HUB News: FSE PoCKeTs award
The PoCKeT Fund, managed by Finance South East (FSE) has received the prestigious British Business Angel Association (BBAA) award for ‘most exciting new entrant to the market’
Since its inception the PoCKeT Fund, financed by SEEDA, has made a unique contribution to the early stage investment marketplace. Thirty six companies have been awarded PoCKeT funding, totalling £1.24 million for the development of innovative ideas.
Seven new companies have been incorporated as a result of receiving funds. These span a range of industries from novel sporting products to the latest environmental technologies. Finance South East is developing a pipeline of innovative ventures for later stage financiers and by March 2008 the Fund aims to complete investments in a further 23 early stage companies.
Finance South East’s CEO, Sally Goodsell said, “I am delighted that Finance South East has received this accolade from the BBAA for the novelty of the PoCKeT Fund. This award is a fitting recognition of the role that FSE has been playing in providing finance for the most exciting pre-market ideas.”
Finance South East is backed by the South East England Development Agency (SEEDA) and offers a unique service to SMEs in the region through specialist advice and access to funding
Author: Sally Goodsell
Created Date: 17-12-2007
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