Henley Business Angels has been selected to become one of Innovate UK's business partners, making the company one of only a few other business angels within the Investor Partner Network.
The Investor Partnerships Future Economy Programme was established by Innovate UK to stimulate research and development in micro, small and medium-sized enterprises. The programme seeks to allow these companies to grow through accelerating the equity investment they receive.
Henley Business Angels' involvement with Innovate UK will provide a wider audience of entrepreneurs greater access to HBA's financial and non-financial resources.
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This partnership means that certain companies, i.e those with a referral from Innovate UK, fulfil eligibility criterion for Henley Business Angels (and other similar businesses) that they may have otherwise not have been able to.
A spokesperson for Henley Business Angels said: ''The Future Economy Programme will undoubtedly provide interesting investment proposals, and Henley Business Angels is looking forward to being able to offer greater deal flow opportunities to its members.
''As a network, Henley Business Angels has a passion for supporting, investing and mentoring entrepreneurs engaging in innovative research and solutions. A key pillar of the network is a focus on elevating entrepreneurs, and ensuring the sustainability of the entrepreneurship ecosystem, by providing coaching throughout the application process and beyond.''
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