Final cohort chosen for Investment Catalyst showdown
Innovative young companies from Cambridge, Norfolk and Suffolk have been chosen for the next stage of the East of England Investment Catalyst.
Cambridge trio 8Power, Ablatus Therapeutics and Herdsy are part of the final cohort for the inaugural Investment Catalyst programme, joining eight other firms from across East Anglia.
One of those firms – Glyconics – has its registered office in Norwich but research operations in Cambridge.
PDB Biotech, based in Thurston, flies the flag for Suffolk and Gould Barbers for King’s Lynn.
Five Norwich firms lead the parade – Aitrak, Developing Experts, Duco Life, SupaPass and Thyngs (Norwich).
They will all now receive coaching and advice to hone their propositions, before presenting them to a panel of expert judges at a special pitching day taking place in Cambridge on October 31.
Finalists will then be selected to pitch to an audience of investors and business leaders at an event being held at Rise London in November. The programme is designed to help businesses secure investment and make the connections they need to flourish and grow.
The Cambridge Norwich Tech Corridor, a non-profit economic growth initiative for East Anglia, has organised the Investment Catalyst, working with partners Anglia Capital Group, Barclays Eagle Labs, Invest East, New Anglia LEP, Price Bailey and Cambridge Wireless.
Linn Clabburn, programme director of the Cambridge Norwich Tech Corridor, said: “There were some fantastic applications for the East of England Investment Catalyst, so shortlisting was not an easy task.
“We believe these 11 companies embody the best the region’s business scene has to offer, and look forward to working with them over the coming weeks.”
The companies will be presenting their business ideas at the pitching day on October 31 at The Bradfield Centre, Cambridge which has been organised in partnership with Cambridge Wireless.
Anyone wishing to attend the pitching day, which starts at 1.30pm, can register in the events section of the Cambridge Wireless website.