THE credit crunch has brought many problems for businesses, no more so than trying to raise money to keep them actually going. So what is the best route for trying to raise cash in the future? A special event at the Business and Technology Centre in Besse

THE credit crunch has brought many problems for businesses, no more so than trying to raise money to keep them actually going.

So what is the best route for trying to raise cash in the future?

A special event at the Business and Technology Centre in Bessemer Drive, Stevenage, on October 6 may offer advice and answers to companies wanting to raise money, especially from banks who have been reluctant to give loans after the crash crisis sparked the recession a year ago.

The event is being hosted by the East of England Development Agency and the whole workshop is free to help small and medium sized businesses find the most appropriate way of external funding.

Understanding Finance for Business is a programme delivered by a team of professionals from St John's Innovation Centre, a globally renowned business incubator, which has a wealth of experience in working with entrepreneurs and the investment community.

The first half day workshop de-mystifies the current financial landscape where those who attend the workshop will learn about:

* various types of grants available;

* government loans;

* various types of bank and debt finance;

* business angels and venture capital.

The Business Technology Centre also offers ideas and help to pre start-up companies and those looking to grow, even during the recession.

Greg Thomas is the innovation manager at the Business and Technology Centre and can work at all levels with companies on a one-to-one basis, hopefully steering companies in the right direction and where they want to go.

Mr Thomas will be available on the day to meet attendees to discuss their business needs and requirements.

If you need advice, he can be contacted on 01438 791004 or by emailing gregthomas@wenta.co.uk

Other Understanding Finance for Business conferences will be at the Business and Technology Centre next year, on March 11 and June 1.