29th February 2016
EM Ventures, a division of Exterion Media focused solely on connecting start-up businesses with fast growth potential to urban audiences, will soon launch a new funding initiative for start-ups.
Since its formation in February 2015, EM Ventures has worked with more than 30 businesses, including Squadron Venture Media, TransferWise and Treatwell to offer unmatched audience exposure. This has now led to the creation of the Media for Equity programme – an alternative, flexible funding model for fast growing, exit-driven businesses. It offers valuable outdoor advertising space and other services in return for a share of equity, and marks a significant extension in Exterion Media’s support for London’s burgeoning start-up community, which encompasses more than 4,000 businesses and 251,590 jobs.
“A primary growth challenge for any fledgling company is building market awareness to not only accelerate customer take-up, but raise its profile amongst investors. We provide access to London’s 1.3 billion annual Tube passengers and 5.2 billion bus passenger journeys in the UK each year, offering unparalleled audience exposure to start-ups – just as EM Ventures has done for more than 30 businesses to date,” said Shaun Gregory, CEO at Exterion Media.
“Exterion Media is able to pioneer this model in the UK due to the success of the EM Ventures team in forging innovative, win-win partnerships with exciting new companies in their critical growth stage. It’s hugely rewarding to help growing enterprises realise their potential by sharing our insights and display network, and providing vital exposure that is normally out of reach for companies of this size.
“At the same time, we see significant potential to take a whole new approach to generating revenue from previously untapped streams and make the Out-of-Home model more efficient. It’s a more sophisticated alternative to the way advertising has traditionally been bought and sold; one where the media owner has a direct stake in the success of clients.”
The EM Ventures team is lead by senior people from within Exterion Media: