31/07/2012

UK Innovation Going for Gold

Innovative British companies, entrepreneurs and venture capitalists are being brought together with the elite of US venture fund managers and investors this week, at a major conference to promote investment in Britain’s rapidly growing high tech sectors.

The two-day event will be led by BIS and UKTI and supported by the Technology Strategy Board during the Olympic Games.

The US / UK Financing Innovation conference opened on 30 July, and aims to highlight the quality of British companies and the UK research base and encourage financial backers to get behind innovative small and medium sized firms. It will also bring investors together so that UK fund managers can build links with their US counterparts.

Technology Strategy Board Chairman and CEO of Cisco UK & Ireland Phil Smith will be chairing a session on ‘Opportunities for venture’ on July 31st, when a networking lunch and exhibition of SME’s will also be hosted by the Technology Strategy Board.

The UK / US Financing Innovation conference is led by BIS and UKTI with sponsorship from ARM holdings and the Silicon Valley Bank, and the close involvement of other key organisations: The British Venture Capital Association and the US National Venture Capital Association, NESTA, Technology Strategy Board, Capital for Enterprise, Cambridge Enterprise, the Tech City Investment Organisation and the Royal Society.

Source: Technology Strategy Board, 31/07/12

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