Member Article

Start-ups get ready to pitch for investment

Start-up science and technology companies will be looking for finance of up to £2million this week at an investment showcase in Newcastle. The Connect North East Investment Conference takes aims to put start-ups and young companies in front of investors.

Businesses will be pitching to investors for funding of between £250,000 and £2million. The line-up of businesses presenting to investors includes Guroo Ltd, an educational software developer; Foretell DX, pioneers of a new medical diagnostic service; Trackaphone, developers of location software for mobile phones; and CMI Commerce, which is creating a range of e-commerce tools. Prior to attending, each business has been put through a stringent due diligence and investment readiness programme.

Kate Partridge, from Bridge Club Ltd, said: “This is a great opportunity for investors and start-ups. For investors, it’s a chance to hear about the latest innovations and invest in some hugely exciting prospects. For start-ups, it’s the perfect place to get in front of investors and attract the funding they need for growth. “We’re determined to encourage deal making in the region and want to get as many investors, businesses and professional service providers there as possible. Start ups range from those at the start of the investment process, to those seeking second and third round funding.”

Besides those pitching, start-ups from sectors including orthodontics, digital imaging and the software will be exhibiting. Over 25 Swedish biotech and medical device companies will also be there looking for partnership opportunities and joint ventures in the North East.

The event takes place at the Centre for Life on Thursday 24 April. For more information email connectnortheast@bridgeclubltd.com.

This was posted in Bdaily's Members' News section by Ruth Mitchell .