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Important News from Bridge

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Since our inception, Bridge has created a growing network of start-ups, high growth businesses and investors, helping to nurture and promote sustainable entrepreneurship in the Isle of Man and add value to the economy by developing the entrepreneurial eco-system.

During this time, we have delivered 37 successful events, met with more than 220 entrepreneurs and developed a brand new angel network for the Island which includes more than 95 registered angel investors and many hundreds of start-up and scale-up businesses. We have also seen over £2m invested in local start and scale-up businesses and provided more than 450 hours of free business support and mentorship through its corporate sponsors and specialist consultants.

In spite of this success and Bridge being a fully solvent company employing two full time employees, regrettably, we have taken the decision to close our doors at the end of June this year, for a number of reasons.

Simon Nicholas, Chair of Bridge and partner at KPMG, one of the founding sponsors of Bridge, commented:

‘‘Three years ago, Bridge identified a gap between ‘having an idea’ and ‘making it a reality’ and we are privileged to have supported an array of emerging entrepreneurial talent, providing start and scale-up businesses with the crucial support they needed, to help them thrive and reach their full potential.

“We couldn’t have done this without the valued input from Katie Nicholson, Manager of Bridge who has been with us since day one, the support from Isle of Man Government and our corporate sponsors, all of whom are passionate about the part they play in enabling entrepreneurship and contributing to the Island’s economy. We’re incredibly proud of what we have achieved in a short space of time; however we also recognise that three years on, the environment has changed.

 

Read more here

 

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