Bunhill: Long wait for sponsorship
LOCAL community bodies in Fife recently got together to form Fife Product Innovation to encourage businesses to bring out new products. They targeted 250 companies and found 60 had registered new products but were still seeking finance to develop them.
Fife has a population of 345,000, or 0.6 per cent of the total UK population. A spot of extrapolation comes up with 8,300 new products awaiting a sponsor. Which makes me think, there is nothing wrong with our creativity but plenty wrong with our banks.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies