instrumentation
Long established. Recently very unprofitable, but with an excellent international reputation and new proprietary technology aimed at meeting an identified market need.
Result: a private investor introduced essential skills and high level business experience, becoming a non-executive director and introducing funding from a venture capital company. Barclays Bank advanced funds under the DTI's Loan Guarantee Scheme. Total capital raised: £850,000.
Shares now listed on London Stock Exchange.