Social networking site seeks funds overseas
1 September 2008
Social networking site UnLtdWorld has taken part in a virtual networking event based in New York, to seek overseas investment.
The website was one of 21 UK companies chosen to participate in Digital Mission 2008, a programme of meetings, networking events and seminars designed to help UK businesses expand into the US.
The UnLtdWorld website has been running for seven months as a social networking site which connects thousands of charities and social entrepreneurs.
Since its launch in March, the company has been a finalist in the New Statesman New Media Awards and a runner-up in Startup 2.0.
The company is now seeking funds from overseas investors for further expansion.
It was selected to take part in the mission by media networking website Chinwag, which organised the event with the help of UK Trade and Investment (UKTI).
UnLtdWorld, along with Digital Mission's other partners were given the chance to forge business contacts and new relationships, to help market and pitch their services in a global forum over five days, from 14-19 September.
Chinwag chief executive, Sam Michel said that the website's involvement in the mission
demonstrates the strength of the digital sector in the UK. Chinwag will be working closely with our network of contacts and the UKTI team in London and New York to create opportunities for the mission companies to meet US partners, clients and investors,
he added.
