IN FOCUS: Business Angels.
Business angels invest in businesses in exchange for a share of the business'equity. Most angels invest between PS10,000 and PS750,000. Angel investors usually invest in start-ups or young businesses that need to fund activities like product development or market expansion. They can make investment decisions quickly but will still need to see a good business plan before they commit. Business angels may take an active role in a business and can be a useful source of knowledge and mentoring. Below are some of the VC funders and business angels active in Scotland: Scottish Co-Investment Fund PS500k-PS2m All sectors. www.scottishenterprise.com Scottish Loan Fund PS250k-PS5m All sectors: SMEs/growth potential.
www.mavencp.com/scottish-loan-fund.aspx Scottish Seed Fund PS20k-PS100k All sectors: start-ups/early stage.
www.scottishenterprise.com Scottish Venture Fund PS500k-PS2m All sectors. www.scottishenterprise.com Aberdeen Asset Managers PS500k-PS5m All SMEs. www.aberdeen-asset.co.uk Archangel Informal Investments PS100k-PS1m All early stage excl. property, retail, leisure.
www.archangelsonline.com Aurora PS50k-PS1m All sectors. www.auroraequity.co.uk Braveheart Ventures PS50k-PS1m All sectors excl. film, hotels.
www.braveheart-ventures.co.uk Business Angel Co-Investment Fund PS100k-PS1m All SMEs. www.angelcofund.co.uk Genomia Fund PS10k-PS100k Life sciences, biosciences: seed, pre-seed.
www.genomia.org.uk Hamilton Portfolio To PS1m All sectors excl. biotech.
www.hamiltonportfolio.co.uk Highland Venture Capital PS75k-PS500k All sectors in H&I area excl. retail, leisure.
www.hie.co.uk Kapital Assets PS75k-PS1m All sectors excl. biotech.
www.Kapitalventures.co.uk Longbow Capital PS1m-PS3m All early stage. www.longbow.co.uk Maven Capital Partners PS2m-PS5m All SMEs. www.mavencp.com Murray Capital To PS5m All sectors excl. biotech: expansion/dev capital.
www.murraycapital.co.uk Northern Venture Managers PS2m-PS10m All sectors. www.nvm.co.uk Par Equity To PS500k Small businesses. www.parequity.com Pentech Ventures PS250k-PS1m E-commerce, technology: early stage.
www.pentechvc.co.uk Scottish Equity Partners To PS20m Electronics, healthcare, energy. www.sep.co.uk Sigma Technology Mgmt PS200k-PS1m Technology, clean energy: early/dev stage.
www.sigmacapital.co.uk Souter Investments To PS10m All sectors: socially responsible.
www.souterinvestments.com Symphony Corporate PS250k-PS1m All sectors excl. construction. Not start-up.
www.symphonycorp.co.uk TRI Cap PS25k-PS500k All sectors Borders-based. www.tricapital.co.uk UKSE Fund Managers PS35k-PS400k Upstarts UK PS35k-PS400k Technology excl. biotech: start up/early stage.
www.suilimited.com Wide Blue Up to PS250k All sectors esp. technology/life sciences.
www.wide-blue.com Source: Scottish Development International ; Scottish Enterprise; Scottish Government