South West Start-ups get on the “FASTrack”
Early stage, technology-based start-ups in the South West are once again set to receive a major boost following the launch of this year’s FASTrack2 programme by Silicon South West. Supported by the South West Regional Development Agency (SWRDA), FASTrack2 will this year accelerate six high-growth potential companies by introducing customer contacts early on in their development, along with mentoring and networking tailored specifically to their needs.
FASTrack2’s Dave Richards said: “Technology start-ups are special. They’re born global and offer phenomenal growth potential; however they also require tremendous up-front investment. FASTrack2 will provide a tailored programme of assistance that will boost their opportunity for growth and success.”
This year’s FASTrack2 programme has selected six companies who are in the following areas:
- A Bath University spin-out - Medical Electronics sensor
- Lobster Pictures - Photography
- NanoGaN . Gallium Nitride semiconductor wafers A Bath University spin-out . Fibre Optics sensors/materials
- Sidonis - Network management software
- The Mountain Trike Company - Off road wheelchair for the disabled
The FASTrack2 programme will be delivered with the resources of SETsquared, the partnership of the Universities of Bath, Bristol, Southampton and Surrey, UK Trade and Investment and SWRDA.
Nick Weiner, CEO of Xintronix, a participant in last year’s FASTrack programme said: “The support provided by FASTrack has been highly relevant and worthwhile for Xintronix. The programme provided an intensive focus on strategy and we now have a comprehensive business plan in place that will enable the company to move forward and fulfill its potential in the global electronics market.”
