Five companies recieve funding within the last six weeks from Central England Business Angels

29 May 2012

Within the last six weeks Central England Business Angels has invested over £1M of Angel Private Equity into 5 companies. The investee companies included Digital Gaming, two manufacturing opportunities, a product distribution into the major retailers, and a University spin-out. Of these, the University Spin-out was an SEIS investment, the others qualified under EIS.

Central England Business Angels: The first to gain investment from the social impact Co-Investment Fund

29 May 2012

Central England Business Angels is pleased to have introduced the first investment to the Social Impact Co-Investment Fund. It was fortuitous that we were working with Nu Drive, a company producing a new design for wheel chair leveraged propulsion, at the point when FSE approached us with the Social Impact Fund. We immediately saw a match between the social impact of Nu Drive and the need for additional money while preserving equity.

Government has now received State aid approval from the EC to make changes to the EIS and VCT scheme

31 May 2012

BBAA is pleased to learn that the UK Government has now received State aid approval from the European Commission to make the following changes to the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) scheme:

Envestors 'Next Big Thing' presentation evening- Showcasing high growth companies to investors

7 June 2012

Time: 6:30pm to 9:00pm

Place: The Royal Bank of Scotland, 5th Floor, 1 Spinningfields Square, Manchester, M3 3AP

RSVP: Please book by contacting Mike Langford- email: mike.langford@envestors.co.uk or call: 0161 635 0001

The event showcases up to six screened companies looking to raise finance of up to £5m: most are eligible under the Enterprise Investment Scheme (EIS).

Exclusive Early Bird Offer on ALL ticket pricing for the 2012 BBAA National Investment Summit & Awards Dinner

8 June 2012 - 15 June 2012

Having established themselves as the most prestigious events and high point in the UK’s early stage investment calendar, the British Business Angels Association’s - National Investment Summit and Awards Dinner will return on Monday the 2nd July 2012 for their 8th consecutive year.

Invoice Traders ‘Platform Black’ Receive Funding from FSE Business Angel Investor Network

8 May 2012

Winchester-based invoice trading company Platform Black have received equity funding from Business Angels in the Investor Network managed by the FSE Group in order to scale the business.

Business Angel CoFund invests £7.2 million in small firms

8 May 2012

The Angel CoFund has today (Tuesday) announced the completion of its first five investments, with a total of £7.2 million committed to small and medium sized enterprises (SMEs).

Business and Enterprise Minister Mark Prisk joined some of the first businesses to receive funding, following the end of a strong first quarter for the Angel CoFund, which was launched in November 2011.

LBA (London Business Angels) is now a syndicate partner of the £50m Angel Co Fund

8 May 2012

LBA has become a syndicate partner of the £50m Angel Co Fund (CoFund) following completion of the CoFund’s first investment being £211k invested into Loughborough-based Phase Vision. This investment completed a £1.5m funding round, which was cornerstoned by a £643k investment by an LBA syndicate. The LBA syndicate was led by LBA investor Nathan Hill of Qi3 Accelerator and included a £100k investment by the LBA EIS 2011 Roundtable Syndicate Fund.

CamStent’s £500k funding round cornerstoned by £114k investment

9 May 2012

Early Stage Cambridge based polymer coatings specialist CamStent has successfully closed an oversubscribed £400k funding round, closing with subscriptions in excess of £500k. The round was cornerstoned by a £114k investment by new and existing LBA shareholders, including an £18k follow on investment by the LBA EIS Roundtable Syndicate Fund 2011. Investor funds have been supplemented by a £250k non-dilutive grant from the Technology Strategy Board.

Pure Global Receives £100,000 Loan from the Social Impact Co-Investment Fund

16 May 2012

Pure Global Ltd, a Hertfordshire-based social enterprise that have produced the world’s first lever-drive propulsion accessory for manual wheelchairs ‘NuDrive’, have received financing from the Social Impact Co-Investment Fund managed by The FSE Group and lead partner Resonance.