Technium OpTIC stages funding seminar

Technium OpTIC, an incubation centre providing accommodation for start-up businesses, has announced plans to hold a funding seminar and exhibition in collaboration with the London Stock Exchange.

The one day event, which is designed to provide a comprehensive introduction to the funding ladder from an equity perspective, is free to attend and will take place on 2ndDecember at Technium OpTIC’s headquarters in St Aspah, North Wales.

Aimed at stakeholders, chief executives, managing directors and finance directors, the seminar will provide useful and practical advice for companies considering stock market floatation or looking for a cash injection, as well as for businesses with private equity investment looking for an exit strategy.

In particular, the event will see a series of presentations covering the variety of funding options available during the lifecycle of a company, including angel investment, venture capital and the stock market. Craig Slater, former CEO of a number of private and public companies, will then present a case study using real life examples to examine various forms of finance in further detail.

Throughout the course of the day there will also be two panel discussions that will explore key issues facing growing companies and allow visitors to put individual questions to a panel of industry experts.

Commenting, Mark Fahy, Head of UK SMEs, London Stock Exchange, said: “This event provides an excellent opportunity for any ambitious business looking to raise funds to expand. Equity as an asset class as opposed to debt is the perfect type of finance for a business looking to grow, as it matches risk with reward. It is the means of accessing this capital that we will be discussing on the day.”

Dr Phillip Harris, CEO at OpTIC Glyndŵr, added: “The impact of the recession has meant that the challenges of accessing finance are now high on the agendas of many SMEs. This seminar is the perfect opportunity for these companies to obtain information and advice on raising funds to facilitate the growth of their business.”

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Images & captions:   Technium OpTIC.jpg: Growing businesses. Technium OpTIC has announced plans to stage a funding seminar. 

For more information on this story, contact Wayne Mohammed or Emma Macey at PRECISION on 0161 638 8718 or e-mail: wayne@precision-online.co.uk or emma@precision-online.co.uk

Notes to Editors:

Technium OpTIC is an incubation centre providing accommodation for start-up businesses emerging from either industry or academia. It is part of OpTIC Glyndŵr, the centre of excellence for the research and development of cutting-edge opto-electronics technology.

Established by Glyndŵr University, OpTIC Glyndŵr brings together academics conducting research into highly specialised areas of opto-electronics technology and businesses looking to develop that technology for commercial purposes. It has an exceptional reputation for designing, developing and manufacturing precision optical and opto-mechanical components thanks to expertise and capabilities covering:

• Precision polishing of complex or large substrates such as lenses and mirrors
• The development of micro-structured patterned drums using a unique drum diamond turning machine to replicate patterns/shapes/structures to tolerances and designs unparalleled in the world
• Photovoltaics using applied research, testing and manufacture through the exploitation of advanced thin film photovoltaic materials.
• Solar energy research thanks to its Centre for Solar Energy Research (CSER) which has a world-class reputation for researching novel photovoltaic materials and devices and which is also home to the Welsh Solar Car team.

Recent successes for OpTIC Glyndŵr’s include:

• Securing a €5m contract to provide 1.4m prototype hexagonal segments for the planned E-ELT – the European Extremely Large Telescope which, once constructed, will be the largest telescope in the world.
• Becoming the location for an £8m project to establish a Centre of Excellence for ultra-precision and structured surfaces
• The development, in conjunction with Balfour Beatty and Yorkshire Water, of advanced micro-camera/sensors for detecting leaks in mains water pipes

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