Scotland’s business angel scene needs strong VC offering for firms to thrive, says expert

The Scottish business angel sector would benefit from better access to venture capital, increased cross-Border investment, and a more diverse investor base to help burgeoning firms prosper, an expert in the field has stated.

Jenny Tooth leads the UK Business Angels Association (UKBAA), which looks after about 15,000 business angel investors – and £1.9 billion was invested in nearly 3,000 companies last year across the UK.

She told Scotland on Sunday that in Scotland there are nearly 20 investment syndicates such as Archangels, Par Equity, Equity Gap and Investing Women.

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