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| YOU ARE VIEWING ARTICLE - ID:20100311023 |
|Title:||Angels Descend On Doncaster|
|ID & Publication:||20100311023 ~ The-Villager.co.uk |
|Subject:||Business News |
More than 50 business angel investors and professional services associates are gathering in Doncaster for the Yorkshire Association of Business Angels (YABA) investment forum tomorrow (Tuesday 23 March).
The investment forum, sponsored by Doncaster Council’s Success Doncaster and Invest in Doncaster, will hear pitches from ten regional companies, all looking for investment of between £50,000 and £1 million to launch their new products or drive their businesses forward.
These include South Yorkshire company BiBCOM, which has developed a range of award-winning 3G surveillance products. BiBCOM is currently seeking £200,000 investment to take its latest product from prototype to manufacture. The ‘Instant Security Alert’ is a wireless Bluetooth device with sensors that can monitor a remote location via a mobile phone.
Other investment opportunities being presented at the forum include: a contemporary thriller film project; a quality off-licence specialising in premium bottled beer; a novel method of heat generation; secure, multi-temperature boxes for receipt of home delivery shopping, and the world’s first corn on the cob delicatessen cooker.
Held at Hill House School in Doncaster, the investment forum will also be attended by eleven entrepreneurs – five of whom are based in Doncaster and who may go on to present their own investment opportunities at future forums.
Success Doncaster Programme Manager Julie Wilson said:
'The Success Doncaster programme focuses very much on supporting local businesses particularly in the current economic climate and it is very encouraging to see so many of our local businesses interested in finding out more and perhaps pitching for further finance at future events. Our Invest in Doncaster team will be on hand to offer specialist advice to any business looking to relocate or expand in Doncaster.'
YABA Manager, Barbara Greaves said:
'This is the first time we’ve held an investment forum in Doncaster and it looks like it’s going to be a great success, with ten innovative products and services. YABA has a strong track record of investment in South Yorkshire, with deals worth over £4 million in the last 4 years alone, and we hope to announce even more deals in the coming months.'
YABA has recently signed a new 3-year contract with Yorkshire Forward which has funded more activities to support businesses, together with the appointment of dedicated Ambassadors to promote the work of the angel network across the region.
South Yorkshire Ambassador, Catherine Kennedy, is keen to hear from both potential new angel investors to join the Association as well as companies who could benefit from both the finance and the business expertise that business angels can offer.
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