The business festival, sponsored by Innovate UK, will be held on Wednesday November 16 at York Racecourse, and will shine a spotlight on the bright sparks of the region.
Venturefest will give businesses a platform to showcase their innovations to the public, and crucially, to potential investors.
Barclays Eagle Labs will get hands on with 3D printing, laser cutters and virtual reality. Dermot Boylan, programme manager, Venturefest, said: "We’re looking forward to trying out the virtual laboratory, where you step into an advanced lab and conduct ‘real’ experiments. You will quite literally be able to enter into an imaginary world by putting on a set of virtual reality goggles."
Steven Roberts, strategic transformation director at Barclays, said: "We’ve created the Barclays Eagle Labs because technology is transforming the speed at which start-ups can grow and scale. Simply having access to a 3D printer can now help people turn a clever idea into a business success overnight, and by providing practical resources along with our financial expertise we intend to help many businesses succeed."
Venturefest Yorkshire will also host a mock-up ‘Elevator Pitch’ where businesses must get their ideas across to potential investors concisely within one minute.
Venturefest Yorkshire, now co-ordinated by Make It York, was set up to support the region’s innovators in turning ideas into businesses, to help entrepreneurs grow their businesses through new opportunities and for investors to connect with those who are seeking investment.
The event is also designed to encourage business collaboration, to inspire and entertain and to enable people from across Yorkshire who would not normally be in a room together to connect and find mutual benefits.
Steve Brown, managing director, Make It York, said: "This year’s festival is one not to miss and will give an insight into what we can expect to see from Yorkshire businesses in years to come."