New Competition Designed to Aid South West Startups and Entrepreneurs
If you're a company or individual seeking investment for your business project, then the time has never been better than right now. Pitchfest is an upcoming competition in the South West that could offer emerging business people the chance of a lifetime. Taking place on 18th October 2016 at Sandy Park, Exeter, Pitchfest will provide the chance to give business pitches to the some of the country's most successful investors, including Jenny Tooth, CEO of the UK Business Angels Association, as well as Darren Westlake, founder of Crowdcube, who said
"It ís hugely exciting to be involved in Pitchfest 2016 here in the South West and to hear from the innovators and entrepreneurs in the region who may just be developing the next big thing. I am very proud of our region and the talent and vision we have here and am looking forward to seeing the pitches."
The pitching competition is just one of many exciting events happening at the day-long Venturefest. It ís free to enter, simply requiring a submitted application form found here
. The winning pitch is said to receive a "package of business support and the opportunity to connect with investors" is undoubtedly helpful to an emerging start up or entrepreneur.
An occasion like Pitchfest isn't the only reason for SW small firms to be proud of where they are situated, as a new report from e-commerce giant eBay has stated that businesses outside of London are more likely to survive economic instability
. It suggested that businesses within the busy and populated capital were not necessarily at an advantage compared to those outside. Rich Preece, Europe VP and managing director of Intuit, discussed the recent findings by the research:
"Small businesses make up 99% of private businesses in the UK so their success is of huge importance to the UK economy. While the fact that survival rates differ throughout the country is not surprising, there are ways that any small business can increase their chance of succeeding, no matter the location."
Mr. Preece further mentioned that small businesses simply running out of money within the first three years was the most important reason for any firm collapsing. Yet, another strong reason for any business possibly failing is not making use of online searches. Having a business listed in several online directories is rapidly becoming the best way for prospective customers to discover them. To this end, it ís actually possible for businesses to check their own presence on the internet
with online tools, which will give feedback on how easy it is to be found on directories like Touch Local and Foursquare, among others.
On the whole, 2016 remains a lively time thatís full of potential for small businesses and entrepreneurs in the South West. We also do our bit here at Country Calling to give some SW businesses some love, so be sure to check out our list of top 10s, starting with the Top 10 Gastro Pubs.