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Tuesday, August 01, 2006
NEWS: TEChINVEST 'DEVELOPS' CORE TEAM WITH NEW APPOINTMENT

PR256

26 July 2006

TEChINVEST 'DEVELOPS' CORE TEAM WITH NEW APPOINTMENT

The region's leading equity advisory service, TEChINVEST, is to expand its core team with the appointment of Gary Pennington to the position of Business Finance Development Manager. Based at the Northwest Regional Development Agency (NWDA) headquarters in Warrington, the service advises North West companies and budding entrepreneurs on appropriate sources of finance available to help realise their growth potential.

Gary joins the team from Manchester's Inward Investment Agency (MIDAS) where he was Northwest Business Club Membership, Web and Data Manager. Previously, Gary spent over 20 years in a directorial role at Fliteline Events, Manchester.

Commenting on the appointment, Vivienne Upcott-Gill, TEChINVEST's founder, said: "I am sure that Gary' s vast experience and professionalism will make him a valuable addition to the team. With such a broad range of seed, equity and venture capital funds available, as well as our thriving business angel network, we have an excellent track record in supporting investors and helping companies develop a viable business plan and an investment case which will be attractive to investors. Gary will help us to further strengthen and expand the service we offer and we are looking forward to working with him."

Speaking about his new position, Gary said: "I am delighted to be joining the UK's longest established and most successful equity advisory service. I look forward to being part of the team and to contributing to the service's continued success in the region."

TEChINVEST is one of the UK's longest established equity advisory and gateway services and is delivered under the auspices of the Northwest Regional Development Agency (NWDA). It has been actively involved across the Northwest region since the early '90s. Since its inception, it has helped local companies raise over £19m in direct finance and unlock a further £38m in indirect funding. For further information, please visit www.techinvest.org.

-ends-

Press information: Deborah Garritty at Bell Pottinger North
dgarritty@bellpottingernorth.co.uk
01625 506 444

 

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