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Dragon’s Den – Made Easy?

Do you want some Dragon’s Den style investment into your business but cant quite handle being scrutinised by Peter, Hillary, Deborah and Duncan? A new website has been set up offering just that, ‘Dragon’s Den without the nerves’. More than £300,000 from three of the UK’s most prominent investors is up for grabs through www.pitchforit.it, in a bid to find some hidden gems in the UK business market. If you can’t quite handle being on BC prime time then this could be something to help you get hold of some real investment.

Launched in January of this year, the founder of the website has previously entered the Den – and won. The businessman behind the site Peter Hart has previously shaken hands with Duncan Bannatyne for another business, showing that his ideas are clearly often worth investing in. The pitch for it ‘video pitch’ service is currently free for all businesses hoping to attract interest, making it an easy decision if you’re looking for investment.

The bulk of the investment fund is made up from the £250,000 put in by Young Entrepreneur of the Year winner and Markco Media founder Mark Pearson, with former Apprentice candidates Leon Doyle and Ruth Badger putting in £50,000 between them. These three have committed to personally reviewing every pitch uploaded in the coming weeks to see if there are any businesses that they think are set to grow.

If you’re looking for a way to raise some extra awareness about your business and to perhaps secure some lucrative investment, then this could be worth a go. The people behind it are regular investors, with Mark Pearson having funnelled £4 million into UK businesses in the last 2 years.  The service makes it easier for entrepreneurs to pitch their ideas to investors who might otherwise be out of reach. There are no guarantees however – you could come away with thousands, you could come away with nothing, as is the nature of business investment.

If you’re looking for some new and exciting investors for your business, this could be worth a go. However, if you’re in desperate need of every day funding, then be sure to research your alternative finance options and maybe think about factoring and how it could help your business.

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