Business Angels : securing start up finance

Business Angels securing start up finance Patrick Coveney • Karl Moore Finding adequate start-up funding is vital to the success of any new business. Such businesses are frequently too small to attract the interest of venture capital firms and are considered to be high risk ventures both by banks and venture capitalists. Business angels, private investors with high net worth, can help small firms to bridge the equity gap between private funding and the more formal funding of the stock market and venture capital organisations. Based on an Oxford University study of a large number of ventures financed through the informal venture capital market, Business Angels categorises the different types of private investor and offers clear practical advice on: locating and identifying the right angel for your business, creating a convincing business plan, managing risk, the valuation process and problems faced by angels in making their investments. Business/Finance