Will it be regional?

Funny that the UK Regional Development Agencies are looking quite attractive as routes of funding these days as the rest of The City is crunch-constrained… I’m talking about NstarFinance, Viking Fund or Rising Stars.

These funds are still looking and investing on the basis of a good idea that might fly in their region – and, perhaps, are less harsh on the rigour of the execution piece. Counter-intuitive? Well, it’s funding…

Thanks to Mike Wheatley and Tarek Nseir for the thought here. (Incidentally, Tarek’s business Think is really consolidating as it moves from a heavy dependence on Northern Rock work to a wider spread of business – and the appointment of ad world veteran MT Rainey as chairman)

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