There is increasing confidence being felt by many business owners and advisers in the North West and it is therefore perhaps of little surprise that last week witnessed the launch of a new North West focussed angel investment scheme. The Co Angel Investment service is the first of its type in the North of England and is a joint initiative by Business Finance Solutions and the British Business Bank.
The plan is for syndicates of business angels to invest alongside the British Business Bank. This will provide an alternative funding source for businesses looking to raise finance, particularly those requiring growth funding which may not be readily available. An increase in the sources of finance that are available to businesses generates more options and leads to more opportunities being created for connected parties.
Read more on this story here.
If you would like to find out more information on possible finance options, please email Tim Mills at email@example.com or call 01254 679131.