sources of finance
Tenants of the Innovation Centre will be able to draw on the expertise of DIDA in identifying appropriate sources of funding and incentive schemes for their business propositions. This is a complex subject but one in which DIDA has a sound understanding and track record in developing appropriate financial packages for its clients. Essentially, financial packages comprise three elements; equity, loans and grant aid.
"This region is indeed fortunate in the variety of funding and investment packages that are available. Timely access to finance and sound advice is key to successful start-up and early stage businesses, particularly in the hi-tech sector where delay can be disastrous."
Barrie Hensby, Chief Executive of Northern Enterprise Ltd
