Sponsors
The City of London Corporation is delighted to sponsor the British Business Angels Association awards dinner and take part in this celebration of success in angel and early stage investing.
Working with partners, the City of London Corporation supports the growth of local business. For example, the City Corporation is a founding partner of Innovation Warehouse, a pioneering business incubation and start-up mentoring facility. Innovation Warehouse will help encourage the next generation of entrepreneurs and perhaps provide future angel investment opportunities.
In addition, since 1999 the City Corporation has invested around £9m in a range of small business loan funds as part of its efforts to improve finance to SMEs, and produces research to support the competitiveness of UK business.
Supporting business growth is at the heart of what the City Corporation is all about. The City Corporation is a uniquely diverse organisation with three main aims: to support and promote the City as the world leader in international finance and business services; to provide high quality local services and policing for the Square Mile; and to provide valued services to London and the nation as a whole.
To learn more about the City of London Corporation’s commitment to build confidence in and prospects for the enterprise community see www.cityoflondon.gov.uk/businesssupport.
The work of the British Business Angels Association well aligned with this commitment and vital to the growth of early stage UK businesses. The City Corporation is proud to be working with the BBAA and extends its congratulations all awards nominees!
Angel Capital Group was created in 2009 to focus on helping high growth companies realise their potential through both knowledge and investment.
Our experienced management team are established leaders in the development of new angel-led early stage investment initiatives, whilst we are able to leverage nearly 30 years of investment experience through our London Business Angels network. From our headquarters in central London we work both nationally and internationally, providing access to leading-edge services designed to improve investment readiness, facilitate access to early stage investment, and create opportunities for the development of new early stage co-investment funds, with a key focus on the Angel investment market.
The team is supported by a board of leading international players from finance, Angel Investment, Venture Capital and Business.
To find out more about the Angel Capital Group, CLICK HERE.
The £50m Business Angel Co Investment Fund (Angel CoFund) was launched in November 2011. The fund has been created with a grant from the Regional Growth Fund and invests alongside business angel syndicates from across England.
The fund has been designed and established by a consortium of private and public bodies with expertise in business angel investment. It is a private sector body with clear objectives to boost the quality and quantity of business angel investing in England, and to support long-term, high quality jobs in growing companies.
The fund is able to make initial equity investments of between £100K and £1M in to SMEs alongside syndicates of business angels, subject to certain geographical restrictions (see the post code lookup) and an upper limit of 49% of any investment round. Investment decisions will be made by the independent Investment Committee of the fund based on the detailed proposals put forward by business angel syndicates.
The fund is not open to direct approaches from individual businesses and those seeking investment should first secure the interest of the business angel syndicate or network. Businesses seeking investment can find more information on business angels, syndicates and networks from the British Business Angels Association website www.bbaa.org.uk.
The Angel CoFund has been established with the support of Capital for Enterprise Limited (CfEL). CfEL continues to provide both expertise and resource to ensure the successful execution of the Angel CoFund against its objectives. More information about CfEL can be found here.
Aspire Fund, supported by Capital for Enterprise
Established in 2008, the £12.5m Aspire Fund targets support for women-led businesses across the UK. The Fund is able to make equity investments of between £100k and £1m, on a co-investment basis, in order to help strong bsuinesses grow. It will consider start-ups where the product and market are proven. The Fund is not able to invest to rescue failining businesses.
The objective of the Fund is to increase the number of successful women-led busineses within hte UK, ensuring that those with real potential to succeed are not held back through a lack of growth captal. The Aspire Fund's co-investment approach aims to extend the range of companies that can be supported with teh capital available, as well as meeting requirements for State Aid. The Fund will provide up to 50% of funding for ay one investment, alongside other private investors.
Although the Fund is managed by Capital for Enterprise Ltd (CfEL), all investments will need to be matched and led by an experiences co-investor: Any approaches to CfELshould be madse through the selected co-investor.
To find out more about the Aspire Fund, please CLICK HERE.
