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Running the Gauntlet Competition - [30-07-2007]

With over a month remaining to enter this year's 'running the gauntlet', and a chance to share the £2m on offer from the programme's four investors: CREATE, NW Brown, SEP and Low Carbon Accelerator – what have you got to lose?

Join the many organisations from 2006 that took advantage of this opportunity through HBIC.

This exciting regional investment competition and education programme closes on 2 September 2007 – so get your organisation into shape by testing your business out on this investment readiness proposition via The Gauntlet's online virtual investor www.runningthegauntlet.com

If you have an idea or business and are looking for support, contact HBIC (details below) who have experience and access to knowledge in assisting you in developing your businesses.

See what last year's entrants thought of the programme on this special You Tube link... www.youtube.com/watch/v=WEXIGLS87BU

Turning your innovative ideas into business growth

Do you have an innovative idea but need that initial funding to get it off the ground?

‘Finance for Innovation’ is a portfolio of funds managed by The East of England Development Agency’s (EEDA) specifically aimed at supporting your business

With 4 products available:

• Proof of concept fund - providing financial support to help assess the market for fledgling business ideas.

• Grant for research and development - helping entrepreneurs to carry out research and development work on technology-focused products or processes.

• Running the gauntlet - an investment competition and education programme designed exclusively for entrepreneurs in the East of England, with up to £2 million of equity funding on offer.

• Selective finance for investment in England – helping businesses to grow through investment.

For more information on these please log on to www.eeda.org.uk/financeforinnovation

HBIC is a regional Enterprise Hub that is working with innovative and knowledge based businesses (start-ups, research, blue-chip and academia) and has a record of supporting in the development of business. This can be in the areas of Finance from the Regional Development Agency [EEDA] as described above or through our wide network of partners in Banks, Private Investors, Angels and VCs.

If you would like to seek support from HBIC please contact us on the details below.

Helen Ashby
Communications Executive
Hertfordshire Business Incubation Centre
Business & Technology Centre
Bessemer Drive
Stevenage
Hertfordshire
SG1 2DX
Tel:      +44 (0)1438 310047
Fax:     +44 (0)1438 791081
Email:   helena@hertsbic.co.uk
Web:    www.hertsbic.co.uk and www.galileomasters.co.uk

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