InvestorQuest Final

The Saturday Yorkshire Post featured our Red Carpet Day where the 10 InvestorQuest finalists fought it out for a slice of the £1M of funding on offer. Whether they are successful in their quest only time will tell, but four walked away with £1K of consultancy support kindly donated by the event's sponsors Clarion solicitors (who hosted the event), Murgitroyd & Co, Mazars and Turnkey.

It was interesting reviewing the initial comments of the panel of investors. There concerns were less about how clever the technology was, but more about whether the IP was protectable, barriers to entry, routes to market, vertical market focus vs infrastructure play, return on investment, etc. Although each presenter was mentored prior to the event, only a minority had developed these aspects sufficiently to satisfy the investors appetite for business strategy, rather than technical detail.