2017 saw the value of investment deals done by members of LINC Scotland, the National Business Angel Association, reach a new record. The members, who mostly participate through the twenty or so structured Angel groups based in Scotland, invested £40.28m ($56.89) in 87 deals, alongside £13.5m of public funding, mostly from the Angel Co-investment funds run by the Scottish Investment Bank arm of Scottish Enterprise.
The Director of LINC David Grahame commented that “It’s very encouraging that, even with all the financial and political uncertainty of recent years, Scotland’s Angel investors have not just maintained but increased their support for emerging high potential businesses right through the economic downturn. In fact, these 2017 figures bring the total committed by our members since 2008 to over a quarter of a billion pounds ($355m).”
LINC Scotland www.lincscot.co.uk has a membership comprising both individual Angel investors and most of the Scottish based Angel groups. Details of the members can be found here: http://lincscot.co.uk/member-directory.
LINC itself is a not-for-profit private body and has the dual purpose of representing its members in Edinburgh, London and Brussels as well as supporting the overall development of the Business Angel marketplace in Scotland. This work is supported by a range of private sector sponsors and public sector economic development bodies such as Scottish Enterprise and the European Regional Development Fund.
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