NESTA making new waves

The arch pattern.Image via WikipediaNESTA is making a break from the past and there is an excellent video at the FT Enterprise site. The FT site is “old fashioned” and just provides a URL and not an embedded video link as you would find on YouTube. There are other interviews by leading entrepreneurs, none from the Cambridge Cluster but all with a good story to tell.

Jonathen Kestenbaum was recruited as CEO of NESTA to shake it all up and get away from funding small start-ups which were not innovative. Now it is about funding larger deals where the NESTA funds make a difference. Kestenbaum sold the family silver (well, the family firm) so he has experience in building and selling a business and the inclination to make a difference.

NESTA are funding a research project with Equity Fingerprint to see if equity funding does make a difference.

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