West Midlands will explore the various alternatives available to businesses looking for funding.

“With the banks still not lending, many businesses are struggling to find the money they need,” said Mohammad Nazir, chairman of the West Midlands Minority Ethnic Business Forum that provides strategic advice to Advantage West Midlands and other agencies.

“Many good businesses are under pressure because of lack of funding whilst others are unable to finance potential expansion and job creation so much needed, particularly at this time.

“However, there are alternatives to the mainstream financial institutions and our seminar will raise awareness of the options that are available. This is not to remove the responsibility that the banks have but is in recognition of the real problems facing business, added Mohammad Nazir.

The free breakfast seminar will be held at Aston Science Park on Tuesday, January 27. The agenda for the day is

08.00 Breakfast and networking
08.40 House Keeping
Philip Lines, Director of Finance, Aston Science Park
Chair & Introduction – Mohammed Nazir, Chairman of West Midlands Minority Ethnic Business Forum and Member of the West Midlands Enterprise Board
08.50 Briefing 1 – Where is the money?
Patrick Palmer, Head of Access to Finance, Advantage West Midlands
• Escalator of Finance
• What is available?
09.10 Briefing 2 – Alternative forms of Finance
Dr Steve Walker, Chief Executive of ART &
Member of the Regional Finance Forum
• Alternative forms of finance
• Creative options
09:30 BREAK
09:50 Briefing 3 – Raising Finance
John Addison, Head of Small Businesses, Barclays
• Raising money from a bank
• Experiences & lessons learnt
• Case Study of business fund raising
10:05 Briefing 4 – Business Support
Tony Sealey, Chairman of 3b
• Tell it like it is!
• What support is ACTUALLY available!
Interactive Q&A – Ask the Panel from representatives from Fair Finance, Business Link, Advantage West Midlands, Institute of Asian Businesses, Banks
Exhibition & Surgery – Sourcing the options
There will be an opportunity for one to one meetings with a grant and business advisor
11:30 Exhibition & Panel Close

Places are limited and will be allocated on a first come first serve basis.

To register visit the Aston Science Park website

Region: All
Start Date: 27/01/2009
End Date: 27/01/2009
Start Time: 08.00am
Venue: Aston Science Park
Venue Address: Faraday Wharf, Holt Street, Aston Science Park,Birmingham
Press Tickets: Available
Sponsorship: Not Available
Press Tickets:
Name: Adrian Kibbler
Phone: 07831 690940