News

The financing needs of the creative and digital sector

Date: 
Mon, 04/10/2010
Summary: 

The financing needs of SMEs in the creative & digital sector differ greatly from most other small businesses because of the unique challenges they face. Featured in the North West Business Insider Power of Ten w/c 4th October 2010.

Phil Greenwood, Client Manager for the Digital & Creative sector at Montpelier Professional Limited
Featured in the North West Business Insider Power of Ten w/c 4th October 2010.
“The financing needs of SMEs in the creative & digital sector differ greatly from most other small businesses because of the unique challenges they face.
Although there are some investors with sector knowledge, most don’t have enough insight into the sector, which points towards the need for the development of a sector specific package for financing C&D firms.
As funding in the public sector diminishes, greater attention needs to be paid to corporate finance if creative businesses are to succeed in attracting a wider range of investment.”