Partnership Benefits
A partnership with a Venture Technology firm has many advantages over an investment by a traditional Venture Capital firm and has many benefits over comissioning a development organisation to build your online start-up.
The benefits of an investment by Blue Chilli are:
A partner for life
Blue Chilli is invested in your business, with you, so we are committed to ensuring our investment is a success.
A larger effective marketing budget
As your budget is not tied up in a development firm, you have more available to spend on marketing
You can do what you love (and what you do best)
Blue Chilli will look after the development and all the tricky stuff which leaves you free to do your thing - dealing, selling, marketing and being free to be the entrepreneur
A wealth of experience, connections and resources
Blue Chilli has many connections in various aspects of international business and has the resources and skills needed to build applications quickly.
VC firms generally won't invest in start-ups without a significant percentage ownership of the business - they prefer to invest in 'up-starts', businesses which have been around for a little while, have attained organic growth and already have a steady income. In short, businesses which have 'proven' the business model.
If you have raised an amount of money, either through the FFF fund or through a VC firm you will need to spend a percentage on development, design, scope, graphics, marketing material and branding. The remainder (if you have any left!) is generally used to spend on marketing. An investment by Blue Chilli provides all these resources - so the entire capital can be spent on marketing which ultimately results in faster growth of your business.
Not every one is tech savvy and it is quite difficult sometimes to get exactly what you want from a development firm who is more than likely billing by the hour. Blue Chilli has significant experience in understanding business needs and can develop technical specifications for small applications right up to the documents used by the Department Of Defence (DoDAF). We're happy to work as a consulting firm in this too.
