5 UK Business Angel Networks Lead £50m Fund

In an attempt to plug the gap in early stage funding for high-growth startups,  five business angel networks have announced that they will participate in the UK government’s £50 million co-investment fund.

The partners of the successful consortium, Capital for Enterprise, are AIM-listed Braveheart Investment Group, Hotspur Capital Partners, Octopus Investments, Oxfordshire Investment Opportunity Network (OION) and Venrex Investment Management. The co-investment fund will mirror a similar fund launched in Scotland in 2003.

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