Business Angels are private individuals who make equity investments, typically of £20,000 and upwards, in private businesses. They are often people with management experience who have recently retired from a relevant industry sector or who simply relish investing their surplus funds in a business.
The Business Angel might expect to take some part in the management of the business. The extent of this would need to be agreed by both parties in advance. Many new businesses place great value on the experience and expertise that a Business Angel can bring to a venture.
This kind of informal equity finance can be difficult to source. This is one of the reasons why we are a major sponsor of the National Business Angels Network (NBAN).
NBAN is a national introduction service that matches Business Angels with businesses seeking finance across the UK. NBAN has a network of local Associates across the UK with its head office in London. For details of your local NBAN Associate or further information visit NBAN's website - www.bestmatch.co.uk.