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Insufficient funding forces early closure of Howell's start-up.(Brief Article)

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| June 06, 2003 | COPYRIGHT 2003 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Rupert Howell's fledgling consultancy, The Growth Organisation, has collapsed after failing to secure sufficient funding.

Howell cited poor market conditions and differing views on the proposed business model for the failure of the venture.

The consultancy had aimed to acquire companies and offer clients a range of services, from ideas generation to business strategy and ultimately advertising.

'We have not been able to find the funding we were looking for,' Howell said. 'The venture capitalists wanted to see value extracted from each individual deal but we wanted to see value extracted from the whole entity. Perhaps we were a year too early for the ...

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