1. Connect InvoRed – Fast Tracking of Innovation through improved
Access to Investment
John Griffiths,
Director of Connect Midlands,
University of Warwick
IPEC Conference November 2009

2. Leading technology and growth network providing access to
finance, innovation, professionals, successful entrepreneurs.
Helps build route to market, management capability,
and commercialise innovation

3. Connect Across the Globe –37 Organisations
1986 San Diego, California
1996 United Kingdom
1998 Scandinavia
2004 The Baltics
2005+ The Rest of the World
Australia, South Korea, Denmark, Estonia, Finland, Germany, Jordan, Latvia, New Zealand, Northwest USA, Taiwan, Alabama USA, Japan, Illinois USA, Toronto Canada, Massachuesetts USA, Montreal Canada, New Mexico USA, California USA, Ontario Canada, UK (Midlands, Yorkshire, Scotland, London, South East).

4. Our aim - To increase the number of
investment deals by:
preparing investment-ready companies
holding investment and showcase events
building a network

5. £160m Connect Midlands Network investment raised by 250 companies
Science, Engineering & Technology Companies
Innovators & Entrepreneurs
Investors
Support Agencies
£160m
investment raised by
250 companies
Professional Service
Organisations
Corporate Partners
Consultants & Coaches

6. PRIME PARTNERS
BUSINESS PARTNERS
CORPORATE MEMBERS

7. The IR Value Chain STAGE 7: EXIT STAGE 6: GROWTH DEVELOPMENT CAPITAL
STAGE 5: CORPORATE FINANCE
STAGE 4: INVESTMENT
Showcasing
Links to investors
Web-streaming
INVESTMENT READINESS
STAGE 3: READINESS
Workshops
Assessment Panels
1:1 Consultancy –Green, Pathfinder
Build investment proposition & pitch
STAGE 2: DIAGNOSTICS
Grant, Debt, Equity, None ?
STAGE 1: AWARENESS
Investment options
STAGE OF BUSINESS DEVELOPMENT

8. Key areas for business development and “investability”

9. Connect InvoRed -Stages and Flow Through
Awareness Stage

10. Sustained Growth Early Growth Start-up Seed InvoRed Springboard
FUNDING STAGE
Pre-Start
Existence
Survival
Success
Take-off
Maturity
LIFE CYCLE STAGE
LIFE CYCLE STAGE
InvoRed
Supports SMEs to help them shape propositions and become investment-ready
Springboard
SMEs seeking up to £500k pitch to an audience of investors and support intermediaries
Roundtable
SMEs seeking early stage finance to present to target investors over an exclusive lunch or dinner
Investment Conference
SMEs seeking up to £5m to pitch to an audience of investors and intermediaries

11. Some Successes ! £2.8m since 2005 £1.04m since 2004 £88K since 2004
Monica Healthcare
£1.04m since 2004
£88K since 2004
FDAS
£4.72m since 2003
Prime Principle
£5m +
Haemostatix

12. Summary and Conclusions Connect Midlands and InvoRed
Worked with 1,500 SMEs,
Assisted 900 SMEs on investment readiness
Over 250 entrepreneurs raised £160m to commercialise innovations
Used by BIS to set national IR framework
Externally evaluated and validated
InvoRed can be used all over the world