£100 million Angel CoFund, funded by British Business Bank, goes national
Press release
The Angel CoFund, which brings together businesses and entrepreneurs along with government and private sector investment extended across UK.
To date the fund has only been available to businesses in certain areas due to being funded from the Regional Growth Fund; but from today firms throughout the UK will be eligible for support.
The Angel CoFund works towards simple and sensible principles: we want to support and improve angel investing in the UK; and we want to get cash to good companies that can use the money to really scale their businesses. We are the most active fund in the country and the largest of its type in the world, and we are delighted to be able to support entrepreneurs across the UK in this way. - George Whitehead non-Executive Chairman of the Angel CoFund
Since its launch in November 2011, the fund has supported 27 companies, providing £10 million in direct investment alongside £40 million from business angels. The fund is now able to accelerate its activities to meet the increasing demand from UK companies for this type of long term equity support, with an additional investment of £50 million in the 2013 Budget as part of the government’s Business Bank programme.
Check out the full announcement on gov.uk and find out more on the Angel Co-fund’s website.
Quick links
Latest news
-
Read more about British Business Bank appoints Julia Bond OBE as Non-Executive Board Director and Chair of Remuneration Committee Press release
05 June 2025 -
Read more about British Business Bank reaches £5bn lending milestone for its ENABLE structured guarantee programmes Press release
03 June 2025 -
Read more about London CIV first Local Government Pension Scheme pool to announce its intention to work with the British Business Bank on the launch of the British Growth Partnership Press release
29 May 2025