Exeter Business Angels
Exeter is located in the Southwest of England, in Devon , on the east side of the banks of the River Exe. The Met Office, in charge of the country's weather forecasting operations, relocated to Exeter from their base in Berkshire in 2004, and is now one of the main employers in the area. Exeter is also home to an 11 th Century cathedral, as well as the largely intact remains of a Norman castle, which are both popular tourist attractions. In fact, the castle plays host to annual open air Shakespeare performances, laid on by the Northcott Theatre, which is currently undergoing redevelopments in time for Christmas 2007.The University of Exeter is one of the other main employers in the City, largely due to its excellent research facilities. The campus is one of four main bases of the University of Plymouth , and also boasts a successful sports section, with many University teams from a variety of disciplines enjoying nationwide success in their respective divisions.
Exeter 's football team have not enjoyed the greatest success in recent years, and in fact were relegated from the football league for the first time in 83 years back in 2003. A valiant fight for promotion ended at Wembley in May this year, where they were beaten by Morecombe in the Conference play off final. Speedway racing, cricket, rugby union and athletics are also popular sporting attractions for the Exeter locals.
Perhaps Exeter 's most famous exports include various Archbishops of Canterbury , singer Chris Martin (Coldplay) and recent Apprentice star Katie Hopkins.
If you are looking to set up a business in the Exeter area, it may be worthwhile looking into Business Angels as a form of investment, to help develop the business plans you have made. It helps if you have evidence that you have spent a great deal of time/effort/money yourself, and that it is the end of the road in terms of what you can raise by yourself - this shows commitment, passion and rive for your company, which will undoubtedly rub off on the potential investors.
Business Angels are wealthy, entrepreneurial individuals who invest their own cash, which immediately means they will be personally involved with the growth of your business. This does not necessarily mean they are involved in the day to day running of the business, but they will be personally involved in overseeing the growth development process and helping with the management processes.
Typically Business Angels are prepared to invest between £75,000 and £250,000, but this figure could rise dramatically if they are part of a syndicate, or ‘angel network' - there is no ceiling to the amount they will invest - it all depends on how quickly they think they will see a return. To be able to seal an investment package you need to make sure your business plan is watertight, and able to stand up to intense scrutiny from the angel(s).
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.
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