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Diabetes testing technology developer Quotient Diagnostics has raised £800,000 from a syndicate of backers - including The Capital Fund, GEIF Ventures and NESTA - and will use the cash to develop its technologies through to commercialisation.

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Looking for a quick route to the stock market with a tidy sum of cash thrown in for good measure? Then why not take the cash shell route. There are 88 shells on AIM, with £77.1 million in cash between them - and most of it has to be spent in the next eight months.

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For companies eyeing flotation, perhaps the greatest headache is securing a team of advisers to guide you through the IPO process. Fortunately, the level of expertise available remains reassuringly high, as this year’s Growth Company Awards prove.

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Anti-competitive practices are damaging the UK's growing businesses and the Office of Fair Trading is calling for them to fight back.

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Phoenix Private Equity plans to put £14 million into demutualising the Pension Annuity Friendly Society ahead of an eventual share float or trade sale.

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Pivotal Laboratories, a Yorkshire-based business that conducts clinical trials for pharmaceutical and biotech firms, has completed a multi-million-pound management buyout with the aid of Northern Venture Managers (NVM).