UK business angels embrace crowd funding for the first time

For the first time in the UK, smaller and hobbyist investors will be able to invest their money together with ultra-exclusive groups of private investors. Innovative online investment platform, SyndicateRoom.com (SR) has enabled a ‘crowd funding’ system for investing thanks to a partnership with Cambridge Capital Group (CCG), an exclusive group of private investors and one of the top UK business angel networks.

SyndicateRoom membership is free and investors can register online at www.syndicateroom.com, whilst membership of the exclusive Cambridge Capital Group is reserved for wealthy individuals looking for a pre-screened flow of investment opportunities.

For the first time in the UK, smaller and hobbyist investors will be able to invest their money together with ultra-exclusive groups of private investors. Innovative online investment platform, SyndicateRoom.com (SR) has enabled a ‘crowd funding’ system for investing thanks to a partnership with Cambridge Capital Group (CCG), an exclusive group of private investors and one of the top UK Business Angel networks.

With this system, smaller investors that are SR members can invest from £500 upwards directly into real Business Angel investments together with CCG members who potentially invest several hundreds of thousands of pounds. Whilst SR members will not be able to influence the companies’ strategy, they get exactly the same economic deal as the experienced Business Angels, making the same profit pound for pound as the larger investors if the business succeeds. Depending on their personal circumstances, both SR and CCG members can benefit from tax reliefs such as the Seed Enterprise Investment Scheme which returns 50 per cent of the amount invested, whilst profits do not pay any tax.

Gonçalo de Vasconcelos, founder of SyndicateRoom, says:“Until now, if you wanted to invest in start-ups, you had two very different avenues: you either belonged to ultra-exclusive angel networks to have access to the top start-ups, or you would invest through crowd funding platforms in all sort of start-ups. We thought we would change that by giving smaller investors the opportunity to co-invest with Business Angels in the most ambitious start-ups - an innovation in crowd funding called Syndicate Funding”.

Struan McDougall, CEO of Cambridge Capital Group, explains why wealthy individuals are open to the idea of smaller investors to invest in the same deal:  “Our members already share many deals with other Business Angels networks, but Syndicate Room platform will allow us to close rounds quicker and with a wider range of investors which is great news for entrepreneurs and investors”.

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·         About SyndicateRoom

SyndicateRoom is a premium online equity crowd funding platform that allows its members to co-invest in exciting startups with Business Angels.

Website - www.syndicateroom.com

·         About Cambridge Capital Group

Cambridge Capital Group is a leading private business angel group that backs hi-tech start-ups in Cambridge, Europe’s leading technology cluster.

Website: www.cambridgecapitalgroup.co.uk

 



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