Skip to content

Crowdfunding opportunity from SW business – something to share!

March 12, 2013

Received this and thought – this is something to share!

Children’s clothing brand Ocky Olly seek Crowdfunding on platform where female entrepreneurs are shown to succeed.

The crowd sourcing platform Crowdcube celebrated their 2nd birthday last week and the infographics they released, showed that only 10% of entrepreneurs going for funding are women. As one of those women, Ocky Olly founder Marilu Wren, who has recently launched her crowdfunding pitch on Crowdcube, was pleased to note that research shows that although women are less likely to ask for funding, when they do seek to raise funds through the crowd, they have a high success rate in securing funding.

Female entrepreneurs are shown to be more active than men and receive more backers per campaign and a higher average donation value, in fact raising 10.75% more money than male run campaigns.

Sadly these female led campaigns are met with a shortage of female investors, as despite women accounting for nearly half the millionaires in Britain, they total only 5% of the angel network in the UK, which is unfortunate as female investors tend to invest more time in mentoring investees, which is something a female-owned business would particularly appreciate

Marilu’s company Ocky Olly’s first product is the Smocka, a practical and innovative play top for pre-school children, that encourages them to play and learn outside. Made of fleece with fun, digitally designed canvas trims, it’s ideal for little explorers who like to collect things. The large pocket has a waterproof lining which is perfect for conkers, leaves, shells and other discovered treasures, whilst also protecting the garment as a pouch, once the Smocka is folded down and turned inside out.

Based in Devon, Marilu is also encouraged by the statistic that the South West received funding for the most projects after the South East, with retail projects being the front runners when it comes to securing investment over the last two years.

Having recently won a Best New Business Award 2013 from the Devon based Women’s Development Unlimited, who provide training and support for business women in the South West, Marilu is excited by this crowd sourcing investment opportunity. She says “The needs of the child in the children’s clothing market are often sacrificed in the name of fashion itself. Ocky Olly are significantly different in our approach. We seamlessly engage all the generations whilst producing high quality, innovative products for the children themselves.”

Ocky Olly have developed an ethical brand with a British pedigree and are seeking to raise £150,000 through financing equity, to launch new products and accelerate growth initially within the UK and then beyond, with a proposal that also offers UK investors and business angels EIS Relief.

You are able to see Ocky Olly’s pitch at: (http://www.crowdcube.com/partner/businesspilot/investment/ocky-olly-ltd-12425 )

 

Please click here www.ockyolly.com/media.asp to visit the media section on our website which holds more press releases, and a wide range of high res. images for your use.

If you would like to contact Marilu, please contact her by:

Tel: 01548 312200  or 07974 718067

Email: marilu@ockyolly.com

Advertisement
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: