Business Angels invest in latest crop of start-up hopefuls
One third of businesses backed by average of £170k each
Bay Business Angels, which was set up in 2017 to provide start-ups and new businesses with ‘Angel’ investment, has seen businesses in South Cumbria and North Lancaster raise £850,000 of investment.
In a reflection of the high quality of businesses that have pitched to the Business Angels, 33% of applicants secured an average of £170,000 investment.
One pitching event was so successful, 60% of businesses received investment offers.
Bay Business Angels seeks to c... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...