Southampton Business Angels

Southampton is the largest city on the south coast of England , famous for its maritime industries and developments. The Southampton docks are huge, mainly catering for cruise ships and luxury liners, but they also house various container terminals for freight ships. The docks are a hive of activity, providing huge employment opportunity for the city's 225,000 inhabitants. The West Quay shopping centre is one of the largest of its kind in the country, opened in 2000 as part of the major West Quay redevelopment programmed, and houses many major high street brands, as well as an array of houses, further shops, offices and leisure facilities' currently in the pipeline. Southampton was recently also granted a large casino license, with the view of helping the economy further.

The city is also home to Southampton Football Club, commonly known as ‘The Saints', who play in the second tier of England 's top leagues. Their stadium, St Mary's, was built in the early part of this century, and has a capacity of over 32,000 people. Despite losing narrowly in the Championship play offs this season, the football club has a huge following and plays a big part in the city culture.

Southampton University is made up of over 40,000 students and is hailed as one of the top ten research led universities in the United Kingdom . The nightlife is an important part of the city's make-up, and with over 18 nightclubs and many more pubs and bars, everything you need from a city is here. Musically, Southampton is strongly represented, with both Craig David and Coldplay drummer Will Champion local residents.

If you are looking to start up a business in the city of Southampton , then it may be worth looking towards a Business Angel for investment to help you get going, or grow your business if it already exists. Business Angels are always looking for a new project to invest in, so if you are able to present a fully comprehensive business plan including up to date cash flow forecasts and other budgeting, you may be in with a chance of securing that lucrative capital investment your business idea needs.

Business Angels are wealthy individuals, who look to invest their own money into a burgeoning business in return for a percentage share, or equity stake in the company. Angels are typically willing to invest between £75,000 and £250,000, although this is only a ball park figure, and many ‘Angel networks' are now springing up whereby groups of Angels team together to offer a much larger injection of capital. Whilst Angels are not averse to larger amounts of risk, they request a very high return on their investment - most new businesses fail within the first year, and for this reason Angels often look to invest in an idea that has the potential to return at least 10 times their original stake within the first five years. It goes without saying then, that your business plan needs to be solid, and your company must be able to grow remarkably quickly within its market for an Angel to consider putting their money anywhere near you.

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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