Funding Options for North West Companies


2011-01-26 18:00
2011-01-26 21:00
Etc/GMT

Sponsored by:

Venue has been changed to HBJ Gateley Wareing
The event has been SOLD OUT for the second time

On 15th June 2010, the North West Development Agency (NWDA) announced the appointment of fund managers to manage its £185 million venture capital and loan fund. The NW fund became open for business seven months later, on the 15th of December 2010 allowing over £400 million (when match funding is added) to be invested as equity and debt finance over the next five years in the north west.

The event provides an opportunity to meet fund managers, understand the investment criteria of each fund represented and have an informal discussion before you formally apply for funding.

Furthermore, the event gives you an opportunity to rub shoulders with the tech entrepreneurial and investor community of the north west, and turn 2011 into a great year for deal making.

Fund under Management

£170 million (£15 million for later allocation) of the fund is distributed through following 6 fund managers:

+ Development Capital (£45m) YFM Private Equity
+ Business Loan (£35m) FW Capital Ltd
+ Venture Capital (£30m) Enterprise Ventures Ltd
+ Biomedical (£25m) Spark Impact Ltd
+ Energy & Environmental (£20m) CT Investment Partners LLP
+ Digital & Creative (£15m) AXM Venture Capital Ltd

Click on the thumbnail for more details

The £185m North West Fund  goes live

All funds will be represented on the day except FW Capital.



Speakers and Panelists

AndyLeach's picture

Andy Leach - CEO, The North West Fund - £185 million funds

Andy has 24 years experience in Venture and Development Capital and Private Equity investing. A chartered accountant by profession, Andy switched careers whilst in Australia, spending 6 years with a domestic Australian fund, Byvest. On returning to his North West roots in 1992, Andy joined the Manchester Office of 3i, covering a broad range of investment opportunities. From 2002 to 2004 he was with Montagu Private Equity, where he headed up Montagu Capital, a business targeting investments of a size below those focused on by the core MPE business and, in 2004, he joined the Manchester office of LDC. Whilst at LDC, Andy's had responsibility for the management of LDC's investment portfolio across the North and, in some instances, further afield

Paul Gower's picture

Paul Gower - YFM Private Equity - £45 million Development Capital

After graduating with a Masters Degree in Economics, Paul spent eight years at Burmah Castrol plc in a range of analytial, marketing and business development roles. Gaining a MBA after full time study at Manchester Business School, he worked within Pricewaterhouse Cooper's Business Regeneration Department prior to undertaking an interim General Manager position within the Halo Group. Paul joined YFM Venture Finance in November 2003 as an Investment Manager with the South Yorkshire Investment Fund. He has since moved to the Manchester office and works for YFM Private Equity.

RichardYoung's picture

Richard Young - EV Group - £30 million Venture Capital Fund

Prior to joining EV Group in 2010, Richard was Executive Director at Manchester Technology Fund (MTF). Previously, Richard was an Investment Director at 3i plc, a leading international venture capital business. In his 19 years as a venture capitalist he has invested in over 40 companies, which together have created shareholder value in excess of £600 million. Some of the well known startups include Telecity and Transitive.

AndrewCarruthers's picture

Andrew Carruthers - Managing Director, Spark Ventures - £25 million Biomedical Fund

In addition to managing the stakeholder relations of Spark Group, Andrew sits on the Board of a number of portfolio companies, including DEM, Antenova, Uniservity and Sift, leading SPARK’s active participation in the development of these companies. Over recent years he has led the sale of Footfall to Experian for £36m and the sale of Pricerunner to Valueclick for $36m. He was previously a Director of NewMedia Investors responsible for capital raising and corporate finance for a range of technology businesses including Lastminute.com. Prior to that he was involved in the operational management of technology and finance as a Director or Founder of online information, TV and digital distribution companies in the US and UK. Andrew qualified as a chartered accountant with KPMG. He was appointed to the Board of SPARK Ventures in 1999.

DavidSmithAXM's picture

David Smith - AXM Venture Capital - £15 million Digital & Creative Fund

David joined AXM Venture Capital in 2011, with 25 years experience in advising and investing in growth companies, and has specialised over that time in the TMT sector. He has worked in venture capital, stockbroking and corporate finance with companies including 3i and KPMG. He has supported many software, IT services, creative and media companies from early stage funding through to IPO or sale.

AdamWorkman's picture

Adam Workman - Partner, CTI Partners - £20 million Energy & Environmental Fund

Adam joined the Carbon Trust from 3i in 2002 and was a founding Partner of CTIP in 2006. He has over ten years experience in the energy and venture capital sector. His investments include CamSemi, Whitfield Solar, Marine Current Turbines and Intamac. Recently he co-authored the Carbon Trust’s report into investment trends the European Clean Energy Sector with New Energy Finance. Adam also sits on the European advisory panel for the Cleantech Group. He formerly worked with 3i and Shell Exploration. He has an MA in Natural Sciences and a Postgraduate diploma in Computer Science from Cambridge University.


Programme: 

18:00 - 18:30 Registration and networking
18:30 - 18:45 Techcelerate Update
18:45 - 18:55 Overview of North West Fund - Andy Leach (10 mins)
18:55 - 19:45 10 mins speeches by:
+ Paul Gower - Development Capital (£45m) YFM Private Equity
+ Richard Young - Venture Capital (£30m) Enterprise Ventures Ltd
+ Andrew Carruthers - Biomedical (£25m) Spark Impact Ltd
+ Adam Workman - Energy & Environmental (£20m) CT Investment Partners LLP
+ David Smith - Digital & Creative (£15m) AXM Venture Capital Ltd
19:45 - 20:00 Break
20:00 - 21:00 Panel Discussions

21:00 - Bar next door for networking

Fees: 

SOLD OUT for the second time. 80 registered

Membership Rates:

Personal Membership

+ Student: £100
+ Tech entrepreneur: £150
+ All others: £250

Technology Companies

< £250k in revenues: £250
< £500k in revenues: £350
< £1m in revenues: £500
> £1m in revenues: £750

Service Providers

< £250k in revenues: £350
< £500k in revenues: £500
< £1m in revenues: £750
> £1m in revenues: £1000

Investors

+ Business Angles: £250
+ Venture Capitalists: £500

Other

+ Networks: £500
+ Universities/Science Parks: £1500

Add VAT at prevailing rates


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