Created by the National Consortium of University Entrepreneurs (NACUE) and cmypitch.com, nacueventures.com enables university-based entrepreneurs to upload a video pitch for funding supported by summary business plan details. A network of investors registered on the site are then permitted to review pitches and inform their investment decisions. Initial contact is managed via the site, before both parties meet in person to explore opportunities further or to close a deal.
NACUE is the creation of Victoria Lennox, former President of Oxford Entrepreneurs, Oxford University’s enterprise society and the largest of its kind in Europe. Recognising the fast-growing interest in entrepreneurship, Lennox has pulled together the country’s entrepreneur-focused societies, representing over 25,000 members.
Victoria Lennox says: “one of the key barriers that young
entrepreneurs face when starting-up is information on, and access to,
capital and investment. Nacueventures.com is well-placed to fill this
gap by helping young entrepreneurs across the UK to better understand
funding options and to connect with interested investors.”
Emmett Kilduff, cmypitch.com’s CEO says: “The best brain power in
Britain is at the universities. And investors are out there, but have no
formal way of sourcing good opportunities from universities. This is
what drove me to launch nacueventures.com with Victoria. I want to help
good university entrepreneurs find funding to fuel their business
dreams.”
Entrepreneurs using the site, which is free to upload pitches onto
and only charges a one-off £99 to contact investors that express an
interest, also boasts an unrivalled library of “investor readiness”
tools, featuring video tips from top entrepreneurs, such as Dragons’
Den’s James Caan and former Dragon and SchoolforStartups.co.uk founder
Doug Richard, both of whom are highly active angel investors. There are
other online resources such as guides, advice and offline support from
incubation units and Enterprise societies.
For investors, nacueventures.com has the potential to open up the UK’s
best university investment opportunities and makes identifying the most
attractive deals more efficient. Investors can save valuable time,
allowing them to not only assess the business opportunity but also the
people behind the proposition.
For more information please visit: http://www.nacueventures.com