Small & medium business

Speed dating for businesses

Author: Hannah Gilchrist
Date: 03/07/2009

Finding financial backing for a new business can be tough in this market, but thanks to Angel’s Den entrepreneurs can get advice and find potential investors all in one evening.

Speedfunding is a bit like speed dating, just that instead of meeting a love match, it’s a business relationship that you’re after. Each budding entrepreneur pitches their business idea in three minutes followed by a one-minute Q & A, before moving on to the next investor.

And it works. From the original test event, out of 24 companies who attended, 16 struck lucky and are now in talks with angels they met on the night, with one business already striking a deal.

So if you’re looking for funding the next event takes place in Bristol on 16th June 2009, the first Speedfunding event outside of London.

For more information and how to register for the event visit AngelsDen.co.uk

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