British Business Bank programme: Angel CoFund
The Angel CoFund makes equity investments of between £100,000 and £1 million in smaller businesses in the UK. It invests alongside strong syndicates of business angels to support businesses with strong growth potential.Investment is subject to an upper limit of 49% of an investment round and 30% of the equity in a business, although investments are usually less than this.
If you are a business angel syndicate, visit the Angel CoFund website to find out more about the fund and how to secure co-investment.
The Angel CoFund has enabled smaller businesses to secure £72m in investment: £15m from Angel CoFund alongside £57m from private investors. Every £1 invested by the Angel CoFund has leveraged around £4 from business angel syndicates.
The Angel CoFund is a £100m fund to increase the impact of angel investing in the UK