Who are Business Angels?
Business Angels are high net worth individuals who, either on their own or as a part of a syndicate, invest their capital, knowledge and business contacts in high growth businesses. In addition to money, Business Angels often make their own skills, experience and contacts available to the company. Business Angels rarely have a connection with the company before they invest but often have experience of its industry or sector. The majority of Business Angels make investments for financial reasons. However, there are also other motives for investment, for example, taking an active part in the entrepreneurial process, and the enjoyment from being part of the success of a good investment and the sense of putting something back in. Business Angels are an important but still under-utilized source of money for new and growing businesses. A typical Business Angel makes one or two investments in a three-year period, either individually or by linking up with others to form a syndicate. Some Business Angels invest more frequently.
Who are entrepreneurs?
Entrepreneurs are individuals with a clear business idea and a plan for its realization