Building a thriving and accessible angel investment ecosystem for Greater Manchester tech

by Charlotte Scott|5th November 2018


The Tech Nation Report 2018, published earlier this year, says that the number one challenge faced by start-ups in Manchester’s tech cluster is access to funding. This is particularly acute in early stage funding which is typically provided by angel investors.

In our 2014 report Technology Enterprise in Greater Manchester, we said that “for the start-up or small SME, finding funding can be a chaotic process” because, although “there are many active high net worth individuals in the NW who regularly make significant investments in early stage businesses….their profile is low, preferring to stay within their small networks…”.

This is why, last year, Manchester Tech Trust began an initiative to bring together a new angel investor group, focussed on providing early stage finance to technology and science businesses. We are delighted to report that this group, Manchester Tech Trust Angels, has just made its first investment of £350k in biomedical AI company, Biorelate, alongside Maven Equity Finance and Catapult Ventures.

Join the Manchester Tech Trust in partnership with the University of Manchester at the National Graphene Institute (NGI) at 13.45 pm on 28th November for a unique insight into angel investment in the city, an opportunity to meet other people who are active angel investors and start-ups who have benefited from this. We have a line-up of internationally recognised speakers and panellists, including Peter Cowley, chair of Cambridge Angels and Helen Oldham, founder of NorthInvest, promising an afternoon of enlightenment, discussion and debate.

For more information, speaker biographies and to register, please go to our Eventbrite page.

I look forward to seeing you on the 28th November.

Best wishes,

Peter Lusty
Manchester Tech Trust