Angel CoFund

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What grant amounts are available?

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

What is the loan 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.

Capital or Revenue or Both?

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.

Any 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 loan amounts are available?

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

What are the loan 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:

Tim Mills - Investment Director

Address

Suite 15, Sheffield Technology Parks Cooper Buildings, Arundel Street Sheffield, S1 2NS

www.angelcofund.co.uk

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