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 The RBS ESSA has now launched across the UK. The ESSA is a new scheme - the 'Enterprising Student Societies Accreditation'.

Student societies across the country will now be able to get the recognition and reward they deserve for their enterprising activities. 

 Prove My Concept's new and improved website is now live!

www.provemyconcept.com

In other news:  The Prove My Concept team is off to New York next week to talk at the Mashable & United Nations Foundation Social Good Summit

 The first blog posts from Venture Catalyst are coming in - you can follow the start-up's journey here;

http://www.facebook.com/pages/Venture-Catalyst-Competition/186401824716357

 We were featured in killerstartups today - which was lovely suprise!

Check it out here;

Prove My Concept has been live for 3 days with 4 schools already signed up. We'll post some more information shortly, in the mean time visit the website and let us know what you think...

Wishing everyone a happy bank holiday!

We've been working hard as our 2 pubic FIG Seeds are about to become 5 public FIG Seeds in the coming month.

Whilst we can't tell you what they are, yet, or tell you about the 3 Seeds that are still going to be running under the radar we can give you an update on what's going on with Jess and Doug.

SpineStrength is going from strength to strength... wow... that was an awful pun. The second model has been built and sales have already begun. You can check out the machines at this year's Rugby Expo where they will be exhibiting in November!

GaBoom's growth has been explosive... ok, that pun was worse... but it really has! GaBoom has over a 1,000 members, with Thousands of games being added to wishlists and, more excitingly hundreds of swaps taking place!!! And Jess is getting a lot of praise for her work, she's been covered in the FT, the guardian, the BBC and various others. Here are some links if you are curious;

• BBC Click
• The FT
• Love money

Right, time for a deserved break,

We'll be back to let you know about our new companies and other exciting news very shortly.

All the best,

FIG x

 Douglas Higgins, the founder of FIG Seed company SpineStrength, was featured in this months Orange Magazine. Click below to see his thoughts on banking in the magazine...