Sectoral analysis of start-up funding in the UK raised pre and post COVID-19

Haria, Vruddhi (2022) Sectoral analysis of start-up funding in the UK raised pre and post COVID-19. Masters thesis, Dublin, National College of Ireland.

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Abstract

The COVID-19 pandemic has had severe economic repercussions. This study aims to cover the impact of the COVID-19 pandemic on the ability of start-ups in the UK to raise funds from private investors. The basic tenet was to answer the question - How much has the COVID-19 pandemic affected the ability of start-ups and SMEs in the UK from different sectors to raise equity from private investors?

To understand the impacts, the capital filings of a total of 12 start-ups from 3 sectors were extracted for a period of 4 years spanning from 2018 to 2021. The data for pre COVID-19 (2018-2019) was compared against that of post COVID-19 (2020-2021) to find out if there was any indication of the start-ups being adversely affected by the consequences of the pandemic with respect to their fund-rising capabilities. Using percentage differences to compare the changes against one another on a standalone basis, age basis, and also sector-wise. It was found that the pharmaceutical industry expanded dramatically, particularly for late-stage pharmaceutical companies. Earlystage retail companies, on the other hand, saw a decrease in both revenue and share price. In terms of amounts raised and prices per share, all sectors’ pharmaceuticals, technology, and retail performed well. As a result of the findings, it can be concluded that the COVID-19 crisis did not necessarily affect the ability of start-ups to secure external funding.

Item Type:	Thesis (Masters)
Subjects:	D History General and Old World > DA Great Britain H Social Sciences > HD Industries. Land use. Labor > New Business Enterprises H Social Sciences > HD Industries. Land use. Labor > Small Business Sector
Divisions:	School of Business > Master of Science in Finance
Depositing User:	Clara Chan
Date Deposited:	25 Oct 2022 16:13
Last Modified:	25 Oct 2022 16:13
URI:	https://norma.ncirl.ie/id/eprint/5820

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