Earlier this month, Hallidays brought together investors and entrepreneurs at their third Stockport Business Angels event in conjunction with North West Business Angels.
At this ‘Dragons Den’ style event 5 entrepreneurs and innovators pitched their products and services to an audience of successful Stockport Business Angels to secure investment.
The businesses pitching included The Link App, founded by Lauren Riley who appeared in the BBC Apprentice programme in 2014. As a qualified family solicitor Lauren created The Link App to improve communication between lawyers and their clients.
Lauren Riley said:
“Fresh well-paced event from which we received an impressive amount of angel investment interest. I was particularly impressed with the volume of experienced technology investors attending.”
Also pitching at the event were Bee Industrious, market research and insight specialists based in Manchester. They were recently finalists at Venturefest 2017. Nick Richardson, Managing Director said:
“Today’s event was really positive. Room full of great people with a real appetite for investment. You really sense that deals will be done which reinforces the credibility of our business model & potential.”
With a room full of investors, the pitches were lively and deals were already being discussed over the business lunch. Steve Wall, NW Business Angles said:
“Our last Stockport Business Angels Event was a great success, with 60% of the investment sought being achieved, equivalent almost £400K. This is remarkable considering the national average for such an event is around 15%! We have high hopes that over the next few weeks our pitchers will receive offers that will enable them to drive their businesses forward and achieve their dreams.”
Phil Eagle, Hallidays Director emphasises the tax benefits for investors:
“As well as being an exciting opportunity to support a young business to rapidly grow, there can also be significant tax benefits in being an investor if the investment qualifies for Enterprise Investment Scheme (EIS) or Seed Enterprise Investment Scheme (SEIS). This should only be a consideration if investors are happy with the merits of the investment opportunity”.