A dynamic team of successful entrepreneurs, experienced investors and former bankers has been helping companies in the region to raise over £4.3 million of business finance, absolutely free-of-charge.

Companies from Hertfordshire have the opportunity to take advantage of this support on Thursday 15 September 2011 when the ‘Understanding Finance for Business’ programme is hosted in Stansted or Tuesday 4 October 2011 when the team will be in Cambridge.

Delivered by St John’s Innovation Centre on behalf of EEDA, Understanding Finance for Business has already helped over 1,000 businesses across the East of England to secure the funding they need to grow, develop new products and conquer markets.
Of the £4.3 million raised with help from the Understanding Finance for Business programme, £3.2 million was equity funding, £900,000 was finance from the banks, with a further £200,000 coming from sources of grant funding.

With specialists covering all sectors, the programme offers a combination of workshops, one-to-one mentoring sessions and opportunities to practise pitches in front of a panel of experienced investors – all free of charge. Registrations for the Stansted and Cambridge workshops, and others elsewhere in the region, are now open at www.stjohns.co.uk/finance, but places are limited.
David Gill, Managing Director of St John’s Innovation Centre and a former corporate financier and investor at ET Capital, said:

“Most businesses need funding of some kind or another to survive and grow, particularly in their early years. Whether it’s a bank loan, a grant or a more substantial equity investment, the Understanding Finance for Business team draws on decades of experience. We de-mystify the options available by cutting through the jargon, provide hands-on support to help companies make themselves attractive to potential investors and, where possible, secure opportunities to pitch to business angels.
“Helping businesses in our region to raise over £4.3 million is true testament to the success of this programme. We look forward to helping many more entrepreneurs over the coming months to secure finance and unlock their potential.”

To find out more and register for the programme in Hatfield, visit www.stjohns.co.uk/finance or call Miranda Edwards on 01223 420252.