Welcome to eSole. This is our first blog, of what we hope will be weekly updates. The goal of the blogs is to grow a community around eSole where we can have an open conversation about eSole. We will share feedback and updates with our community on the journey through start up to launch and beyond. We appreciate you support and ongoing interest in our project. We hope to have a mix of written and video posts as a way for you to meet the team and engage with our product.
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LIFE SCIENCE HUB & TECH SPARK MEET UP
Another week and more news from eSole.
Last week we attended 2 events - one in the Life Science Hub in Cardiff and a Tech-spark meet up in Bath.
The first event was very interesting and we had the chance to meet with a range of individuals from organisations such as the London Business Angels, Syndicate Room, Welsh government and Venture Capital. We gained information about a range of funding options from both the public and private sector.
eSole is currently is entering a number of competitions to help raise funds for our project. Recently we entered a competition hosted by the Nominate Trust, it will allow us to raise £15K-£50K. We see it is a great opportunity for us, to raise the funds we need. As part of the competition we created a video (linked below)..
The money we raise from the competition, if we are successful, will help us finalize the initial design phase and allow us to create a working prototype. The competition closed on the 14th of April, with successful companies being selected within 2 weeks. We have been informed by staff at the trust, that they take the best 8 entries from over 250 (normal entry volume) to go through to round two.
eSole recently entered Boost walesWales, a competition for companies specifically in the Life Science Sector. Boost offers a £50,000 prize pool made up of a cash prize and services. Boost offers a great chance for eSole to gain exposure in the Life Science Sector and raise much needed funds to help progress the company forwards.
For phase one we had to create a video entry for the project (link below) to display what benefit eSole would bring to Wales. The following phases require eSole to meet a number of requirements through presenting our business plan and answering a range of questions and submitting documents.