‘Running the gauntlet' launches - twice the size in 2007

'Running the gauntlet’, the East of England Development Agency’s investment competition and business education programme, has now launched with up to £2m on offer for entrepreneurs with investable businesses in the East of England.

In the last two years nearly eight hundred businesses have used ‘running the gauntlet’ as the springboard for business development and investment.  Many have gone on to attract private equity running into millions of pounds - among them Camrivox, Compound Photonics and Short Fuze.

This year EEDA is partnering with four investors: CREATE, Low Carbon Accelerator, NW Brown Group and SEP. The investment panel will be chaired by Doug Richard of Library House.

Another change for this year is that much of the comprehensive education programme has been moved forward in the competition so that all entrants can benefit from more of the learning and networking opportunities. Early entrants can attend one of 3 investment readiness boot camps scheduled for Cambridge (14 June), Norwich (20 June) and Chelmsford (4 July).  The programme, which will involve ‘running the gauntlet’ investors and partners, will be structured around The Gauntlet to help strengthen the entrants’ submissions and improve their chances of success.

Over £250,000 of in-kind advice and guidance is available throughout the programme from some of the UK’s leading commercial organisations: Bailey Fisher Executive Search, Cambridge Marketing College, Grant Thornton,  Microsoft UK, Mudhut Communication, HSBC, Sagentia, Taylor Vinters  and The Commercialisation Company.

If you know anyone who you think could benefit from entering 'running the gauntlet', please forward this email to them.