Leeds Business Angels

Leeds is the second largest metropolitan city in the UK , and it's the third biggest city in the UK after London and Birmingham with a population of 715,404. Leeds is the third biggest manufacturing centre in the country, and the city's economy is said to be worth around £13 Billion a year. Over the last 20 years more jobs have been created in Leeds than in any other major city outside of London . With over £2.5 billion being invested in commercial property it is the largest employment centre in the area. Leeds' achievement has been recognised nationally as the city received the prestigious “ Britain 's Best City for Business Award”. Leeds is one of the most important financial sectors outside of London , with over 30 national and international banks, the sector contributes towards a third of the city's GDP.

The metropolitan district of Leeds is comprised of two thirds Green Belt land, and its geographical location mean that it's a perfect base for travelling to and from. It has excellent transport connections with the M1 running from Leeds to London , the M62 connecting Leeds with seaports of Liverpool and Hull , and its close to the A1 for the North. It has superb rail links and an international airport making Edinburgh just 45 minutes away.

There is something for everyone to be found in Leeds, the lonely planet dubbed Leeds “the Knightsbridge of the North” This vibrant city is rich in culture and heritage catering for all tastes and palettes. It has acclaimed restaurants such s Anthony's and Room and Pool Court . Leeds has a selection of galleries and museums, and Leeds City Art Gallery was dubbed the ‘best collection of twentieth century British art outside of London ' by the Times.

The city is also home to 3 Universities Leeds University, Leeds Metropolitan, and Trinity All Saints (TASC) Leeds' Universities and their students play a huge part in the culture and diversity the city, residents welcome the investment associated and new developments that increase the city's profile nationally.

If you are looking to set up a business in Leeds , you may need some financial assistance, which is where Business Angels might be able to help you. Angels are generally from an entrepreneurial background, they are willing to invest their own capital into a business to help it achieve its growth plans. Unlike banks and other forms of lending, the Angel will invest in your company in return for a percentage share, or equity stake. On top of this they will provide you with their own industry knowledge, acumen expertise and contacts, maximising your growth potential in your market. It is important that good relationships are developed between companies and the Business Angel, as they look to secure a profitable return on their investment. Individually, Angels are normally willing to invest between £75,000 and £250,000, however if they operate as part of syndicate then this figure could be much higher.

When pitching your business idea to an Angel it is essential to make sure that you have prepared a comprehensive business plan with predicted turnover over for at least the next 3 years, you must also be forthcoming with any plans for expansion and growth so that they can be scrutinised. Remember, it is their own hard earned cash that they are putting into the business, so they will want to see evidence that you have put the effort in, and prepared accordingly. It helps to show that you have a conviction to the venture and that you have invested accordingly with your own savings. If you need financial help for your business venture contact angelstartups today, for free, impartial advice on how to get the financial backing and put you on the road to success.