Under embargo until: 12.01am 15th October, 2012
Creative England, Ingenious Media and Pembridge announce the launch today of Collider12, an accelerator programme to support early stage businesses that are developing technologies and products to help brands engage with their consumers.
Creative England is backing the programme with £500k in loan capital secured from the Regional Growth Fund. The businesses will match this with £500k of equity investment raised from private sources. Pembridge will provide coaching and mentoring support to those accepted onto the programme. Pembridge and Ingenious are both investors in the programme.
MICHAEL FALLON, Business and Enterprise Minister said: “The Regional Growth Fund is playing a pivotal role in supporting programmes such as Collider12 to give small business the chance to exploit new opportunities in the creative and technology sectors. This will help business link with experienced leaders to...