1. Business Angels & Venture Capital Northwest Business Angels 5 th September 2007

2. Equity finance available to NW companies…  From £10K - £1m  Flexible “equity” for early stage & established businesses with growth potential  High risk seed & venture funds  Money from Business Angels

3. Business Angel & Venture Capital is… Long term, committed share capital to help private companies grow and succeed, providing in many cases management support

4. Bank vs. Venture Capital Bank Debt Secured Capital & interest repayments Risk of withdrawal Monitoring relationship REPAYMENT – regardless of profitability Venture Capital Risk funding (share capital) Return only on success Committed Partner relationship - support GROWTH – no repayment until sufficient profit and value

5. Angel Investment Enterprise Investment Scheme statistics:  Over 20,000 Business Angels in UK  Investing between £800m & £1bn annually True figure much higher!

6. NWDA supported seed & venture capital sources  NW Business Angels – advice, support, gateway to angels & funds - £10K - £500K  NW Business Investment Sch. - £50K - £1m  NW Seed Fund – up to £350K  Rising Stars Growth Fund - £30K - £1m (technology)

7. Other public supported VC funds  NW Equity Fund – up to £660k  Coalfields Enterprise Fund - £40k - £500k  Bridges Community Ventures - £150k - £5m  NESTA - £50k - £500k (early stage technology)  Enterprise Capital Funds - £500k - £2m

8. What makes a plan stand out to a Fund Manager?  I was expecting it  Tells me what I want to know  Meets fund criteria  Succinct with evidence  Believable  Makes me want to meet you

9. The Gateway to Angels and VC Funds Northwest Business Angels angels@nwda.co.uk www.nwbusinessangels.co.uk Tel. 01925 400302

10. And finally…. Northwest Small Business Loan Scheme  Loans of between £3,000 and £30,000  Early stage & Start-up  Growth potential and  Social Enterprise  BME and Sharia Compliant Loans 01925 400 302 smallbusinessloans@nwda.co.uk