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Getting funding ready
What funders like SEFA, NEF, IDC and NYDA look for — and how to prepare before you apply.
Funding applications go more smoothly when your business is already in order. Funders such as SEFA, NEF, the IDC and NYDA generally want to see a compliant, organised business with a clear plan.
Common readiness factors
- Active company registration and tax compliance
- A business bank account and basic financial records
- A clear description of what the funding is for
- Realistic numbers and a simple plan
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