AIM Startups is a programme designed to help creative entrepreneurs off to a good start with a new business. With a low interest loan they will be able to cover their start-up costs, and attending training and workshops will give them valuable insight into launching a business. Applicants will receive help and support from the very first steps with perfecting their business plan through their first year of operating their business. Our motto here is ‘AIM for success‘ because we want to help you best as we can in creating a successful business.
Creative businesses have faced significant difficulties in accessing finance from banks since almost the beginning of time, and unless you can borrow from family or friends, or attract private investors to fund you, you may not be able to get the business off the ground. Private investment is a valid option for secondary finance for when you have already had some success, but at the very starting stage it usually means selling a relatively big portion of your business for a fraction of the potential value. Borrowing from friends and family also comes with a risk; arguments relating to money are the arguments that most commonly break relationships. Then there’s us: affordable, unsecured startup loan designed to fund initial costs to get your business up and running, and business specific training and mentoring designed to maximise your chance of success.
The loan is strictly for startup activities and cannot be issued for expansion of an existing business that has been trading for more than 12 months (in some circumstances we can extend this to 24 months).
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When you hit ‘Apply now‘ and send us your business plan, you are given login details to our members’ area. As an applicant you will have access to training materials, our music industry survival guide, networking and training events, and our LinkedIn group and Google hangouts.