Our November pitches
Here are the pitches made at the event...
Re-Cycled Sustainable Products
This Company offers brand owners, retailers and packaging manufacturers a solution to the problems created by plastic waste. It is developing a process to manufacture green, mono-material packaging containers using moulded fibre treated with bio-degradable coatings and is backed by strong IP. Significant developments have taken place since the first production scale prototype was made with the help of an EU grant in 2014. Proof of concept studies have been completed for soft drinks bottles and caps and the third generation production machine is in development. Management are seeking £500K to complete the development program and increase the marketing resource.
Ski Catering Convenience Food
This business set out to revolutionise the ski holiday eating experience by supplying top quality cuisine both to ski operators and the self-catering skiing community in the French Alps. They have exclusive distribution contracts with household names of frozen and ready-meals and are able to deliver daily to all major French resorts. The business is now scaling up rapidly and the Directors are seeking £500K to move to a larger HQ in France , expand their sales and delivery teams and commence manufacturing their own brand products.
Today, there is a growing market for top-quality confectionary products. The Company founders decided that they would take the chocolate bars they enjoyed as children and reimagine them for adults. The products are all hand-made with excellent ingredients, thereby creating a range of impulse chocolate products that are more suited to the refined adult palate. In revenue since 2011, turnover is now circa of £1.9M and the products have attracted several blue chip customers as well as a growing export portfolio. The Company has now reached full capacity at its current production unit and needs to move to larger premises to cope with the increased manufacturing volume. The founders are seeking £900K to establish the new site and install new plant and equipment.
This company presented their technology which uses AI and Machine Learning to assist in a broad range of customer requests in the restaurant industry, giving guests an instant answer to questions they may have about their visit.
Wellbeing Solutions for Communities
This Company aims to make physical activity a way of life through expertly delivered, measurable campaigns, with long-term community benefits. Being active not only improves a person’s health and well-being, it also saves public money and improves our environment. With inactivity being the fourth leading cause of death globally, according to current WHO statistics, there is considerable scope for the Co to scale up its operations, both nationally and internationally. The management are now seeking to £250K to upgrade their IT systems in order to enhance the customer experience and build brand loyalty.
Saffery Champness Chartered Accountants discuss pitfalls and challenges of EIS
At our November 26th event, Ian Harlock-Smith and Mark Kilbey of Saffery Champness Chartered Accountants discussed some of the pitfalls/challenges they have experienced in relation to investors and businesses using the Enterprise Investment Scheme (“EIS”) and provided a recap of the changes that were made to EIS following the 2017 Autumn Budget.