Entrepreneurs in the East of England are being urged to enter running the gauntlet 2006 sooner rather than later for a chance to win a place on the prestigious Centre for Entrepreneurial Learning (CfEL) Summer School and fast track their business idea to commercial success.
Running the gauntlet is the East of England Development Agency's (EEDA) exciting competition with up to £1m of investment funding on offer from CREATE, a leading investor in East of England businesses. Quick off the mark entrants for running the gauntlet 2006 who register AND submit their entry by 4 June 2006, could be in line for one of 5 places worth £1000 each. To find out more about the CfEL summer school click here
EEDA's running the gauntlet, in partnership with CREATE and Library House, follows last year's pioneering competition that led to 3 companies securing a slice of £1 million from CREATE. New for running the gauntlet 2006 is a more comprehensive range of learning opportunities in addition to the summer school opportunity. £250,000 worth of in-kind services is available from our sponsors: Bailey Fisher - Executive Search, Grant Thornton, HSBC, Mudhut Communication, Scientific Generics, Taylor Vinters and The Commercialisation Company. These services will be delivered via a combination of one-to-one clinics and first come first served master classes for all entrants with additional in-kind services for short listed and winning companies. To find out more about what's on offer from our sponsors, click here
A shortlist of 50 companies will be chosen to pitch to the panel of investors chaired jointly by Doug Richard of Library House and BBC2's Dragons' Den and Boyd Mulvey, Chief Executive of CREATE. This is an invaluable opportunity to get feedback straight from the horse's mouth whilst also pitching 'for real' to a range of investors. Last year, a number of investors chose to co-invest alongside CREATE. Ten of the 50 companies will be identified to pursue discussions with CREATE and other investors subject to interest and the winners will be announced at EEDA's business event on 14 November 2006.
The entry deadline is midnight on 10 September 2006 and the clock is ticking, so log onto www.runningthegauntlet.com