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PIE FINANCEPIE FINANCEFOR INNOVATIONFOR INNOVATION

Bridging the early stage funding gap forBridging the early stage funding gap for

innovative business venturesinnovative business ventures

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Current options for fundingCurrent options for funding

an idea into marketan idea into market

includeincludeGetting a bank loanGetting a bank loan(ii)(ii) Needs securing, usually on your houseNeeds securing, usually on your house

(iii)(iii) Harder with the credit squeezeHarder with the credit squeeze

Private investors who requirePrivate investors who require

(vi)(vi) a developed producta developed product

(vii)(vii) an experienced mangement teaman experienced mangement team

(viii)(viii) possibly some pre-salespossibly some pre-sales

Public grantsPublic grants

(xi)(xi) typically up to 50% fundingtypically up to 50% funding

(xii)(xii) Low chance of successLow chance of success

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The Pie FinanceThe Pie Finance

SolutionSolution Allows fundraising from a bigger audienceAllows fundraising from a bigger audience

Whilst deterring against idea theft.Whilst deterring against idea theft.

Brings together a team, the solution and routes to marketBrings together a team, the solution and routes to marketwith optimal returns to the innovator.with optimal returns to the innovator.

Mitigates risk for business angels/VCs and works with them.Mitigates risk for business angels/VCs and works with them.

Is a global solution.Is a global solution.

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Where we areWhere we are

ASP.NET solution developed.ASP.NET solution developed.

Presented to government, academics and the investmentPresented to government, academics and the investment

community.community.

PR campaign to raise profile.PR campaign to raise profile.

Need to sign up innovators, resource providers andNeed to sign up innovators, resource providers and

investors.investors.

Need to develop social site applications.Need to develop social site applications.

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OpportunitiesOpportunities

HELP DEVELOP ITHELP DEVELOP IT

Be part of the next big FacebookBe part of the next big Facebook application bringingapplication bringingideas to lifeideas to life

FIND FUNDINGFIND FUNDINGList your own FacebookList your own Facebook application to find resource andapplication to find resource andfunding.funding.

SPONSOR USSPONSOR US

To benefit from our international PR campaign.To benefit from our international PR campaign.

LIST YOUR SKILLSLIST YOUR SKILLS

Break into the new invested sales/rental market.Break into the new invested sales/rental market.

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Want to get involved?Want to get involved?

Email:Email: senake@buzztechnology.co.uksenake@buzztechnology.co.uk

Buzz Technology LimitedBuzz Technology Limited83 Victoria Street83 Victoria Street

LondonLondon

SW1H 0HWSW1H 0HW

mailto:senake@buzztechnology.co.ukmailto:senake@buzztechnology.co.ukmailto:senake@buzztechnology.co.uk

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How it worksHow it works

1.1. Innovators define an idea on the system to establish aInnovators define an idea on the system to establish astake in the ground our publicity deters against bigstake in the ground our publicity deters against bigcompany infringement.company infringement.

3.3. Specialists salespeople, engineers, lawyers, accountantsSpecialists salespeople, engineers, lawyers, accountants

would be invited to evaluate the proposals, identify would be invited to evaluate the proposals, identifygaps and provide solutions on a deferred payment andgaps and provide solutions on a deferred payment andprofit share basis.profit share basis.

5.5. A detailed commercialisation plan with a list of theA detailed commercialisation plan with a list of thespecific resources - materials, labour and use of assets isspecific resources - materials, labour and use of assets is

created.created.

7.7. Registered resource providers and investors areRegistered resource providers and investors areautomatically invited to bid to fulfil requirements. Whereautomatically invited to bid to fulfil requirements. Wheresuppliers specify a cashflow requirement, they can tradesuppliers specify a cashflow requirement, they can tradesome of their deferred payment and profitshare forsome of their deferred payment and profitshare forprepayments on the system trading platform.prepayments on the system trading platform.

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How it works (2)How it works (2)

1.1. The systems complex algorithms then optimise the costThe systems complex algorithms then optimise the costof fulfilling these requirements from the registered userof fulfilling these requirements from the registered userbase and open market to minimise the up front funds,base and open market to minimise the up front funds,deferred payments and profit share that need to bedeferred payments and profit share that need to beoffered.offered.

3.3. Selected business angels, venture capitalists and tradeSelected business angels, venture capitalists and tradebuyers would be invited to make offers for the businessbuyers would be invited to make offers for the businessat various stages of development providing a target andat various stages of development providing a target andguaranteed return for concept stage participants.guaranteed return for concept stage participants.

5.5.

The project team select suppliers from the generatedThe project team select suppliers from the generatedfulfilment list and the system generates contracts offulfilment list and the system generates contracts ofsupply which are signed online by all parties.supply which are signed online by all parties.

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How it works (3)How it works (3)

1.1. The project is run to plan either with or without theThe project is run to plan either with or without the

innovators involvement.innovators involvement.

3.3. At the predetermined exit point(s), investors areAt the predetermined exit point(s), investors are

rewarded with their contracted deferred payment andrewarded with their contracted deferred payment andprofitshare less the Pie Finance commission.profitshare less the Pie Finance commission.

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Why it worksWhy it works

The defined items represent a smaller investmentThe defined items represent a smaller investmentriskrisk

Which can be fulfilled by a much larger audience.Which can be fulfilled by a much larger audience.

Resources can be tracked and ownership effectivelyResources can be tracked and ownership effectivelyretained even where they are transformed.retained even where they are transformed.

Redundant or spare resources could be investedRedundant or spare resources could be investedfurther mitigating risk.further mitigating risk.

A reverse royalty agreement allows investors to runA reverse royalty agreement allows investors to runspin off projects to generate income in the event ofspin off projects to generate income in the event ofunderperformance.underperformance.