Tie UK has finally announced the long awaited TiEger’s Den that would take place on 4th June 2007 at Manchester Business School. Sandy Chadha and Sanjay Vadera are ready to invest £400,000 in to 4 North West early stage companies that have been trading for over six months. Each competitor will be given 10 minutes for presentation, with the 250 expected audience given opportunity to question the entrepreneurs.
Raj Ruia (Alum of Manchester Business School), president of TiE in Manchester and Managing Director of the successful Bolton-based textiles firmRichard Haworth and Co, said: “As a mentoring organisation, the TiE network has a rich tradition of supporting exciting, embryonic businesses. An event such as this fits our ethos perfectly and enables us to work closely with some of the North West’s most exciting small firms. “We’re interested in hearing from all types of businesses, especially those that display a unique proposition and ambitions to grow quickly. “Our TiEger’s Den initiative provides a fantastic opportunity for businesses that have firstly proved that their concept works, and then explored all options in terms of start-up grants and financial assistance. Not only will the winners be able to access £100,000 of investment capital, they’ll receive first class business advice from KPMG and long-term support from a TiE member with a track record in running a successful business.”
The panel also includes North West area director of Lloyds TSB Corporate Markets, David Allanson, and KPMG’s Northern regional chairman, Malcolm Edge.