Engine Shed has announced a new Investor-in-Residence service delivered in partnership with Deepbridge Capital and Accelerated Digital Ventures. The service will go live on 22nd May 2017 with bookings managed online via the Engine Shed website.
The Investor-in-Residence service will provide non-obligatory consultations and companies will get feedback on their pitch as well as advice on where they can find the right type of investment.
Engine Shed launched the Investor-in-Residence service because raising finance, and getting early, safe feedback, is an important part of the Scale Up Ecosystem initiative that the organisation is working to strengthen.
As investor-in-residence at the Engine Shed, Deepbridge hopes to be an integral part of the Bristol entrepreneurial ecosystem. By providing feedback and guidance to innovative companies, Deepbridge hopes to provide practical advice as well as potentially finding tech and life sciences innovation that meet our investment criteria to join our portfolio of funded companies.
Commenting on the development, Engine Shed Director Nick Sturge said: “We are delighted to launch this new service for businesses in Bristol and Bath. Talking with those who use our facility, the need for balanced, straight guidance about investment is critical to businesses whether they are at start-up or scaling for growth stage.
“There is a wide range of investment opportunities in the marketplace and often businesses aren’t sure what they need, when and who to choose. Deepbridge and ADV are able to provide such expert advice and we know that this service will prove to be popular.”
Simon Tutton of Deepbridge commented: “We are delighted to now have our first formal footprint in the South West at the leading home for tech in the region, the Engine Shed. The South West, and Bristol in particular, is not only a hub for innovation but is also home to a rapidly growing community of financial advisers.”