Early Stage Angel Investment Fund worth £8m
23rd May 2024
East Midlands Combined County Authority LEP Chair, Elizabeth Fagan, launches £8m Early Stage Angel Investment Fund at UK’s Real Estate Investment and Infrastructure Forum (UKREiiF).
Speaking at the interactive panel session ‘Focus on the East Midlands, our Time is Now’, alongside East Midlands Mayor Claire Ward, Elizabeth said:
“I’m delighted to announce today that we are launching our Early Stage Angel Investment Fund here in Leeds at UKREiiF. The purpose of the Fund is to stimulate investment and growth in ‘early stage’ companies – those that have been trading between six and 24 months - that are based in Derby, Derbyshire, Nottingham or Nottinghamshire (the East Midlands Combined County Authority region).
East Midlands Combined County Authority LEP is contributing £4m to the Fund and this will be match-funded by our investment fund manager, Haatch. Our aim is that over the longer term, these funds will be re-invested in the programme, to catalyse investment and growth for further early stage companies.”
