Media Release: Angels to meet innovators for mutual benefit

AN opportunity for entrepreneurs to share ideas with potential investors, is being organised in Inverness by the Scottish Council for Development and Industry (SCDI) together with Highlands and Islands Enterprise (HIE).

An ‘influencers’ dinner being held at the Marriott Hotel tomorrow (Thursday, November 8) will be packed to capacity with some of the Highlands and Islands’ leading innovators, together with representatives of Highland Venture Capital (HVC) a 20-strong group of business angels.

Innovators and the investors will be urged to develop mutually beneficial relationships by Iain Scott, chair of HVC, and Peter Shakeshaft, chair of LINC Scotland, the umbrella organisation for the Scottish business angel network.

Sandy Cumming, chief executive of HIE, said: “We are delighted to be playing a role in developing relationships which release business potential. There is no shortage of good ideas or technological expertise in this region, while business angels provide two vital components for success – funding and confidence. We hope that by promoting events such as this, entrepreneurial ideas will find the right support to succeed in the Highlands and Islands.”

Mr Shakeshaft explained: “Raising funds to start up a new business has never been easy, but catching the eye of a business angel can catapult clever ideas into commercial success.

“The good news is that Scotland is punching above its weight, accounting for over 25 per cent of the total angel investment in the UK.”

MEDIA RELEASE posted by Highlands and Islands Enterprise. You too can post a media release (aka a press release) on allmediascotland.com. For more information, email here.

Contact: Caroline Rham
Phone: 01463 244244
Email: caroline.rham@hient.co.uk
Website: http://www.hie.co.uk