Good document, only thing I found hard to understand was how much you want to raise!
Reasonable response at my meeting, lots to discuss about semantics on Thursday. The marketing strategy will be key, one thing I want you to consider is what will you do if you get more investment? How quickly could you scale up? and would it achieve the same output per £1 (would there be increased cost in increasing your capacity?) Its a question I would like you to have an answer for, we really dont know where this could lead