Equity crowdfunding platform Seedrs announced on Monday it has formed a new partnership with GS1 UK to help support small business growth in the UK. GS1 UK describes itself as a community of more than 38,000 members working in the retail, healthcare, SME and Marketplaces.
“Think of our standards as the DNA of the supply chain. They enable a complete, real-time inventory picture covering all product, transactional and location data. In fact, by using our unique numbers to identify, capture and share information on any product, asset or location, our barcodes and innovative supporting technologies can make your life a whole lot simpler too.”
GS1 UK reported to foster SMEs who are at the stage where they require capital to either get their product off the ground or make that transition to the next stage of growth, it has decided to collaborate with Seedrs. While sharing details about the partnership, Tom Horbye, Head of Campaigns at Seedrs, stated:
“We’re delighted to partner with GS1 UK. Growing a business i slo mean feat, and raising funds can be on e of the most difficult aspects, so it’s great to be able to offer our guidance, support, and funding services to GS1 UK’s community alongside the other partners like the DIT and Young Foodies.”
Seedrs also revealed:
We’re delighted to partner with @gs1 and support their community alongside other partners including @youngfoodies.
See how our new partnership will support small business #growth https://t.co/oP3dBhJMCi pic.twitter.com/5FuaUMxvSB
— Seedrs (@Seedrs) December 9, 2019
Raj Burman, Head of SME at GS1 UK, then added:
Investors are focused on innovative challenger brands, who are expanding at a rapid scale and disrupting the global market. At GS1 UK we understand the challenge of transitioning from start-up to scale-up and critically, the need for investment for business success. In partnership with Seedrs, we can continue to support the future of British business, by providing guidance and connections to catalyst investors for development funds.”