Thursday, 10 January 2008
Working with UK Trade and Investment
Pingar is recognised by the UK T&I Global Entrepreneur Program as a 'Technology of Enormous Potential'.
I had a meeting with them this morning.
The Global Entrepreneur Programme (GEP) was set up in 2003 by UK Trade & Investment. Their aim is to create high profit sustainable global companies from pioneering start-ups, using the UK as a strategic base for international expansion. GEP is essentially a business accelerator. So the meeting this morning had important long-term objectives for Pingar.
Most start-ups - and Pingar is most certainly one - do not perhaps engage enough with government and non-private sector organisations. Perhaps it is the inherent distrust many entrepreneurs have for all things 'government'. I cannot however think of a more appropriate way for a start-up to engage - particularly when entering a new offshore market.
Most inward-investment organisations want their own investment to provide a decent ROI. Helping their clients to succeed is the best and most effective way of ensuring this.
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