East Midlands start-ups to gain investment help
New programme aims to give high-growth firms and start-ups access to funding
Businesses in the East Midlands are set to benefit from a new scheme aimed at connecting early stage and high-growth companies with access to investment.
The Access to Finance (A2F) Showcase Events initiative is funded by the East Midlands Development Agency (emda). The organisation said the programme would ‘open up the investment markets of London and the South East to companies seeking finance in the region’.
The focus of the initiative will be aimed at helping early stage, high growth and technology-based firms that are looking for up to £2m of funding.
John O’Reilly, emda‘s director of business support, said: “We can only achieve a region of highly successful and globally competitive firms if we remove barriers to growth – and, very often, these relate to funding.
“By running and supporting a range of initiatives such as those highlighted at the [A2F launch], we will see more businesses talking to investors and a greater number of deals being done – all of which will stimulate growth and help the East Midlands to flourish.”
David Williams, senior partner at law firm Geldards East Midlands, which hosted the launch event, said: “The East Midlands is a dynamic region with a more than healthy entrepreneurial spirit and we’re delighted to be able to play our part in helping this initiative gather further momentum.
“Business finance is crucial in helping companies position themselves for future growth and it is absolutely vital that all possible investment opportunities are opened up to them.”