Angels Den Blog

The current climate is seeing a shift in the way business angels are investing their money. Property used to be thought of as a good investment and some may say ‘as safe as houses’. No longer is this true and this is where Speedfunding™ has stepped in to put investors in touch with entrepreneurs so they both benefit.

Fi Ryder, Director and Co-founder of Speedfunding™ explains: “Business Angels are on the increase and our Speedfunding™ events are becoming more popular and vastly over subscribed, not just by the entrepreneurs, which you would expect, but by business angels who are looking for different ways to invest their money. They are usually time poor individuals so it is an incredibly efficient way for them to meet entrepreneurs”.

Staggering still is not only the level of investors that was so unexpected but the calibre and the age. Amongst the business angels who made up the 25 investors at Adam Street last week, was 19 year old investor, Jeremy R, who flew in from Dubai to attend the event, “I love it – I really love it – when’s the next one?” he said. In addition to Jeremy, Angels Den’s youngest entrepreneurs attended, looking for investment for their new events business, Static Productions. The two enterprising teenagers each aged 17, donned suits to pitch their new start up to a room full of seasoned investors. At the end of the night they had firm interest from a number of possible investors.

Talking about the event, Fi added: “The atmosphere in the room was electric, and entrepreneurs pitched fervently to the investors. There was an amazing group of business angels present, most of them seasoned and serial investors and a wide variety of entrepreneurs and business ideas with many companies already profitable and looking for further investment to expand”.

Each event is proving to be more popular, exciting and in demand than the last and Speedfunding™ events are taking place each month.

It is a revolutionary networking event designed to enable entrepreneurs to pitch their business ideas on a one-to-one basis to a number of interested Business Angels in one evening. The idea is based around the idea of the ‘elevator pitch’ – the rapid individual pitch that all entrepreneurs seeking funding are advised to prepare.

Speedfunding™ puts the entrepreneur in front of the investor, providing a unique opportunity to pitch their idea to the right person at the right time. If a deal is agreed the Business Angel and the entrepreneur discuss the finer details of return on investment and how much stake the Business Angel will have within the business.

Speedfunding™ is only available to entrepreneurs and Business Angels who are registered with Angels Den. For further information visit http://www.angelsden.co.uk/ or visit the sister site http://www.speedfunding.co.uk/.

ENDS