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FASTtrack for early-stage technology companies
Early stage technology-based companies in the South West are set to receive a boost following the launch of a new programme called FASTtrack by Silicon South West. A pilot scheme, supported by UK Trade and Investment (UKTI) and the South West Regional Development Agency, has already accelerated these high-growth potential companies by introducing customer contacts early on in their development, along with mentoring and networking tailored specifically to their needs.
Technology-based start-ups are special - they are born into global markets and offer phenomenal growth potential. However, they also require tremendous up-front investment. FASTtrack provides a tailored programme of assistance that boosts their opportunity for growth and success.
Five companies have been selected for the FASTtrack One progamme:
- Art of Silicon
- Power Oasis
- Silicon Basis
- Systems4Silicon
- Xintronix
The FASTtrack programme is delivered with the resources of UKTI and the Business Acceleration Centres of SETsquared, the partnership of the Universities of Bath, Bristol, Southampton and Surrey. The programme has also been given a vote of confidence with the
association of investment group YFM, investment managers of the South West Ventures Fund and the Finance South West Growth Fund.
Nick Weiner, the founder of the FASTtrack company, Xintronix, said:
"We're delighted to join FASTtrack - it's a terrific initiative, providing an intense focus on strategy, customers and growth markets that will make a real difference at an early stage"
