Canterbury Business Angels

Canterbury provides a great mix of coast, countryside and city, to leave locals and tourists of all types spoilt for choice. The seaside locations of Whitstable and Herne Bay offer an unspoilt, picturesque view of the coast, backed up by many craft shops, galleries, cafes and seafood restaurants. Canterbury houses the remains of a Norman castle, built in the 11 th Century, which is a popular tourist attraction along with Canterbury Cathedral, made famous by Chaucer's ‘The Canterbury Tales', which is the centre of attention for many thousands of pilgrims every year. Such is the appeal of this city, they have been named as the hosts of the first leg of huge sporting event the Tour de France, which begins in July 2007. Canterbury has been undergoing certain redevelopments over the last few years, and now boasts a much larger shopping environment, with many shops having undergone major refurbishments.

The growth of the city's student population has seen a re-emergence of the vibrant music scene Canterbury was once renowned for, and whilst their respective local football and rugby are still developing, their cricket facilities are first class, attracting International and County calibre matches.

If you are looking to start up a new business in Canterbury , then Business Angels may be able to help you finance your operation. Business angels are a significant source of start-up and early-stage capital for companies without a proven track record in their industry; they are not averse to taking on risk, however the riskier the investment, the larger equity stake they are likely to ask for. A business plan based on convincing market research is therefore essential in order to convince the Angels when you put your pitch to them, as they will scrutinise every aspect of your project and look to make sure it stands up to their intense questioning. Remember it is their own hard earned money they will be risking, and they need to be assured that their capital will help to grow and develop the company into a successful market leader within that particular industry. It would also help your pledge if you can show that you have invested large amounts of time/money/effort yourself, to convince them of your commitment to developing your business. If they can see evidence of your drive and passion to succeed, they are much more likely to jump on board. The key part of the pitch will be when you tell them exactly what their money is going to be used for - you should ask for only what you need, as they are likely to reject request for over the top investment.

Typically Business Angels are able to invest between £75,000 and £250,000, although this figure could rise if they operate in a syndicate. Not only do they offer their cash in return for a percentage share, but they also provide their industry knowledge, expertise and business contacts to help the business to achieve its growth aims. Whilst not necessarily involved in the day to day running of the business, they will take an active interest in the business plan and strive to help the company reach its targets as quickly as possible. 

If you need financial help for your business whatever your reasons may be, contact angelstartups today for free, impartial advice on how to get the financial backing you need.