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Invest in SBIC Incubators

SMALL BUSINESS INVESTMENT COMPANY LIMITED – INCUBATOR FUNDING

Small Business Investment Company (SBIC) specialize in helping small companies find seed funding through its 10 web sites and a proposed Guildford training/hot desk incubator centre.

SBIC is looking for £50k seed funding to help cover initial cash flow costs of setting up the Guildford incubator. Agreed Government and charity backed funding of £180k are available for the 6 month programme.

The Government has left £680 million in a job creation programme for companies who have applied and not yet for filled their job creation plans. The allocation will be closed on 1 September 2010.

The programme is aimed at 16-24 year old long term unemployed. SBIC has approached those who have been allocated funding to pay the wages of 150 staff (50 on 3 two day periods) and give SBIC £1000 for each person employed as management, mentors or trainees.

Landlords of large empty properties are now expected to pay full business rates. We will set up a Charity and offer the landlord to half this bill for a short term lease. We will also apply for the 20% local charity refund on rates. We will not pay rates and have the estimated £30k income from the landlord.

We will use third parties, charities and volunteers to provide the 2 day training programme. Staff will be expected to undertake work for third parties.

Equipment set up costs will be kept temporary for the 6 month programme.

Though the initial programme is geared to a 6 month period we may be able to repeat the exercise for another 6 month period. More than doubling profits.

SBIC is owned and run by Peter Bhanotwith help form David Bowman and specialist charity consultancies.

If the Guildford incubator project is closed after 6 months an investor could;

  1. treat the investment as a loan and have his investment returned plus interest

  2. have his investment returned and _% of the net profits

  3. convert the investment into shares in Small Business Investment Company Limited

SBIC has projected government and charity donations of £180k for the 6 month Guildford incubator project. Staffing costs would be paid direct. Set up and training costs are estimated as £55K, leaving a net profit of £125k. If this were extended another 6 months, the projected profits would rise to £270k. Any investment would be quickly backed by fee income and provide the opportunity for a substantial return over 6 months.

Please contact Peter Bhanot on 0780 370 7126 if you are interested in this great opportunity.