Formerly Midven, we are now known as Future Planet Capital Regional

Beyond the Pitch: Challenges faced by Founders in the West Midlands

The West Midlands is a hotbed of innovation. From cutting-edge manufacturing to groundbreaking tech, the region’s entrepreneurial spirit is undeniable. However, for many founders in the West Midlands, the journey from brilliant idea to thriving, scalable business is fraught with unique challenges. We’ve spent years working alongside local startups, and we’ve seen the common roadblocks firsthand. We believe that unlocking the region’s full potential requires more than just capital; it demands a hands-on, strategic approach that addresses these specific hurdles head-on.

Challenges faced by Founders in the West Midlands | Future Planet Capital Regional

The Capital Conundrum: Bridging the Investment Gap

One of the most significant challenges for West Midlands founders is the sheer volume of investment capital that gravitates towards London. While the capital has a well-established ecosystem of VCs, angels, and institutional investors, a significant portion of the country’s innovation is happening outside of the M25. This creates a funding gap that can leave promising startups underserved.

Our mission is to directly address this imbalance. We are committed to backing local innovation, ensuring that founders in underfunded regions have access to the early-stage venture capital they need to grow. From our Birmingham office, our focus is on the West Midlands region, which allows us to develop a deep understanding of the local market and build meaningful, long-term relationships with the founders we back.

The Art of the Story: Refining Your Brand and Pitch

Founders live and breathe their businesses, but this passion doesn’t always translate into the right narrative for investors and customers. We frequently see founders struggle with articulating their messaging clearly. They know what their product does, but they haven’t yet mastered the art of explaining why it matters. Building a strong emotional connection with customers and investors is crucial for success.

That’s why we don’t just write a cheque; we work closely with founders to refine their communication. We help them tell a compelling story that highlights their unique value proposition, resonates with their target audience, and ultimately, captures the imagination of those who can help them scale.

Strategic Support and the Power of Networks

Securing funding is just the beginning. To truly scale, founders need strategic advice, mentorship, and a network of connections. The founder ecosystem outside of London is emerging, but is currently behind the established hubs like London and the South East.

We leverage our national and international networks to connect our portfolio companies with experienced founders who have successfully navigated the scaling journey. We also introduce them to industry experts who can provide valuable know-how and open doors to new opportunities. This isn’t just about making introductions; it’s about providing a lifeline of knowledge and support that can be the difference between stagnating and soaring.

Conclusion

Beyond the pitch, the right investor can give founders guidance on the foundational elements of running a scalable business. Effective board packs, robust financial models, and sound governance are essential for sustainable growth and attracting future investment. These are often seen as administrative tasks, but they are the bedrock upon which a successful company is built. We provide the necessary advice and guidance to establish these foundational elements, empowering founders to build a business that is not only innovative but also structured for long-term success.

By understanding and directly addressing these specific challenges, West Midlands founders can ramp up their growth trajectory. We believe that by working together, we can unlock the region’s full potential and build the next generation of world-class companies, right here in the heart of the country.

Are you a founder looking to secure venture capital investment? Get in touch.