Securing angel investment is a challenge that has long been exposed to the Southwest. This is an area whose significant numbers are known by high net worth individuals (the UK Business Angels Association in subsequent rankings from London and the South East), but securing seed funding from their residency here does not seem easy. .
Each regional incubator and accelerator has its own small black book of investors and many angel investors invest through them or through their professional services and networks. In tandem, there are a good number of forums of thousands of corporate investors, each providing a platform with thousands of angels, but reaching only when the founder fits their profile, raising over a million And is willing to pay the fee.
And now we find ourselves in a place with a lot of investment potential, with most of it flowing into opportunities in the Golden Triangle (Cambridge, Oxford and London). This issue is one of the main reasons that I created a quarterly investment briefing – to bring investors together to network, share and learn, and to outline investment opportunities in the field.
So, at the latest event, on Thursday 25 March, we discussed the issue of angel investing and took a look at the proliferation of angel groups / syndicates operating in the area:
We celebrate the creation of the new BPEC Seed Investors Group, which will invest in raised companies for
We also heard from 3 great power speakers who offered a local, national and international perspective on angel investment activity.
- Richard Cobb, Michelmers Mainstream
Richard talked to us MiVentures (Provision of an incubator style for aspiring companies) and MainstreamThe newest is South West Angel Group which is helping individuals with high net worth to invest by providing introductions and virtual and in-person pitch events. The group is c. 50 active members and each person have the resources to invest £ 25k. His recent pitch event saw 6 applicants from 20 companies, most of whom were referred by incubators, current members and Michelmore customers.
- Oliver Woolley, Investor
Oliver shared a synopsis of Investors, which offers a digital investment platform and private investors club to bring entrepreneurs and investors together across geographies and communities. They receive 150 offers each month and provide practical investment readiness support for the founders. Oliver’s reflections on angel investment were fascinating – not least the fact that only 2% of companies in the broader market succeed in raising funds from outside sources.
- Gaurav Singh, JPIN Venture Catalysts
Gaurav provided an ‘international perspective’ to our program. He and his partners are building the largest bidirectional investment and development corridor to bid for startups between India and the UK. Interestingly, they have created an angel network of their own in India, which focuses on second and third tier cities – an approach they encouraged us to consider – rather than competition between areas outside London in the UK To focus on cross pollination.
As a big fan of community building, my favorite fact for the morning came from Oliver – he reminded us of Dunbar’s number, 150, which was “SuLimits cognitive limits to the number of people with whom one can maintain stable social relationships. “This is particularly interesting in terms of optimal size for an angel group.
I rounded off the event with an unusual investment opportunity – a feature film inspired by real-life experiences on the 70/80s Hartcliffe Estate in Bristol. The brief time before the film has been viewed 4 million times on YouTube and is worth watching even if you are not in a position to help Watch the movie here.
As always, all the investment opportunities discussed in QIB are available to us. Input page So I invite investors to take a look and contact the founders directly if their business is of interest to you.
If you want to see his contributions in full, watch the video below and if you like to visualize the narrative and take a look at his slides, they are also available: