Previous Posts
- Networking Website Launched to Help Food & Drink Businesses
- Maxim Announces Latest Major Lettings Deal
- Scottish Hospitality Businesses Offered Funding Lifeline
- Chefs Stir Up Support for Anti-Hunger Campaign
- Caterer.com's Survey Reveals Hospitality Recruitment Trends
- Award-Winning Chef Opens New Seafood Restaurant
- Banchory Chef Wins Young Scottish Seafood Chef of the Year Award
- Blythswood Square Appoints Executive Head Chef
- Scottish Hotel Sector Remains Bouyant
Archives
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- February 2006
- January 2006
- December 2005
- November 2005
- October 2005
- September 2005
- August 2005
- July 2005
- June 2005
- May 2005
- April 2005
- March 2005
- February 2005
- January 2005
- December 2004
- November 2004
Scottish catering and hospitality news in Scotland
Catering in Scotland magazine is published bi-monthly with in-depth features, views and news for the Scottish catering, hospitality and tourism industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.
Tuesday, July 21, 2009
Scottish Hospitality Businesses Offered Funding Lifeline
Scottish hospitality businesses struggling to secure investment have been offered a lifeline after the re-launch of one of the country's top investment conferences promised to release between ?6 million and ?45 million in equity funding.The Connect Conference, which was saved from extinction six months ago by The GO Group, will now offer Scottish tech-venture companies the opportunity to raise millions in equity funding.
Enterprise Minister Jim Mather welcomed the development, saying: 'I welcome the prospect of Connect Scotland playing an important part in developing new and innovative hospitality firms in Scotland, and helping to deliver sustainable economic growth. I'm certain that Connect's activities will complement the comprehensive range of innovation and investment support which is already on offer in Scotland.'
Connect will provide business owners with the opportunity to pitch to potential investors. Chief Executive of the Glasgow-based GO Group, Isabell Majewsky, said: 'Connect is integral to the development and growth of Scotland's technology ventures, and our focus is to maintain a programme of support for companies and to help them to realise their true growth potential.'
In order to guarantee the future success of Connect Scotland, Majewsky insists that changes have been made to the previous model: 'By linking the Connect network across the UK we have created a synergy that will flourish in both Scotland and beyond.'
Since 1996 Connect has been instrumental in securing ?220 million in private equity, helping 165 companies to present their business propositions to potential financial backers. Connect works with all sectors of the technology-business community, from venture capitalists to corporate financiers, lawyers to patent attorneys and banks to universities.
