Helping businesses find the right finance at the right time
10/02/2012
Raising awareness of the many and varied forms of help available to small businesses is crucial, the British Bankers’ Association said as the Prime Minister hosted a Business Angel event today.
The BBA said it is essential that entrepreneurs and small businesses in Britain can access the right finance in the right place at the right time, whether they are starting or growing. By working together with finance providers of all types, particularly business angels, we aim to create a connected market place for businesses which enables them to find the appropriate finance for their stage of development.
BBA chief executive Angela Knight said:
“We want to see British businesses flourishing and are firmly committed to working together with organisations representing finance providers to help create a coherent and interconnected finance market place for entrepreneurs. We especially recognise the vital part that angel investing plays in this market place and look forward to collaborating with the British Business Angels Association to increase awareness of this finance source.”
Notes to Editors
1. Angela Knight’s new blog on business angel investing can be read here.
2. Angel investment is the most important source of capital for start-ups and early stage businesses in the UK. The BBAA estimates there are approximately 15,000 angel investors operating in the current market, investing nearly £1 billion per annum.
