In May the Business Growth Fund established to help Britain’s fast growing smaller and medium sized businesses, opened for business. Now six months on and against a background of slow economic growth, it urges UK businesses to act on their growth ambitions and consider how best they can be financed for the future?
Oxford Investment Opportunity Network (OION), Europe’s leading technology business angel network, is to participate in the Business Angel Co-investment Fund announced in the Autumn Statement that will provide £50 million to invest in high growth companies alongside business angels.
Braveheart, the AIM-listed specialist in growth capital investments for business angels, high net worth individuals and family offices, announces that Envestors Limited, its wholly owned subsidiary, has closed a £450,000 equity fundraising for the eReceipts.
Time Out Group, the world’s leading source of information and ticketing for arts and entertainment has taken a further step in its rapid progression towards consolidation as a digital media group and towards its goal to reach a worldwide audience of 50 million per month with the acquisition of the Keynoir daily offers business.
Making an Investment within the music industry can reap great returns, but music industry corporate deals have a number of pitfalls which need to be negotiated if the venture is to be successful.
Screens at Work Limited have been successful in gaining a £200,000 loan from the Regional Growth Loan Scheme (RGLS), managed by Finance East and financed by the East of England Development Agency (EEDA).
Early stage, London based consumer web, health and wellness company, Weight Wins Limited, has successfully closed a significant funding round with the entire investment raised through from London Business Angels (LBA)
Business partners Stefan Weniger and John Sweeney have been named as the first entrepreneurs to receive funding from Anglia Ruskin University’s Enterprise Fellowship Scheme.
Envestors, the private investor network focused on high-growth companies, has again won top prize in its category for the venture capital community being named Private Investor Network of the Year at the Investor Allstars Awards.
Serial entrepreneur Duncan Bannatyne has announced an investment of £50,000 in emerging record label, RKA Records Ltd, which was negotiated on Dragons’ Den.
London’s reputation as Europe’s leading entrepreneurial tech hub has been given another boost with the announcement that Wikipedia co-founder Jimmy Wales will be Head of Jury at a groundbreaking tech start-up funding event.
10 Yetis, the consumer and tech PR Agency based in the South West of the UK has announced that it has invested in the start up web film business; The Online Video Company.
Workbooks.com has secured a total investment of £5.4m from Angel investors. This business was able to raise the additional capital in less than 60 days, in part because Angel investors were able to take advantage of the recent EIS tax relief changes, which makes the investment more tax efficient for private investors.
Crowdcube, the crowdfunding website to offer investors equity in small businesses, has successfully helped Fairtrade bodycare business Bubble & Balm raise £75,000 of growth capital and is the first British business to raise finance using this equity based crowdfunding model earlier this year.
The UK has been identified as a more dynamic hub than the US for new entrepreneurial investors in technology, so said a line up of some of Europe’s top Super angel investors: Stefan Glaenzer, co-founder of White Bear Yard and new Passion Capital fund, Mattias Ljungman from Atomico Ventures set up by the Skype founders and Alex at the recent British Business Angels Association National Investment Summit.
