BBAA Angel Investing Awareness Campaign
Business Angel Investing is the most significant source of equity for early stage businesses in the UK with between £800m and £1bn being invested in SMEs on an annual basis.
Recent research carried out by NESTA in collaboration with the BBAA has shown that whilst Angel Investing carries risk, investments in SMEs can bring attractive returns, showing the importance of Angel Investing as a key asset class. This has important implications for high net worth and sophisticated individuals who could consider becoming angel investors as part of their investment portfolio.
In the current economic climate, there has been a significant increase in demand from entrepreneurs seeking access to alternative sources of investment. It is therefore vital that we attract more Business Angels to nurture the innovating businesses of tomorrow and to assist in maintaining the future competitiveness of the UK's economy. The current downturn will increase the numbers of persons with longstanding industry and management experience who could bring their expertise and finance capability to make successful investments in these high growth potential entrepreneurs. The BBAA has gained the support of BIS (Department of Business Innovation & Skills) to run a major national and regional angel investment awareness campaign throughout 2009 with the aim of increasing the overall pool of Angel investors across the UK regions.
The programme has been running at both national and regional level with awareness events and workshops to build the capacity of potential new Angels. Notably the programme is designed to support actions being taken by Business Angel networks and to work directly with the Regional Development Agencies, key business organisations, finance and wealth managers and all professional agencies and intermediaries who are advising high net worth or sophisticated individuals who may be attracted to Business Angel Investing.
"Business Angel Investment is the most significant source of equity for early stage businesses in the UK. In the current economic climate, it is vital to attract more individuals to become Business Angels to invest in the successful innovators of tomorrow" Anthony Clarke, BBAA Chairman
Campaign supported by:
Campaign sponsored by:
