Product category:
Exhibitions, Courses, Conferences and Training
News Release from: Connect Scotland
Edited by the Electronicstalk Editorial
Team on 03 November 2006
Conference connects technology with
investors
Confidence is running at a four-year high among the young technology companies preparing for the 10th Connect Investment Conference, to be held in Edinburgh on 8th and 9th November 2006.
Confidence is running at a four-year high among the young technology companies preparing for the 10th Connect Investment Conference, to be held in Edinburgh on 8th and 9th November 2006 Selection is already well underway to fill a limited number of presenter slots at this year's 10th anniversary event, which will give entrepreneurs from Scotland - and, for the first time, from the wider Connect Europe network - the opportunity to present their case to an audience of local and international investors
This article was originally published on Electronicstalk on 8 Nov 2004 at 8.00am (UK)
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Andy McNair, Managing Director of Connect Scotland, said: "The companies seeking funding really have been very proactive this year, reflecting their confidence in themselves and the market".
"One reason for this increased activity is simply that there is now more money in the market for growth-stage companies than has been the case for some years".
"These businesses, many of which have been growing well through early revenue generation, are now looking for equity funding to take their operations to the next level".
"As a result, we are seeing a high proportion of entrepreneurs with experience, a proven track-record and an existing client base, who know what they want and are prepared to be quite selective about the investors they work with".
Since the inaugural Connect Investment Conference in 1997, the event has become an institution within the Scottish technology and investment communities.
It has helped 143 technology business become investor ready, 62% of which went on to receive funding totalling over GBP 220 million.
Eight of the companies which have presented at the CIC have subsequently floated, including such well-known names as Wolfson Microelectronics, MicroEmissive Displays and Stem Cell Sciences.
The total survival rate for CIC presenting companies is an impressive 69%.
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