Radium Capital Helps CORE Members Unlock R&D Capital - Find out How.
Radium Capital is a premier provider of R&D financing within Australia, committed to supporting entrepreneurs, startups, and SMEs with access to capital for innovation. Established in 2017, Radium Capital has facilitated over $700 million in R&D funding to approximately 750 companies. Radium Capital’s dedication to championing Australian innovators and fostering growth is why CORE is proud to partner with Radium and help connect our ecosystem with innovative R&D finance solutions.
With a foundation laid by entrepreneurs for entrepreneurs, Radium Capital distinguishes itself through a unique entrepreneurial insight, eschewing traditional banking paradigms in favor of a dynamic understanding of innovators' needs.
Radium Capital created their Radium Advances offering to provide expedited access to up to 80% of anticipated R&D tax incentive refunds. This initiative empowers companies to deploy capital swiftly for growth initiatives without the need to relinquish equity. Radium Capital fosters a vibrant client community, extending support beyond financing through networking events, strategic referrals, and collaboration opportunities.
“Clients we work with are often early stage and, therefore, unattractive to VCs or ineligible for traditional lending products; or scale-ups and ASX companies wanting to hold onto more of their own equity or delay a funding round. For companies with an expected R&DTI refund we provide early access to money that is theirs”, said Roy Smith, State Manager of WA, SA & NT.
Central to its ethos is the recognition of the importance of a diversified capital mix. Radium Capital structures its funding solutions to complement existing financing sources, ensuring flexibility and scalability for its clients. This strategic approach empowers companies to navigate the complex terrain of capital acquisition with confidence and agility.
Addressing industry challenges, Radium Capital acknowledges the persistent issue of capital accessibility for startups and SMEs. Through early access to R&D tax incentive refunds, Radium Capital mitigates cash flow constraints and fosters sustained innovation. Moreover, amidst global economic uncertainty, its commitment to ensuring timely access to capital enables businesses to navigate volatility and seize growth opportunities.
While remaining sector-agnostic, Radium Capital boasts a significant presence in the energy and mining industries, stemming from its roots in Western Australia. Its expertise in these sectors underscores its commitment to supporting innovation across diverse industries.
“Our main goal is to help businesses of all sizes grow and thrive and innovation and business often go hand in hand. Radium Capital was born out of WA which means we understand the energy and mining innovation landscape deeply and are excited by the technology we are seeing being developed”, continued Roy.
Office Hours exclusively for CORE Innovation Hub members provides a platform for personalised discussions on unique business challenges. CORE members can expect strategic guidance on maximizing business growth through R&D financing, leveraging Radium Capital's expertise and network to drive success.
Radium Capital is dedicated to providing professional financial solutions that empower Australian innovators to excel and lead in a competitive global landscape. Join Radium Capital on the journey to unleash the full potential of innovation in Australia.
To find out more about Radium Capital, click here.
For CORE Members wanting to book Office Hours and find out if Radium’s solutions are suitable, email Kate today.