Angel CoFund (Free)

What is the finance available for?

The Angel CoFund makes equity investments of between £100,000 and £1 million in smaller businesses in the UK. It invests alongside strong syndicates of business angels to support businesses with strong growth potential.

Through these equity investments the Angel CoFund also acts as a catalyst to better practice and increased long-term capital in the UK angel market, and as a stepping stone to wider and later-stage venture capital (supported by our Enterprise Capital Funds and VC Catalyst Fund programmes).

Investment is subject to an upper limit of 49% of an investment round and 30% of the equity in a business, although investments are usually less than this.

Eligibility Criteria

If you are a business seeking investment, you should first secure the interest of a business angel syndicate or network, as you can’t approach this fund directly. 

What Investment Amounts are available?

Equity investments of between £100,000 and £1 million in smaller businesses in the UK

What are the investment terms?

Investment is subject to an upper limit of 49% of an investment round and 30% of the equity in a business, although investments are usually less than this.

How to Apply

http://british-business-bank.co.uk/ourpartners/angel-cofund/

Contact Information:

Contact:
Lewis Stringer

Address:
Foundry House
3 Millsands
Sheffield
S3 8NH

Telephone numbers:
(0)114 206 2131

Email:
lewis.stringer@british-business-bank.co.uk

Website:
british-business-bank.co.uk

Twitter:
@britishbbank