Ellen O’Hara

Cockpit Arts’Business GrowthLoan Scheme

Nice idea, or nice little earner?

HELLO!

£160k foundation investment

£100k loan fund

Limited to Cockpit studio holders

Esmée Fairbairn Foundation

BACKGROUND

TERMS & RETURNS

Up to £10,000

6% over 12, 24 or 36 months

Zero default rate

Top 10%

Evidence base

PROCESS & PROFILE

First 12 months

By referral or self selection

£20k-£30K turnover

Vision & willingness to grow

Scalable potential

Pre-application business strategy & planning

Independent loans panel feedback

On-going coaching, progress and review

Action learning network

INCUBATION

IMPACT

28% increase in turnover

75% increase in profits

High of £250k, average £65K

Seed funding

Shift in mindset

THANK YOU

ellen@cockpitarts.com

www.cockpitarts.com

QUESTIONS?

Thank you

ellen@cockpitarts.com

www.cockpitarts.com