18th October 2018
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Further to an extensive national study commissioned by The UKBAA and The British Business Bank, nationwide data reveals clear regional disparity across the UK, with a staggering 63% of business angels based in London and the South East. Further insights include:
The British Business Bank’s UK Business Angels Market report - produced with the UKBAA - reveals a clear regional disparity in terms of where Angel investors are based and where they invest. Supported by a further independent body of data commissioned by the UKBAA on regional, ethnic minority and gender based perceptions on what it is to be an angel investor, an overriding and acutely skewed assumption that SME investment is preserved for ultra-wealthy, white, male Londoners has emerged. While potential investors of differing regional demographics may feel isolated from the investing arena, the repercussions for regional SMEs reliant on this kind of funding may limit innovation and employment growth outside of the capital.
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