Equity funding worth £5m is up for grabs for high growth and technology start-ups in the Midlands.
The reserve pot for this year's Connect Investment Challenge, this is twice the amount on offer in last year’s inaugural event.
The competition is run by Connect Midlands, the not-for-profit network for investors, and high growth and technology businesses in the region.
"The fact that we have been able to more than double the equity funding this year is testament to the success of the inaugural competition,” says Isabell Majewsky, Director of Connect Midlands.
“This year's challenge will reach out across the Midlands and showcase entrepreneurial activity in the region's business community at its very best.
"Its primary objectives are to identify and highlight entrepreneurial activity, to provide a range of benefits and assistance to those companies, and ultimately lead to real equity investment opportunities."
Applications for the Connect Investment Challenge close 4 July. Click here for more details.
http://www.connectchallenge.org/web/million/index.cfm
Wednesday, May 23, 2007
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