GazelleGrowth kick-started, Friday 29 June
(2.7.2007) Friday the 29 of June, seven fast moving Danish companies set off in the high profiled and well financed GazelleGrowth programme governed by Symbion Science Park.
GazelleGrowth is for fast-growing Danish companies with 5-100 employees and a turnover of more than DKK 2. mill.
Fast growing entrepreneurial companies is chosen upon capabilities. Each of which will receive business development services worth app. DKK. 1, 5 mill.
Over a 3-year period, 40 companies will benefit from the program.
The first seven companies are now ready to be kick-started, including two fast moving companies from the SEED capital portfolio.
Noise Limit and WatAgame
Noise Limit and WatAgame have proven their technological potential and is already engaged on global markets with potential to become international market leaders.
Through the program Noise Limit and WatAgame will receive extensive and individualized market research to investigate undiscovered opportunities and potentials in international markets.
The companies will face supervised time with customers, partners and influencers at right decision-making level through hands-on coaching by leading international experts including Dan Meiland, Egon Zehnder and Lesa Mitchell from Kauffman Foundation, US.
SEED Capital is part of a consortium led by Symbion that has received governmental funding of DKK 32 million aimed exclusively at helping high tech start up companies develop aggressive growth plans.
The experienced team behind GazelleGrowth offers a significant diversity of skills and relations, enabling a strong forefront in a break through to US markets.
"The program allows us to bring some of these companies in direct dialogue with leading customers and potential international investors early on. This will ensure better product and strategic focus and teach the managers of high tech start ups what standards they need to meet to build a global company" - Ulla Brockenhuus-Schack, Managing Partner, SEED Capital.
Gazellegrowth is a cooperation between DTU Innovation, SEED Capital Denmark Vækstfonden, Symbion, Teknologisk Institut, , Inventure Capital, Forskerpark Århus and the private venture partner 1st Corporate Technologies.
Web:www.gazellegrowth.com
Read relevant article in Børsen: "Første vækstgazeller klar til USA"
For further information about Gazellegrowth, please contact
Peter Torstensen, Managing Director, Symbion Science Park
Pto@symbion.dk
For further information about Watagame or Noiselimit, please contact
Lars Andersen, Partner
la@seedcapital.dk
Phone: +45 45256153
(published 2 July, 2007)