Cambridge Enterprise Conference Innovation Exchange launched


10-08-2005

The Cambridge Enterprise Conference is inviting entrepreneurs to sign up for the Innovation Exchange, a dedicated networking and exhibition forum for innovative businesses, and the first companies have already registered.

The Innovation Exchange will take place on Wednesday September 14.



The Cambridge Enterprise Conference, Create and the East of England Development Agency (EEDA) have also joined together to bring an extra benefit to companies entering the 'running the gauntlet' competition for entrepreneurs and businesses in the region. Ten 'running the gauntlet' entrants will be awarded free exhibition places if they are selected to attend the Innovation Exchange.



'Having been to previous Cambridge Enterprise Conferences, I know how the Innovation Exchange will benefit growing companies,' says Boyd Mulvey, CEO of Create. 'Running the gauntlet entrants can apply for one of ten free places at the Innovation Exchange and take advantage of a special discounted rate to attend the Conference itself.'



Companies who have entered the 'running the gauntlet' competition and who wish to apply for one of the special places should apply to the Innovation Exchange via the Cambridge Enterprise Conference website, www.cambridgeenterprise.co.uk.



'The Cambridge Enterprise Conference has run business plan competitions in the past,' explains David Cleevely, Conference Chairman, 'but this time we wanted to raise the visibility of all the exhibiting companies, not just the finalists, and the Innovation Exchange will do just that.'



The Innovation Exchange will feature companies at four different stages in the growth cycle - concept, early funded, growing and sector leader. It will start with the Founders Forum session, where exhibiting companies can grill established entrepreneurs and experts in a panel debate. Places at the Innovation Exchange are limited, to ensure that participants get maximum visibility and opportunity to meet Conference delegates.



'It's going to be a very select trade show for innovative companies,' says Cleevely. 'We are inviting a number of companies to take part, but are also happy to receive applications from businesses who feel they represent high-growth companies at their best.'



Innovation Exchange exhibitors will also be able to take advantage of a special ticket price if they wish to attend the full Conference, where they will be able to learn from speakers like Alistair Baker, head of MicroSoft in the UK, William Kendal, CEO of Green & Black's, and Warren East, CEO of ARM. For more information, visit the Cambridge Enterprise Conference website, www.cambridgeenterprise.co.uk.







The 7th Cambridge Enterprise Conference



The 7th Cambridge Enterprise Conference, 14-15 September 2005, is the latest in a series of ground-breaking events for everyone involved in growing innovative companies. Organised by some of the best-known names in technology and high-growth company development in Silicon Fen, the Cambridge Enterprise Conferences have challenged and informed more than 1000 delegates since the first event was held in 1997.



Speakers coming to CEC7 include Alistair Baker, Managing Director of MicroSoft Ltd and VP, MicroSoft EMEA, William Kendall, CEO of Green & Black's fair trade chocolate business, and Warren East, CEO of ARM. The programme will focus on innovation and new ways of doing things, from the technologies themselves to revolutionary business models and branding strategies that break the mould. CEC7 will take place in Churchill College, Cambridge, UK.



Cambridge Enterprise Conference delegates have found partners, board members, funding and companies to invest in. They have also learned from top entrepreneurs from around the world, including the founders and backers of major international companies, and debated how to develop policies that will ensure successful growth in the future.



www.cambridgeenterprise.co.uk







EEDA The East of England Development Agency (EEDA) is the driving force behind economic development in the six counties of the East of England: Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk. The vision for the East of England is to create a leading economy, founded on a world class knowledge base, creativity and enterprise to improve the quality of life for all who live and work here. For further information visit www.eeda.org.uk



The East of England as a leader in innovation * The East of England is home to more than a fifth of the world's Nobel Prize winners in medicine and chemistry * the region's companies secured more than 25 per cent of the UK's venture capital investments and more than 8 per cent of the total in Europe in the first half of 2004 * Cambridge is host to Europe's largest concentration of hi-tech firms and the centre of a dramatic development of entrepreneurial activity * Around 1,200 technology-based firms are located in the area, from young start-ups to giants like ARM and Microsoft * Initiatives such as Cambridge Science Park and St John's Innovation Centre are outstanding examples of the vibrancy of the Cambridge business community



CREATE The CREATE East of England Fund is a privately fund managed by Create Partners Ltd (CREATE). The CREATE East of England Fund specialises in making investments in new or existing small and medium-sized businesses (SME's) that can demonstrate significant growth potential and are either based, or conduct a significant part of their business, in the East of England. CREATE is actively seeking smaller sized businesses with high growth potential across the whole range of investment stages including start-up, early stage, development/ expansion and MBO/ MBI. The Fund will provide venture capital investments, of up to an initial 250,000 with follow-on investment of up to a further 250,000 available. Once invested in a business, the Fund is capable of investing further to avoid dilution up to a maximum of 2million in any one company.



The Fund may invest alongside private investors, Banks, or seed corn venture capital funds. The East of England region includes the following counties: Cambridgeshire, Bedfordshire, Hertfordshire, Essex, Suffolk and Norfolk.



CREATE is regulated by the Financial Services Authority.



For further information: ww.createpartners.com



Running the gauntlet The East of England Development Agency's exciting competition for entrepreneurs looking for investment funding gives business access to The Gauntlet, a new web-based service which tests businesses for their investment readiness. Companies based in the East of England could win a share of 1 million in investment funding from CREATE plus in-kind business services. All entrants receive feedback and the opportunity to test their business concepts before going face-to-face with 'real' investors.



For more information about running the gauntlet: www.runningthegauntlet.com



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For more information, please contact:



Kate Kirk Cambridge Enterprise Conference 01223 691347 pr@cambridgeenterprise.co.uk



Lucy Saunders, Natalie Bonney Mahseer Ltd 0207 434 2000 lucy.saunders@mahseer.co.uk

 

Cambridge Enterprise exists to help University of Cambridge inventors, innovators and entrepreneurs make their ideas and concepts more commercially successful for the benefit of society, the UK economy, the inventors and the University.

Cambridge Enterprise, University of Cambridge