What is your business worth?

By j.evans / June 29, 2021 / Handy Tips / No Comments

If you are planning to sell your business, you need to have an idea of its value. So … how do you determine what your business is worth? To sell your business you will need relevant documentation including comprehensive financials and revenue forecasts, as well as a list of the tangible assets th...

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Licensing: What is it and how does it work?

By j.evans / May 27, 2021 / Handy Tips / No Comments

All you need to know about licensing your IP, royalties and what to include in licensing agreements.

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Different ways to raise funds … the crowd and P2P

By j.evans / May 4, 2021 / Handy Tips / No Comments

Crowd funding, equity crowd funding and P2P lending – What’s the difference?  Both crowdfunding and equity crowdfunding are different ways to raise money from a group of people for a specific task e.g. to fund a new product, grow a business or finance an endeavour. Individuals who donate to...

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INNOVIC’s March 2021 Newsletter – the latest grants, resources, articles and more

The latest grants, government programs, information, resources, articles of interest for innovators and start ups.

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What is an accelerator – and how can it help you?

By j.evans / March 2, 2021 / Handy Tips / No Comments

The first seed accelerator, Y Combinator, was launched in the USA in 2005.  Unlike incubators, that “incubate” new ideas, the purpose of an accelerator is to rapidly “accelerate” and scale-up start-ups with global potential through a program of education, mentorship and access to funding. Not all...

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Support for female run start-ups and businesses

By j.evans / February 8, 2021 / Handy Tips / No Comments

Whilst women have made some significant inroads into the start-up and entrepreneurial business scene in recent years, they still face challenges accessing support and funding. We have listed below some of the key programs and resources that specifically support female founders and start-ups. The ...

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How to write a winning grant application

By j.evans / December 1, 2020 / Grants and Awards / No Comments

Grant assessors typically evaluate hundreds of grant applicants.  Some of their frequent complaints are that applicants don’t clearly describe their business and/or their new project; fail to answer all of the questions; don’t include relevant quotes or supporting documents and submit budgets tha...

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How to build your ecommerce business

By j.evans / November 13, 2020 / Handy Tips / No Comments

Building your ecommerce business:  How to use drop shipping The drop shipping market is currently valued at over USD 149.4 billion and is expected to reach USD 557.9 billion by 2025.  Over 33% of all online stores use it.  So what is it? Drop shipping is a supply chain method in which the retaile...

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How to start a white label business

By j.evans / October 12, 2020 / Handy Tips / No Comments

Have you ever thought about starting your own white label business and selling online? It’s easier than you think – if you put in some work. So …what is a white label?  It’s a product or service produced by one company and rebranded and packaged by many other companies as their own.  Here’s...

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Getting new ideas to market – how to avoid the pitfalls

By j.evans / September 21, 2020 / Handy Tips / No Comments

New ideas – opportunities – and pitfalls Have you got time on your hands?  Use it to turn your innovative idea into a new business or explore new ways to pivot an existing business.  In challenging times, there are always opportunities! But what do you do next and how do you avoid the...

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