Aycliffe Today Business #9 | Page 4

4 | Aycliffe Today Business NEW VENTURE LAUNCHED TO BUILD BUSINESSES Launched by Newton Aycliffe-based entrepreneurs, Craig and Norman Peterson (pictured), GrowthFunders has a wealth of experience behind it. Both Craig and Norman have supported entrepreneurs who are looking to raise capital, acting as mentors and providing strategic advice to a range of high growth businesses. Growthfunders, the North of England’s first online equity crowdfunding platform based on Aycliffe Business Park, has been launched to match ambitious entrepreneurs with great business ideas to a range of investors to create and grow exciting businesses. The site allows businesses and ideas with high growth potential to garner support from a wide range of investors, including angel networks and early stage venture capitalists (VCs). Growthfunders also opens up access to this exciting asset class to a wider audience of suitably-qualified online angels, or the eponymous “crowd” who can experience , investing alongside more experienced investors. “Entrepreneurs can get their businesses in front of potential investors who in turn are excited to play their part in supporting a new wave of Great British businesses. “Depending on personal and company circumstances, investors can receive up to 78% tax relief on SEIS-compliant deals. Investing in this way was previously available only to wealthy individuals – think Dragons’ Den - but GrowthFunders’ unique structure means that suitably-qualified individuals can become online angels and invest from as little as £100. ” The co-founders have recently completed exams with the Chartered Institute of Securities and Investments as part of their continuous professional development. GrowthFunders is the first platform designed, built, and unveiled by the Petersons’ firm GrowthCapitalVentures. A technology-led financial services business, GrowthCapitalVentures develops and operates online investment and capital introduction platforms. The company has formed a strategic partnership with a leading London-based Investment Management Firm, Linear Investments, who are authorised and regulated by the FCA. Co-founder Norman said: “The aim of GrowthFunders is to streamline the fundraising and investing process. BE PART OF THE HUB You can be part of The HUB business community from just £25 a week, with offices to cater from one up to 20-man teams. Co-director Craig added: “The interest up to this point has been fantastic. We’re working with some very talented entrepreneurs and are excited about the next 50 deals we have in the pipeline that will be listing on the platform over the course of 2014. ” For more information, or to register, visit www.growthfunders.com OFFICE SPACE AVAILABLE FROM JUST £25/WEEK _ OFFICE SPACE _ VIRTUAL OFFICES _ CO-WORKER HUB _ MEETING ROOMS T 0845 805 7422 W hubworkspace.com HUB Workspace – part of the CARLTON & CO GROUP The platform lists business from all stages of growth and all sectors. Anything from a start up in the technology sector with highgrowth potential, to an established business which has been successfully operational for six years and has the potential to list on the stock market in the near future. _ EVENTS _ NETWORKING _ ENTERPRISE DEVELOPMENT _ BUSINESS SUPPORT