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Six companies will give 10-minute presentations to an audience of around120 venture capitalists, angel investors and high-net-worth individuals, andan additional fourteen will participate in a half-day exhibition. The eventis run by the SETsquared Partnership, which brings together the resources ofthe Universities of Bath, Bristol, Southampton and Surrey to supportearly-stage technology businesses. Companies that have participated in thepast four years have raised 75 million GBP in investment. Capsant, Gnodal,HeliSwirl, Null Hypothesis, SoftwareMining and Xintronix -- the companiesmaking presentations at this year's event -- are seeking some 15 million GBPto fund their product development and business expansion.
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Capsant is developing a technology for creating human "micro organs" fordrug testing derived from stem cells. Gnodal is promising an order ofmagnitude improvement in high-speed network performance for data centres.HeliSwirl's "Slugbuster" offers to change the economics and environmentalfootprint of offshore oil and gas production. The online "Journal of UnlikelyScience" is the fast-growing brainchild of Null Hypothesis. SoftwareMiningaims to defuse the time bomb created by 200 billion lines of obsolete COBOLcomputer code, much of it in Fortune 500 companies, and Xintronix isdeveloping semiconductor chip technology that will make computer USB ports runmore than 10X faster than they do today.
Professor Philip Nelson, Deputy Vice Chancellor of the University ofSouthampton, will host the SETsquared Partnership Showcase 2008 and the guestspeaker is Steve Purdham, founder and ex-CEO of SurfControl and CEO andFounder Investor of We7 Ltd.
Simon Bond, Centre Director for SETsquared at the University of Bath,commented: "For any potential investor in the UK's innovation economy this isthe event of the year. Nowhere else will they find such a breadth oftechnology breakthroughs presented in a brief, clear and concise way by theindividuals that will drive these success stories of the future. The twentybusinesses represented are R&D intensive, scalable businesses based on Britishtechnical intellectual property that addresses global market opportunities."
About the SETsquared Business Acceleration Centres
The SETsquared Business Acceleration Centres support early-stage,technology, high-growth potential ventures both from within and outside theuniversities of Bath, Bristol, Southampton and Surrey to accelerate theirbusinesses. Each Centre provides business mentoring to entrepreneurs andbusiness professionals, and office space. Participants have access to450-seasoned technology entrepreneurs, investors and support professionals.
Over the last 3 years, companies supported by the centres have raised over120m GBP and created over 1000 jobs. Over 100 businesses have "graduated"from the centres, typically after 18 months to 3 years, and with expendedservices now over 100 are currently being supported within the Partnership.
This release was issued through eReleases(TM). For more information,visit http://www.ereleases.com.http://www.setsquared.co.uk http://www.setsquaredpartnership.co.uk Further information: Simon Bond, Centre Director, SETsquared Partnership, University of Bath: Email: [email protected] Telephone: +44 (0)1225 388682 Karen Brooks, Programme Director, SETsquared Partnership: Email: [email protected] Telephone: +44 (0)7810 805406 PR agency contact: Bob Jones, TechnoPR: Email: [email protected] Telephone: +44 (0)7595 218754
SOURCE SETsquared Business Acceleration Centres
