FIG - Find Invest Grow View website

Connecting great ideas with great people

Developer description

FIG offers a pragmatic new approach to investing in young entrepreneurs.
FIG works with young ... More

Editor's review Page 1 of 2

Published 19 Sep 2011

Anyone who has ever watched Dragons Den on television will have some sympathy for the entrepreneurs as they face the inevitable grilling from the guys with the cash. Any perceived blip in their business plan will quickly be pounced on often leaving them red faced and spluttering.

Well this sure ain’t Dragons Den and although the whole aim of the site is to get young people with great ideas in front of investors the level of hand-holding and expert guidance leading them there is first class.

Aimed at undergraduates and graduates of the last five years, (FIG) provides everything necessary to turn a business idea into a well managed and adequately funded reality. Or in the sites own parlance, FIGseeds are introduced to FIGureheads and FIGpartners who can offer professional mentoring services, investment cash or help with access to FIG Seed Funds.

A good idea needs a professional business plan and the site has the tools to allow anyone to write one. By building a profile on the site the team at FIG can check the viability and introduce relevant partners covering a host of specialisms including law and accountancy. Registered FIGureheads also have access to profiles and can monitor the progress of interesting investment opportunities.

The process is thorough and includes workshops where the FIG team can assess a candidate’s readiness for the funding round. If successful, young entrepreneurs are invited to one of the quarterly "Pitch to Investors Events".

There are two funding avenues available. Individual...