Do I need to be very wealthy to be an investor?
It is often thought that you have to be very wealthy to be an angel investor, but in fact many individuals invest from around £10,000 in any one company, although some angels invest much more. However, your money is tied up for several years so it must be money outside your normal finance needs.
While previous experience is not required, we ask that you fall into one of the investor profiles
How much do I need to invest?
Business angels would generally invest between £10,000 and £750,000 in any one investment. Investments are made in return for an equity share in the business. Most angel investors will take a portfolio approach and invest in more than one company to give a spread of opportunities to diversify their risks.
As well as investing money, Business Angels can also bring valuable know-how, contacts, and experience to the businesses in which they invest.
But I do not have a background in life sciences.
We hold a series of investor workshop to give prospective angels the tools and knowledge to be able to make these investments. As well as guidance to evaluate different investment opportunities in general, we will discuss investments in healthcare and life sciences companies in particular. On top of this, we have a rigorous selection process and training sessions that entrepreneurs have go through in order to make sure that businesses we present to investors can be easily understood whilst keeping the innovative element intact.
I am interested in investment opportunities in other sectors, too.
London Business Angels also hold a series of Angels in the City events that present emerging companies in the digital technology space and other sectors. Please visit www.angelsinthecity.org.uk or contact us for further information.
What is a syndicate, lead angel, archangel?
Angels often invest as part of a group called a 'syndicate'. One investor will generally act as a Lead Investor, sometimes referred to as 'archangel', and will act on behalf of the syndicate. The vast majority of investments are made up of syndicates of investors.
Which companies do Business Angels usually invest in?
Business Angels invest across most industry sectors and stages of business development, but especially in early and expansion-stage businesses.
Can I get Tax Relief?
Yes. All companies we select for the Angels in the City programme are EIS/SEIS eligible. Please visit www.hmrc.gov.uk for more information.
How much does it cost to become an Angels in the City investor or attend a workshop/presentation event?
Angels in the City is co-funded by ERDF, Lloyds, The City of London, and London Business Angels. It is free for you to attend Angels in the City workshops and presentation events. However, Angels in the City company presentation events are regulated by FSMA and in order to attend these events you will be asked to confirm that you are either a "certified high net worth individual", "self-certified sophisticated investor", or a "certified sophisticated investor". (Declaration forms provided upon request)
As Angels in the City events are highly anticipated and spaces are limited, we strongly recommend that you RSVP in time to reserve your place. For upcoming events please visit our Events section.
Do I need to attend an Investor Workshop before I can attend the Company Presentation event?
It is not necessary, although we highly recommend that you do. Either you are a new investor or have previously made investments, we believe that these workshops can bring additional value and information. We have had many highly experienced angel investors attending our workshops who have always found something new and useful for themselves. In addition, we usually have many guest speakers, who are highly valued specialists in their industry at these events who can address your specific questions in different areas.
If you have any further questions, please contact us.