Epi-V to present landmark research

(14:25, Monday, 22 September, Room 605, 607, ATC2008, Denver)

Epi-V is set to present the findings of a landmark study into the challenges facing entrepreneurs in the oil and gas industry at The Society of Petroleum Engineers Annual Technical Conference and Exhibition (ATCE) in Denver.

Entitled ‘Rewarding and reducing risk: harnessing the potential of entrepreneurs in the oil & gas industry’, Epi-V’s paper examines the financial and industry mindset barriers which exist at either end of the research and development process for entrepreneurial businesses commercialising new technology.

Using a research model developed by Professor Shailendra Vyakarnam, research director, at the UK’s Cambridge Centre for Entrepreneurial Learning, it looks at the core business skills entrepreneurs require to secure adoption of their technology in a competitive market.

The research also examines the industry and compares the funding climate to comparative sectors where entrepreneurial innovation is crucial in order to build a valuable business which will ultimately attract potential acquirers of the company or its technology.

Findings will be presented by Epi-V partner Robert Preston at 14:25 on Monday, 22 September in Room 605, 607.

Robert said: “We’re focused on investing in entrepreneurial technology-based businesses which have the potential to achieve significant growth, but which require funding, business expertise and strategic guidance in order to do so.

“This research forms a key part of our ongoing strategy to promote understanding of what is required if entrepreneurs are to be successful in taking new technology from the drawing board to the market place.”

ENDS