Businesses invited to find finance ‘gold’
Speakers at the event Ian Coulter from CBI/Tughans (L) and Gavin Hood from Deloitte (R) pictured with Frank Bryan, Chief Executive of QUBIS
Business leaders across Northern Ireland were given an insight into some of the alternative funding options available to local companies at an event at Queen’s.
Organised by the University’s venture spin-out company, QUBIS Ltd, and the Chief Executive’s Club, the ‘Why settle for Bronze, when the Gold is out there?’ event allowed business leaders to learn from funding specialists, and each other, about the range of options currently available to fund business growth strategy.
As well as hearing about alternative sources of capital, including private equity, venture capital, and listing on the public markets, attendees also heard from experienced business leaders who have successfully led their own companies in overcoming funding challenges to realise their ambitions for growth.
Frank Bryan, Chief Executive of QUBIS Ltd, said: “Since its creation, QUBIS has leveraged some £68.5 million from external investors, and Queen’s remains one of the top universities in the UK for the level of revenue generated by its spin-out companies. We know there are some great companies in Northern Ireland being held back from reaching their potential simply because of the lack of readily available finance, and so Queen’s wants to do all it can to facilitate an exchange of experience and expertise from across the business community.
“We hope this event will fuel the debate on the funding options that are essential to business growth, and generate fresh ideas on how to access finance and boost the bottom line.”
Speakers at the event included Gerard Lane from Shore Capital Stockbrokers, who gave an insight into the opportunities available through listed equity capital and corporate bonds, and Michael Black, Chief Financial Officer of Aepona Holdings Ltd, a Belfast company and global market leader in monetizing cloud and network services.