FINAL Entries for MobiTechFest Europe 2010 Now Being Accepted

FINAL Entries for MobiTechFest Europe 2010 Now Being Accepted

• "Best of Show" winner will walk-away with a £15,000 prize to exhibit at the International CTIA Wireless® 2011
• 75% of presenting companies go on to receiving funding
• Deadline for submissions: 27th October 2010

Applications for MobiTechFest Europe 2010, where 16 start-up companies in the mobile sector present their business concept to high-profile potential investors across Europe and win a prize worth over £15,000, are now open.

The event, taking place at, 10 Queen Street Place, London on 24 November 2010, offers mobile industry innovators the unique opportunity to pitch for funding to industry leaders in the mobile and wireless industries. Up to 16 companies will be selected to showcase their business concepts to a distinguished audience of corporate and venture investors, industry analysts and executives from leading mobile and wireless organisations.

A prize worth more than £15,000 will also be awarded to the ‘Best In Show’ selected by the investor judges. The prize includes a VIP event, exhibit and marketing package for the world-leading International CTIA Wireless® 2011 show, taking place in Las Vegas in March 2011. CTIA Wireless® is widely regarded as the largest and most comprehensive trade show in the wireless industry and is a must-attend event for companies looking to succeed in the sector.

The winner will be selected by a panel of judges, comprising leading corporate and venture investors.

“MobiTechFest celebrates the very best innovations in mobile technology and often provides that ‘once-in-a-lifetime’ break that everybody is looking for,” said Gopan Madathil, President of Investorfest Media. “Moreover, this event provides an unrivalled opportunity to network with top investors from all across Europe, which is why we encourage entrepreneurs to attend, even if they’re not presenting.”

75% of presenting companies have gone on to receive funding, with over $250 million being raised since 2006.

MoBank is an expert in designing, deploying, integrating and making relevant consumer-facing services for mobile commerce and mobile banking on smartphones. The company presented at last year’s MobiTechFest and as a result, obtained the funding to launch its mobile commerce platform.

Ben Carswell, co-founder at MoBank, said: “We had everything apart from the funding to get our idea flying off the shelves. MobiTechFest gave us the platform to secure backing and sales immediately followed. Since May 2009, we’ve signed up Next, Waterstone’s and the Ministry of Justice.

“We released the Waterstone's application for the iPhone and iPad last month, making Waterstone's the first high street bookseller to join this exciting part of the market. Available from Waterstones.com/apps and the iTunes App store and linked to customers' Waterstones.com accounts, the app allows users to browse and place orders via Waterstones.com, as well as to find stores and read reviews, and pre-order titles.”

Comufy is another leading edge company that participated in last year’s MobiTechFest. It offers professional social media and instant messaging marketing tools to help businesses directly target relevant customers. It takes the idea of email marketing to the next level.

“MobiTechFest is about more than just investment,” said Philipp Mohr, CEO and co-founder at Comufy. “It is about discovering what gets potential investors hot under the collar and understanding exactly what they are looking for. The scrutiny our business plan received was invaluable and it dramatically affected the development of our company. The new contacts we made also provided us with a crucial support network for advice.”

Produced in association with UK Trade & Investment and SJ Berwin, the one day conference is being run by Investorfest Media, a leading producer of early stage venture conferences focused on the mobile/wireless and life sciences industries. Areas of particular focus will include mHealth, mobile infrastructure, platforms and user experience, content and infotainment, commerce, location based services, wireless sensors and enterprise.

Attendees will include corporate and venture investors, industry analysts and executives from leading mobile and wireless companies. A partial list of investors include partners from: 360 Capital Partners, Axon Capital, Balderton Capital, Delta Partners, DN Capital, Early Bird Venture Capital, Eagle Venture Capital, Highland Capital Partners, Iris Capital Management, Index Ventures, Kennet Partners, London Business Angels, Nexit Ventures, TL Com Venture Capital, T-Ventures, Vodafone Ventures and Wellington Partners.

Companies can apply to present at MobiTechFest Europe 2010 online at www.mobitechfest.eu. Submissions close on Friday 27 October 2010. For a full list of deadlines, entry criteria and further details, please visit www.mobitechfest.eu.

About Investorfest Media and MobiTechFest Europe

Investorfest media is the leading VC funding accelerator working in the mobile space. Through our highly focused training and hands on support, qualified companies are put in front of specially chosen investors at our annual conference series. To date over 75% of presenting companies have gone on to receive funding, with over $250 million being raised since 2006. For more information, please visit www.investorfest.com.

McGrory Communications
Geraldine McGrory or Louise Ray-Smith, +44-7870-657531