Oct 28, 2011 0
Ashwoods competed to demonstrate their new technology business idea against businesses and entrepreneurs from across the UK for a place in the Innovation Showcase at Venturefest Bristol 2011. The successful business idea is a complete range of high performance, low cost EV and hybrid technologies.
|“We are delighted to have been selected for Venturefest and showcase alongside other innovative new technology businesses emerging in the South West.”Victoria Davison, Ashwoods – Innovation showcase winner|
The 43 winners, the majority of which are companies from the South West, will get coveted space in the Showcase and the opportunity to demonstrate their ideas to the Venturefest audience. In turn, the audience will be treated to a series of exciting, interactive displays of new products and services representing a cross section of the great new ideas emerging.
Ashwoods were chosen by a panel of investors, high growth business coaches and successful entrepreneurs, including the Innovation Showcase sponsors, Horatio Investments and Eden Ventures. They looked at the growth potential of the business idea, the level of innovation in the proposed product or service and crucially, investment readiness.
“The quality and quantity of applicants was high. The panel are confident that the Showcase will feature exciting new business ideas which will use Venturefest to grow their businesses. Some undoubtedly have the potential to become very significant technology businesses in the future.” remarked Richard Male, Plexus Technology Ventures, who chaired the selection panel.
|“Showcase will feature high quality business ideas aiming to use Venturefest to grow their businesses”Chair of the Innovation Showcase Panel|
Based in Exeter, Devon, Ashwoods’ guiding principles are to engineer systems that are robust, practical, designed for volume production and deliver excellent performance and value for money. Ashwoods is building on the success of its hybrid commercial vehicles with the launch of a complete range of high performance, low cost electric and hybrid vehicle technologies and system development.
Venturefest Bristol is a one day event, bringing together the business community to make new business ideas a reality. It is taking place at the Bristol & Bath Science Park on the 3rd November. Investors and business support providers will benefit from a close look at the innovative businesses in the showcase and in the audience. Delegate registration is open at: http://tinyurl.com/vfbreg.
A full list of innovation showcase winners can be found at: http://www.sciencecitybristol.com/pages/31-innovation-showcase