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Bristol to host EISA summit as the South West sets the pace for levelling up

12 October 2022
The Business Magazine article image for: Bristol to host EISA summit as the South West sets the pace for levelling up

As the UK faces major economic challenges and looks towards new entrepreneurial businesses to help regenerate the economy, the Enterprise Investment Scheme Association (EISA) is highlighting the entrepreneurs and investors driving growth across the country.

The EISA is bringing together entrepreneurs, start-up and SME investors, wealth managers and business advisers in Bristol on the 13 October in a Ready Steady Grow Summit at Origin Workspace, 40 Berkeley Square where experts will share knowledge on funding opportunities for entrepreneurs and the latest developments including the changes to SEIS outlined in the Chancellor’s mini-budget..

Recently announced by the Chancellor is the commitment to extending the Enterprise Investment Scheme beyond the previous 2025 deadline, which gives crucial security to thousands of entrepreneurs looking to use the EIS to secure investment.

Key supporters and contributors at the event will include Tech South West, Velocity Capital, the British Business Bank, Deepbridge Capital, Downing, Mercia Asset Management, Newable, O2h Ventures, Kin Capital, Waterspring Ventures and Close Brothers Asset Management. The event will showcase Ferryx, the Bristol based university spin out Medtech company, itself a beneficiary of SEIS and EIS support in its growth journey, with an address from Dr Jenny Bailey, CEO of Ferryx.

Director General of the EISA Christiana Stewart-Lockhart commented, “Bristol is a growing centre for investment and entrepreneurship. Since 2018, £292 million has been invested into 1080 start-ups in the South West through the EIS and SEIS. We’re delighted to be celebrating these successes and shining a light on some of the amazing achievements of entrepreneurs based in the South West. This event will bring together small businesses, investors, financial advisors, entrepreneurs, and business advisers – all in one place to hear from leading entrepreneurs, and SME industry experts.”

The Enterprise Investment Scheme (EIS) and the Seed Scheme (SEIS), are recognised as extremely valuable in ensuring the UK has a thriving start up culture. The schemes help entrepreneurs secure crucial investment by attracting initial equity funding for growth businesses from private investors. Since the schemes were launched, over £27billion has been invested in more than 52,000 businesses.

The event will be held at Origin Workspace, 40 Berkeley Square, Bristol BS8 1HP on 13 October, starting with the technical seminar at 16:30, and followed by a networking reception at 17:30.

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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