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With 16 active investors (FIGureheads) joining FIG?s network and one
investment success story prior to launch, it is now set to attract even more
of the UK?s top angels looking to back some the country?s finest, young
talent and exciting up and coming businesses.
What do Microsoft, Facebook, Sun Microystems, Sky, Innocent Smoothies all have
in common? Now household names, these companies were all started by young
entrepreneurs either still at university or having recently graduated. So
why aren?t more and more students and recent graduates turning to
entrepreneurship as a viable career path? Does the UK have enough support
for a young person looking to start up their own business?
WHAT IS FIG?
“The idea behind FIG is to help young entrepreneurs crystallise their
business ideas with the end goal being investment into their seed company”
explains James King, founder of FIG. “Our website is a platform to help
them in the development of their business. They can put their ideas through
viability tests and build their business plan. We open the doors to our
strategic partners who offer invaluable advice for free, and if needed we
can help implement a management team and introduce them to suitable
“At FIG we believe that the only barriers a young entrepreneur should
face in realising their business ambitions should be the quality of their
idea and the people involved. FIG strives to remove all other barriers and
offer a pragmatic, new approach to investing in young entrepreneurs.”
HOW FIG WORKS
FIG offers suitable investors – known as FIGureheads – access to it’s unique
website to browse and filter relevant investment opportunities with a view
to investing themselves or to offer their expertise.
FIG also arefully selects strategic partners from accountants and lawyers to
office suppliers and design professionals to guide potential seed companies
through their development stage.
Additionally, FIG provides a wealth of online and offline tools and resources,
as well as three types of events including Meet & Greet, events,
Workshops and Pitch to Investor (PTI) events.
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