Tech start-ups participating in Digital Capital’s latest Augmentor programme have gained useful advice on financial modelling and forecasts from the head of Davis Grants’ renowned Tech Specialist Team.
The accountancy firm, which is based in East London, is well-regarded for its expertise and has previously been shortlisted for several awards on the strength of its services to the sector.
Steven Sandford, a Director and Head of the Tech Specialist Team at the firm was invited to provide his expertise to the latest round of the 12-week Augmentor programme, which is designed to support and accelerate the next generation of immersive start-ups.
Steven is a sought-after speaker in the UK’s vibrant community of innovative technology-based businesses. During his virtual presentation, he discussed how having a clear idea of how financial modelling and forecasts can be a key part of an entrepreneur’s pitch to investors and also how staying on top of financial compliance is key to keeping investors happy and confident.
Speaking about his participation in the programme, Steven said: “Unfortunately, many start-ups only make contact with an accountant later in their life, which often means that they miss out on useful advice and opportunities.
“By tapping into a professional support network from the start, entrepreneurs can get ahead of the game and are often far more likely to attract investment.
“During these difficult times, it is especially important that start-ups and their founders obtain the right support to give their business the best chance of surviving and thriving.”
Those who attended the workshops were asked to rate its value to them and during the first presentation guests scored the virtual event 9.3/10.
Lea Gregorka, Innovation Delivery Manager at Digital Catapult, said: “Pleased we worked with Steven from Davis Grant – so professional and full of insight and ideas. While collaborating with him under the Augmentor acceleration programme, he not only helped us shape the accounting workshops, but also delivered it to a very high standard.
“His past experience was essential for scoping the content, as well as for providing advice on specific contexts presented by start-ups. With clear focus and messaging, he delivered tremendous value to start-ups!”