Jenny Tooth discusses the launch of the latest UKBAA & British Business Bank research on the Angel Market
With negotiations showing no movement and a prorogued Parliament, there is little chance for businesses to prepare for the imminent impact of Brexit and for the loss of EU support, notably for SMEs in the Regions.
We need to ensure that we can retain a supportive and sustainable environment for investment into the UK’s entrepreneurs. To do this, we need evidence that we can put before Government and decision-makers. With this in mind we have launched this week, the latest UKBAA – British Business Bank research on the Angel Market. We want to make this the biggest and most robust data set ever and need as many angel investors as possible to take this 15-minute confidential online survey. The results of this research will be anonymised and aggregated to provide vital data to ensure that Government can be in no doubt of the significance of Angel investment for our economy. Our last research data in 2017 provided the basis for Government’s decision to support a new £100m coinvestment fund under the Regional Angel Programme, so we know this data brings results. Please help to ensure that Angels across the UK take the online survey and for those working with Angels please send out the link – https://www.pwcresearch.com/uc/angelsurveyregsite/?a=88549
We are continuing our work in encouraging more women to invest and especially concerned at the lack of women investors outside the Golden Triangle. I hope that many of you will join us on 23rd October for our Northern Women Angel Investment Forum when we will be looking at what more can be done to attract more women across the Northern regions to invest.
Our parallel work focuses on enabling more women founders to access investment and I was delighted to be present at the Market Opening at the London Stock Exchange yesterday 18th September with Alison Rose Deputy CEO of NatWest, author of the Rose Review on female entrepreneurship , together with many amazing women founders celebrating the Investing in Women initiative and new code of practice.
You can find recent national coverage for UKBAA at: