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“Food for thought” says a delegate at our second annual Food and Drink sector event

Yesterday saw us host our second annual food and drink focused event.

This year the subject was “the future of funding for food and drink producers” and featured presentations by Mark Tyler of Crowdcube and Gavin Poole of Stephens Scown.

Event Chair Tom Roach (Partner in our Truro office) commented as follows: “This breakfast event was originated by our food and drink sector team. They could see three factors converging to make the subject of crowdfunding an increasingly topical one for food and drink producers.  These factors were:

  1. Increased demand for product – including for export
  2. Cessation of a number of grant schemes – historically a source of expansion funding
  3. Popularity and accessibility of Crowdfunding to businesses in the sector

I was very pleased with the quality of the external speakers; the content covered was spot on and the audience were definitely engaged based on the questions raised and the conversation that took place once the formal element of the breakfast event had finished.  This is a sector in which we actively engaged offering the full range of accounting and tax services from compliance to corporate finance and advice on R&D Tax Credits and Enterprise Investment Scheme.”

Event organiser Andrew James is now speaking to representatives of the food and drink team in our other offices to see what appetite (apologies for the pun) there is for a similar event in their regions.  Keep an eye on the events page on our website for details of any events.

I would like to use this opportunity to thank all presenters; all PKF Francis Clark staff involved in the organisation of the event and personnel at the Cornish Food Box for the use of the café as a venue and the lovely breakfast.

We have posted up the slides from the event on slide share and should you have any questions, please do not hesitate to contact Andrew or myself – as one attendee commented afterwards, there was plenty of “food for thought” in the material covered including:

  • Grants, debt and equity – a quick overview
  • Crowdfunding
  • Crowdfunder
  • Crowdcube
  • ‘Legal matters matter’

Next up for us in Truro in terms of breakfast briefings is one dedicated to Cornwall and Isles of Scilly Investment Fund this one should be popular given the interest there is in this newly launched fund.  For more details and to book a place, please click here.

For the Food and Drink sector, there are two events coming in the next week:

Overview (organisers)Where and whenMore details and to book a place
Benefits of working with young people (Game Changer and Cornwall Food Foundation)Jamie Oliver’s Fifteen Cornwall on 11 September 2018Link
“You Can Export – Selling Cornish Food & Drink to the World” (Department for International Trade)Export Hub, Cornwall Services, A30 on 7 September 2018.Link
FEATURING: Richard Wadman
Richard qualified as a Chartered Accountant with KPMG in 1993. Since 2006 he has worked in Corporate Finance, firstly with the predecessor firm in Truro… read more
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