Com­pa­nies in­vited to pitch for share of re­gional in­vest­ment

Gloucestershire Echo - - BUSINESS -

» IN­NO­VA­TIVE com­pa­nies are be­ing in­vited to pitch to in­vestors to raise in­vest­ment from £150,000-£2mil­lion.

Pitch­fest South West, is de­liv­ered by Enterprise Europe Net­work (EEN), in part­ner­ship with In­no­vate UK and sup­ported by the Knowl­edge Trans­fer Net­work.

The pro­gramme of­fers in­ten­sive in­vest­ment and pitch train­ing to scal­ing busi­nesses to pre­pare them to pitch ‘live’ to an au­di­ence of real in­vestors.

EEN fi­nance spe­cial­ist Ed Tell­wright said: “Pitch­fest re­ally is the busi­ness op­por­tu­nity of a life­time for com­pa­nies in Glouces­ter­shire to pitch for fi­nan­cial sup­port to pri­vate in­vestors who will be in­vest­ing their own per­sonal funds.

“The in­vestors we have gath­ered to­gether in the South West are high-net worth in­di­vid­u­als who have gen­er­ally owned or run busi­nesses.

“These in­vestors don’t just want to in­vest their money alone. They want to give some­thing back to the lo­cal com­mu­nity and they will prob­a­bly be able to open busi­ness doors for the firms they sup­port.”

Com­pa­nies will be in­ter­viewed be­fore be­ing se­lected to at­tend pitch train­ing days in early Septem­ber.

Places are limited to 20 com­pa­nies from which 10 busi­nesses from the South West will be se­lected to pitch at two in­vestor show­cases in Bris­tol and Ex­eter in Oc­to­ber.

“The busi­nesses we are tar­get­ing for Pitch­fest will be highly in­no­va­tive scale-up busi­nesses,” said Mr Tell­wright.

“The fi­nan­cial sup­port from the in­vestors is de­signed to take a com­pany’s idea or prod­uct and com­mer­cialise it suc­cess­fully.”

It is free to en­ter and for more in­for­ma­tion, visit pitch­festsw2019.eventbrite.co.uk or email Ed Tell­wright ed.tell­[email protected]­ness­west.co.uk.

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