Wriggle, the Bristol-based app which alerts customers to last-minute offers at local bars and restaurants, has landed the top award at the annual SETsquared Innovation Showcase in the city.
The firm, based at Bristol SETsquared in the Engine Shed innovation hub Temple Meads – where the innovation showcase was staged – beat seven other SETsquared businesses taking part in a 60-second ‘elevator pitch’ to promote their businesses to the 170-strong audience.
Wriggle is a mobile-app that offers on-the-day opportunities for eating, drinking and going out. It works solely with independent businesses to help them reach a wider audience.
Founder Rob Hall used his one-minute to explain how his new mobile app connects local businesses to customers, allowing them to fill empty seats.
The app launched in May and has had more than 2,000 downloads through word of mouth, bringing 700-plus new customers to independent restaurants and bars in the city.
is now crowdfunding £130,000 on Seedrs to finance expansion across the UK and into new sectors.
Other pitches included a business which is using technology to prevent buses hitting cyclists, a new social network to connect community projects with companies who want to make a difference, and a new electronics project which helps support older people to live independently in their own home.
The audience, who voted for the best pitch, was made up of angel investors, representatives of grant-funding and venture capital communities in London and the South West, senior executives from major corporations and supporters and mentors of SETsquared.
A further five ventures that are supported by SETsquared Bath or Bristol exhibited their work at the event, including a lone working and fatigue management solution, to ensure the safety of people working alone, and a tool to accelerate online sales through multiple marketplaces.
The showcase coincided with a report from the Centre for Cities on UK clusters, highlighting SETsquared, Engine Shed and Bristol’s Watershed as major coordinating bodies in the cluster.
Bristol SETsquared director Nick Sturge said: “I have never been more excited by the prospects for the companies that we support today, nor for the economy here in Bristol and Bath that is truly buzzing.
“We took a break from the showcase last year due to our move so it’s great to be able to showcase SETsquared companies in our own home and we look forward to expanding the operation still further.”
University of Bristol registrar Robin Gellar said: "The University is very proud of the work SETsquared does to support the development of the leading innovative technology companies in the city of Bristol. Tonight's event helps to showcase why our region is such a vibrant place for such companies to be formed and to grow."
Simon Gibson OBE, CEO of prominent global investor Wesley Clover Corporation, said: “There have never been greater opportunities in the technology market and the level of activity around SETsquared in Bristol and Bath is truly impressive.
“The entrepreneurs who pitched in the showcase demonstrate the considerable breadth of expertise and talent residing in the region. I look forward to seeing each of them progress and grow into successful companies."
Sponsored by Veale Wasbrough Vizards, Baker Tilly and the SW Microelectronics iNet, the showcase also provided an invaluable opportunity for the region’s high-tech, high-growth companies to network with potential investors.
Pictured, from let: Wriggle founder Rob Hall with Nathan Guest of Veale Wasbrough Vizards