News From Business Across Hull & Humber
Seminar advised healthcare companies how to secure funding
08/12/2009
The Access to Finance for Healthcare Technologies programme hosted an introductory seminar on Tuesday 24 November at the World Trade Centre Hull and Humber.
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The seminar was aimed at companies in the healthcare sector which are looking for ways to rapidly grow their company through equity funding and funding opportunities, whether it is a start- up healthcare business or an established company.
Paolo Fazzi and Lisa Ward from Grant Thornton which manages the programme,
Richard Cummings from Quotec and Kevin Downes from Bitecic collaborated to discuss investment opportunities for healthcare companies in the region.
The seminar advised healthcare companies on how their business can become investor ready and to help them understand their business from an investor's perspective. It also discussed case studies of healthcare companies that have already successfully secured funding through the Access to Finance programme and how it has helped them develop their businesses.
Companies that successfully secure a place on the programme will have the opportunity to participate in workshops that are specific to financial and healthcare issues. They will also receive mentoring and support from the team, who will arrange access to investors through face-to-face meetings and sessions where they will pitch their ideas to potential investors.
Lisa Ward at Grant Thornton said: 'The introductory seminar is a fantastic opportunity for healthcare companies, whether they are a new or established business to discover how the programme can help them secure funding, so that we can work together to help businesses grow and develop within Hull and the surrounding region.'
Visit www.investinginhealth.co.uk| to find out more about the programme.
All media enquiries to Harriet Cartwright or Lizzie Wilson at Cicada Communications on 01423 567111 or email harriet@cicada-comms.com
Notes to Editors
Yorkshire Forward
Yorkshire Forward is the Regional Development Agency behind the economic regeneration of Yorkshire and Humber. It aims to make a positive difference by investing in jobs, improving towns and cities, and in supporting businesses throughout the region. Over the past year, Yorkshire Forward has created and safeguarded more than 27,000 new jobs; helped create and attract more than 1,100 new businesses, provided nearly 66,000 learning opportunities and attracted more than £333 million private sector finance - achieving or exceeding all of the targets it was set. Yorkshire Forward's investment across the region is maximised by attracting European Regional Development Funding from the Objective One and Two programmes.
Grant Thornton UK LLP
Grant Thornton is a leading business and financial adviser, delivering unparalleled service standards and tailor-made solutions to over 40,000 corporate and individual clients. It is the UK member of Grant Thornton International, one of the world's leading international organisations of independently owned and managed accounting and consulting firms.
BITECIC
BITECIC provides specialist R&D services to support organisations aiming to take new concepts through to market in all areas of healthcare and medical device technology. Drawing on expertise from a world-class team of business, clinical and research personnel, BITECIC applies its regional knowledge to developing and managing the local, national and international collaborations that will add value to its customers.
Quotec
Quotec is a technology and innovation strategy consultancy that utilises a wide network of technology and market experts to assist industry and the public sector in technology commercialisation and knowledge transfer. In the area of health technology Quotec develops and manages industrial innovation programmes for the UK Department of Health. These include the Small Business Research Initiative and other elements of the Invention for Innovation (i4i) programme. Quotec also works directly with health companies large and small on technology development and exploitation. It provides help and support for many small technology based companies seeking investment finance.
Paolo Fazzi and Lisa Ward from Grant Thornton which manages the programme,
Richard Cummings from Quotec and Kevin Downes from Bitecic collaborated to discuss investment opportunities for healthcare companies in the region.
The seminar advised healthcare companies on how their business can become investor ready and to help them understand their business from an investor's perspective. It also discussed case studies of healthcare companies that have already successfully secured funding through the Access to Finance programme and how it has helped them develop their businesses.
Companies that successfully secure a place on the programme will have the opportunity to participate in workshops that are specific to financial and healthcare issues. They will also receive mentoring and support from the team, who will arrange access to investors through face-to-face meetings and sessions where they will pitch their ideas to potential investors.
Lisa Ward at Grant Thornton said: 'The introductory seminar is a fantastic opportunity for healthcare companies, whether they are a new or established business to discover how the programme can help them secure funding, so that we can work together to help businesses grow and develop within Hull and the surrounding region.'
Visit www.investinginhealth.co.uk| to find out more about the programme.
All media enquiries to Harriet Cartwright or Lizzie Wilson at Cicada Communications on 01423 567111 or email harriet@cicada-comms.com
Notes to Editors
Yorkshire Forward
Yorkshire Forward is the Regional Development Agency behind the economic regeneration of Yorkshire and Humber. It aims to make a positive difference by investing in jobs, improving towns and cities, and in supporting businesses throughout the region. Over the past year, Yorkshire Forward has created and safeguarded more than 27,000 new jobs; helped create and attract more than 1,100 new businesses, provided nearly 66,000 learning opportunities and attracted more than £333 million private sector finance - achieving or exceeding all of the targets it was set. Yorkshire Forward's investment across the region is maximised by attracting European Regional Development Funding from the Objective One and Two programmes.
Grant Thornton UK LLP
Grant Thornton is a leading business and financial adviser, delivering unparalleled service standards and tailor-made solutions to over 40,000 corporate and individual clients. It is the UK member of Grant Thornton International, one of the world's leading international organisations of independently owned and managed accounting and consulting firms.
BITECIC
BITECIC provides specialist R&D services to support organisations aiming to take new concepts through to market in all areas of healthcare and medical device technology. Drawing on expertise from a world-class team of business, clinical and research personnel, BITECIC applies its regional knowledge to developing and managing the local, national and international collaborations that will add value to its customers.
Quotec
Quotec is a technology and innovation strategy consultancy that utilises a wide network of technology and market experts to assist industry and the public sector in technology commercialisation and knowledge transfer. In the area of health technology Quotec develops and manages industrial innovation programmes for the UK Department of Health. These include the Small Business Research Initiative and other elements of the Invention for Innovation (i4i) programme. Quotec also works directly with health companies large and small on technology development and exploitation. It provides help and support for many small technology based companies seeking investment finance.
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