Technology project continues to blossom
May 25 2009 By nebusiness
A PROJECT marrying the brightest technology companies in the region with the major investment needed to become world class recently won the funding needed to continue its work.
CONNECT North East attracted more than 150 delegates, investors from across the country, national Government departments and corporate-venturing divisions to the security-themed investment conference it hosted in Sedgefield, earlier this year.
Nine cutting edge technology companies from the North-East pitched to venture capitalists and investors for between £250,000 and £1m to take their businesses to the next level.
Following its success, CONNECT North East, delivered by networking organisation Bridge Club Ltd, has now won funding from NERIF (the North East Regional Investment Fund), to continue with the project.
The funding will enable CONNECT North East to deliver a series of events over the coming months to help fledgling technology companies in the North East connect with new opportunities, access the investment readiness courses offered by its partners and meet more investors from outside of the region.
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Click on the links below to find out more about the work of CONNECT North East:
May 2009: Newcastle's UK Biometrics in talks with defence giant BAE
May 2009: Sun shines on latest technology
April 2009: Entrepreneurs take up global challenge
April 2009: Bright sparks wanted for £10,000 competition
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