Cornwall is set to develop its own angel investment network to foster the growth of local businesses.  The Cornwall Angel Network is a joint initiative from the Cornwall Chamber of Commerce and the British Business Bank, aiming to help establish a more diverse investment community in the Duchy. Those behind the network are also hoping it will stimulate higher levels of equity investment in the county.

According to the British Business Bank, the network will complement other angel networks, such as Tech South West’s Angel Investor Programme, and funding streams including the lender's own South West Investment Fund which launched last year.