St. John's Innovation Centre, Cowley Road
CB4 0WS Cambridge
+44 (7747) 017654
Cambridge Wireless Launches Discovering Start-Ups 2011
New tech start-ups offered 'dream ticket' to pitch to 25 leading investors - all in one go
Supported by the East of England Development Agency (EEDA), the Discovering Start-Ups initiative also comprises a full programme of free master classes that includes a fundraising and investment strategies event; business model day; workshops in networking, presentations and pitching; as well as links into a network of industry experts and leaders.
"It has never been a more important time to encourage, nurture and support new technologies and business talent in order to accelerate our recovery and strengthen the UK's position in fast moving markets," said Soraya Jones, CEO at Cambridge Wireless, the leading independent wireless business and technology community. "Discovering Start-Ups is aimed at showcasing some of the most exciting tech innovations and provides their inventors with the chance to impress an unmatched line-up of much sought-after investors that would otherwise take months or years to get in front of."
Five winners will each also get a £2,000 cash prize and a range of valuable consultancy and business services that will be awarded on Finals Day at Cambridge Wireless' prestigious Founders' Dinner Event, on 8th December 2011. In addition, early entrants will get the opportunity to take part in the international business 'dating' event and Networking Tea Party at the Future of Wireless International Conference at the end of June, organised by Cambridge Wireless. Last year's winners will also be exhibiting and presenting at the conference's Innovation Hothouse.
"The East of England has a strong tradition of converting world leading technology research and innovation into successful international businesses," said Deborah Cadman, Chief Executive of EEDA. "Now in its second year, Discovering Start-Ups provides a great opportunity for the next generation of entrepreneurs to benefit from this experience and to accelerate their growth and success."
As a direct result of last year's finals, one of the Discovering Start-Ups winners, Cambridge Temperature Concepts (CTC), also went on to represent Europe as one of six global finalists in the Qualcomm Ventures' QPrize(TM) and picked up a prize of 100,000 euros in venture financing.
Discovering Start-Ups is open to start-ups and early-stage companies looking to take their businesses forward as well as design groups in larger companies looking to exploit new technologies and students or academics in education. The competition is free to enter for companies in the East of England or Cambridge Wireless members nationally.
In addition to EEDA, other organisations backing the Cambridge Wireless Discovering Start-Ups initiative include: Business Link, Cambridge Network, Cambridge University, CamtechNet, Connected Cambridge, Enterprise Europe Network, Google, IdeaSpace, Innovation Martlesham, Nesta, One Nucleus, St John's Innovation Centre and Survive & Thrive.
For more information, please visit: www.cambridgewireless.co.uk/discoveringstartups
About the East of England Development Agency
EEDA has a clear mission - to improve the economy of the East of England. So whether it's helping businesses through the recession, supporting people to be the best they can or breathing new life into places, everything comes back to EEDA's mission statement. EEDA works across the six counties of Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk. EEDA investment decisions have a track record of delivering considerable returns.
A recent independent report found that for every £1 EEDA spent, it generated a mid-point return of £4.75 for the region's economy. Visit www.eeda.org.uk to find out more.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to email@example.com.