ProVen VCTs' Portfolio Company Steak Media named Media Agency of the Year
LONDON -- 21st November 2007 -- Independent digital marketing agency Steak Media has been named Media Agency of the Year at the prestigious Interactive Marketing and Advertising Awards.
Hosted and organised by NMA and Marketing Week, there were over 320 entries competing for top position in 21 categories. The awards were established four years ago to recognise and celebrate the most effective examples of marketing 
and advertising using the internet, mobile and interactive TV.
Steak Media beat 3 other market leading companies in the Media Agency of the Year category. Steak was also named as a finalist in the category for Best Use of Search Marketing for their work on swiftcover.com.
The 19 judges commented they had "watched Steak grow from nothing to a great agency that was leading the market and doing phenomenally well with an intelligent and impressive use of PPC (pay per click)".
Earlier in the week, Steak picked up the award for Best High Growth Business at the Daily Mail Enterprising Young Brits awards. The event recognises young people who have turned their ideas into reality and was attended by Gordon Brown and Alastair Darling.
Beringea completed a round of expansion capital funding to Steak on behalf of the ProVen VCTs earlier this year. Jeff Bocan, who completed the deal on behalf of Beringea commented "We are so pleased Steak are being recognised by their peers as not only having achieved stellar growth, but as being on the cutting edge of what is a rapidly growing industry."
Oliver Bishop, co-founder and CEO of Steak Media said "It is fantastic that Steak, an agency only founded in 2005, has been awarded with both Media Agency of the Year and Best High Growth Business in the same week. It is down to the sheer hard work, support and dedication our team at Steak have put in and the excellent client relationships we have developed. The awards recognise how Steak has grown and transformed itself to be a leading player in the market."
Information on the awards:
http://www.imaawards.co.uk
http://www.makeyourmark.org.uk/get_involved/enterprising_young_brits/2007_finalists
Contact for Beringea:
Jane O'Connor, Marketing Manager - 020 7845 7826
www.beringea.com
Contact for Steak Media:
Peter Suchet, Marketing Director – 0207 420 3532
www.steakmedia.co.uk
About Beringea
Beringea is an international private equity and investment banking firm with offices in London, Detroit, Los Angeles and Shanghai. Beringea is the manager of funds including Proven VCT, ProVen Growth & Income VCT, and Global Rights Fund II, amongst others.
For more information please visit www.beringea.com / www.provenvcts.com
.
