Call for Applications Stepping Up with Equity Capital Raising



Alchemy Innovation Development, in association with the NSW Department of State and Regional Development (DSRD), announces a 'sCall for Applications's to the Stepping Up Advanced - Equity Capital Raising program.

Companies can utilise the DSRD support of $7,500, toward the costs of an equity capital raising, up to $5,000,000 to expand their business. It'ss a program that we feel many businesses would benefit from given the current economic situation, says Managing Director of Alchemy Innovation Development Mr. Dan Liszka.

Each participant will receive 20 hours per stage (3 in total), of mentoring which will include planning, structuring and executing an equity capital raising strategy through the Australian Small Scale Offerings Board (www.assob.com.au). The program will include:

>    preparing the business for an equity capital raising;

>    structuring the offer so that it is compliant with the Corporations Act 2001;

>    structuring the offer so that it rewards early stage investors;

>    moving to a public company structure; recruiting a public company board,

>    preparing 's38; marketing a class order compliant offer document and

>    opening an offer and listing on the Australian Small Scale Offerings Board.

The criteria for selection includes having a company turn-over of more than $200k, more than 1 employee, a business plan including financial projections and being in operation for 2 or more years. The program is run over 3 stages, with each stage subject to approval by DSRD. Payments will be subject to reaching milestone targets.

Ken Thaine of World Wide Wizard participated in the 2008 Stepping Up Advanced Equity Capital Raising Program comments, The 'sStepping Up's process that we have been through has been logical, thought-provoking and absolutely necessary. Quite frankly I can honestly say if we were not part of the Stepping Up program, we would have never been close to commercialising our product.

To apply to the Stepping Up Advanced - Equity Raising Program Metropolitan and NSW Regional programs contact admin at alchemyequities dot com dot au, phone 02 82336170 or visit www.alchemyequities.com.au.

An information evening session will be held at NSW DSRD, Level 47, MLC Centre on Wednesday 28 January, 2009 at 5.30pm. Register your attendance via email address above.

For further information or interview opportunities please contact:

Kate Ingham

Alchemy Innovation Development

P: 02 9904 5624

M: 0414 321641

E: kingham at alchemyequities dot com dot au

NSW Department of State and Regional Development:

The Department of State and Regional Development is the NSW Government'ss business development agency. DSRD works with business to strengthen the global competitiveness of NSW, promote investment and job creation and build business capability.

www.smallbiz.nsw.gov.au

The Australian Small Scale Offerings Board Limited:

The Australian Small Scale Offerings Board (ASSOB) provides a platform to assist unlisted companies to raise capital through the origination, aggregation and sale of their securities. ASSOB utilises the fund-raising provisions of the Corporations Act, 2001 and accords its exemptive relief under Class Order 02/273 of Section 708 to companies listed on the Board, allowing them to bring their investment opportunity to the attention of interested investors. www.assob.com.au

Alchemy Innovation Development:

Alchemy Innovation Development Pty Ltd is an Innovation Services firm that assists corporate and private innovators evaluate, develop and commercialize early stage products, services and technologies. www.alchemyequities.com.au





Call for Applications Stepping Up with Equity Capital Raising