16 July 2013
In all my time in industry, the main thing we worried about was money. Whether we had enough, whether we could get any more, how much we had to spend to get more and so on. I got to musing about it all recently when the debate about a Green Investment Bank appeared and receded. What is the best financial support mechanism for a Government to use? In industry we used to worry about 3 main types of money. When I became a public servant, I have learnt that there are 2 other types. There may be more!
27 September 2009
Over the last few weeks, I have been involved in several meetings about start-ups, but last Tuesday I was pitched in at the deep end. I got to spend most of the day at Seedcamp. My visit was the idea of one of our new Governing Board members, Sara Murray. There are a few similar programmes around, but Seedcamp is now in its third year and has a good reputation. The basic idea is disarmingly simple. They have some money to help really early stage companies. There is pre-selection, but in the final week 22 companies take part in a process that involves a variety of forms of mentoring and then pitch for funds to develop their ideas. I would imagine it is actually quite difficult to put it all together so I was very impressed with the overall package that greeted me at UCL.