Who is microFunding?microFunding Ltd is a company set
up solely to help create profitable businesses for inventors and
managers, and help give investors better returns from early
stage opportunities. microFunding’s founders include a Law firm,
a Business Angel network, a Business Consultancy network, a
prototyping business, a firm of Patent Agents, a Chartered
Accountant and Tax Advisers.
The process of three-way funding introductions is called
microFunding.
The web based system through which introductions are made is
called the microFunding® Exchange. Access to the microFunding®
Exchange can be through any affiliate's website.
microFunding Ltd is aware of the potential for abuse of early
stage businesses, and is very protective of all who use its
systems and processes. That is why there are legally binding
Terms and Agreement, so no-one can change their mind after
something looks like becoming a serious success!
Why microFunding?
Good ideas frequently fail to see the light of day because they
fail to attract funding. The microFunding® Exchange helps those
ideas that pass the test to grow profitably for all involved. It
provides experienced and skilled managers with the chance to
make serious money for themselves by making it for others at the
same time. And it gives investors the chance to get early into
opportunities with serious potential, reducing portfolio risk
and enhancing rewards.
Will inventors be involved in the Projects and Businesses?
Well - how long is a piece of string? Often inventors will be
needed as Technical Consultants, certainly in the early days.
But if the business is to succeed to its best potential, the
management has to be the best possible. Management will be
recruited on merit, not by shareholding. So while some inventors
may find themselves helping in a senior role, most will be
relieved to find that they can let the competent and skilled
management team get on with making money for them, while they go
and invent something new for the next project!
The '30 - 30 - 30' rule
This is a 'rule of thumb' used traditionally in Business Angel
investing where there is no realistic business valuation
possible: it's transparent and as fair as possible. But: the '30
- 30 - 30' is shared between roles, not people. It is very
possible - perhaps even common - that some people will qualify
in different roles. This means that the inventor who partially
funds his own opportunity, or the manager who puts in some money
too, will qualify in more than one '30'. In this way,
individuals can sometimes get more than a 30% share of the
equity. |