The document provides information about recent enhancements to the Enterprise Investment Scheme (EIS) and the new Seed Enterprise Investment Scheme (SEIS) and the associated tax benefits for business investors.
The key points are:
1) The EIS income tax relief rate has increased from 20% to 30% and the maximum investment amount per tax year has risen from £500,000 to £1 million.
2) The new SEIS provides income tax relief of 50% on investments up to £100,000 in very early stage companies.
3) Qualifying investments under both schemes provide capital gains tax exemptions and deferrals, making the overall tax relief potentially as high as 78% under SE
1. www.yaba.org.uk
catalyst
Newsletter of the Yorkshire Association of Business Angels Winter 2011/2012
EIS relief – better
than ever before
For a number of years the Enterprise Investment Scheme has provided business investors with
some of the most generous tax reliefs on offer. As a result of the government’s increasing
desire to encourage investment in small and new start-up companies, the existing rate of EIS
income tax relief has been increased and a new relief has been introduced, specifically aimed
at start-up businesses.
Enterprise Investment Scheme (EIS) Seed Enterprise Investment Scheme
As part of the Chancellor’s 2011 “open for (SEIS)
business” budget, he announced that, with This new scheme will provide income tax
effect from 6 April 2011, the rate at which relief at the rate of 50 per cent on
income tax relief is granted on qualifying qualifying investments made after 31
EIS investments will increase from 20 per March 2012. The aim of this is to promote
cent to 30 per cent. Furthermore, from 6 investment in new businesses. To qualify,
April 2012, the maximum qualifying the investment must be in a new business,
amount an investor can make in a tax year which must be a genuine new venture. In
will rise from £500,000 to £1m. As a result, addition, the company must have fewer
the maximum income tax relief on than 25 employees; it must be unquoted;
qualifying investments becomes £300,000. and it must have assets with a value of
less than £200,000 at the point of
In addition to income tax relief, qualifying investment. The maximum amount of
EIS investments also provide two very investment is £100,000 (meaning
valuable capital gains tax reliefs. One is a maximum income tax relief of £50,000),
deferral relief on gains made on the and the maximum amount a company can
disposal of other assets. The second is an raise under this scheme is £150,000.
exemption from capital gains tax arising on
gains made on the EIS shares themselves. Qualifying SEIS investments will provide
Both of these reliefs are subject to the investor with an exemption from capital
meeting certain qualifying criteria. gains tax arising on assets realised in
Furthermore, in the vast majority of cases 2012/13. The result of these provisions is a
the EIS shares will attract business possible rate of tax relief at 78 per cent.
property relief which exempts them from Continued overleaf...
inheritance tax once the shares have been
owned for two years.
In this issue:
2 Fan Frames is Streets ahead 4/5 University Commercial 7 November Investment Forum
3 Angel profile Evaluation Service pilot 8 Diary dates, Master classes and
Company update 6 Associate member profile contact details
2. 2 Newsletter of the Yorkshire Association of Business Angels Winter 2011/2012
EIS relief – better than ever before is an employee of the issuing company that the tax reliefs afforded to qualifying
(continued from Page 1) or any of its subsidiaries. investments could be viewed as being an
An investor is not precluded from this added bonus to a business investor
Investments relief by virtue of being a director so confident in the investment opportunity.
In light of the significant tax benefits long as he/she is paid on normal
associated with these two schemes, it is commercial terms. This enables business With correct structuring, EIS/SEIS relief
no wonder that both small and new start- angels to invest and obtain the relief and can be obtained by many business
up companies wishing to attract still take an active role in the business angels on investments in companies in
investment - and those looking for an after the investment. which they will have an active
investment opportunity - are anxious to involvement after they have made their
ensure that EIS/SEIS qualifying status The SEIS scheme will not disqualify investment. This allows the business
can be achieved. directors from investing in their own angel access to the tax reliefs and a
companies so long as they do not measure of control over their
The rules for both schemes apply exceed the 30 per cent limit. investment’s performance.
restrictions to the availability of tax relief.
These restrictions include: the company’s By nature, in their basic format, EIS/SEIS In April, BHP Mitchell will be presenting a
trading activities, the type of shares qualifying companies can be small, high- seminar about tax-efficient business
issued and the usage of the funds raised risk ventures and therefore, to many, the structures, including a discussion as to
by the investment. One key rule that often tax benefits associated with a qualifying the availability of EIS/SEIS tax relief and
stands in the way of EIS income tax relief investment are a means to mitigate the how to structure the business and
is that the individual cannot be risk of the investment itself. Whilst this is investment in the best way possible to
connected with the company before the a valid view, many will see EIS/SEIS obtain these valuable reliefs.
investment. Broadly, an individual is investments as having significant return
connected if they or an associate of potential. Many small companies have
theirs (in most cases any relative) owns solid business plans, firm foundations
more than 30 per cent of the company or and/or high growth potential, meaning
Fan Frames Accountants. “We really enjoyed the
experience,” says Fan Frames Director
is Streets Paul Gibson. “It was the first time we
have done a pitch like that and we were
ahead obviously really pleased to win the prize.
The event was also a fantastic
networking opportunity; we met a
Hull based eyewear company Fan
number of potential investors and we’re
Frames Ltd was the winner of a mock
in discussion with some of them now.”
Investment Forum run by Yorkshire Andrew Burton with the winning Fan Frames team
Association of Business Angels (YABA)
Fan Frames is based at The Enterprise
and Hull-based Streets Chartered “We were really pleased with the
Centre in Hull. The company specialises
Accountants. success of the event,” says Streets
in sports-branded eyewear: optical
Chartered Accountants’ Marketing
frames, sun, reading and 3D glasses. Set
Following a slightly different format to a Partner, James Pinchbeck. “One of our
up in February 2011, the company owns
full YABA investment forum, four of the interests is stimulating enterprise in the
the licencing rights for eleven UK football
region’s entrepreneurs – Muddy Boot area and, knowing how difficult it can be
clubs including Celtic, Rangers,
Foods, Antyx Animations, Ed’s Toyland to raise finance in the current economic
Newcastle United, Hull City AFC,
and Fan Frames – delivered their climate, these kinds of events are
Manchester United, Manchester City,
investment opportunities to a panel of invaluable. We’re already planning a full
Liverpool, Everton, Nottingham Forest,
experienced business professionals and Investment Forum with YABA to coincide
Arsenal and Chelsea.
business angel members. with Hull Business Week in June 2012.”
In total, the ‘Dragon’s Den’-style mock
The prize awarded to Fan Frames For more information about Fan Frames,
investment forum event attracted an
included £1,000 worth of business visit www.fanframes.co.uk
audience of more than 40 entrepreneurs
support services and a bottle of For more information about Streets
and professional advisors.
champagne, kindly donated by co-hosts Chartered Accountants go to
and event sponsors Streets Chartered www.streetsweb.co.uk
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3. Winter 2011/2012 Newsletter of the Yorkshire Association of Business Angels 3
ANGEL MEMBER PROFILE
John L Brierley Ltd is 125 years for the individual businesses to carry on
old but it’s changing with the running independently of each other.”
times. YABA business angel Ian Ian’s been a member of YABA for a
Brierley is the fourth generation of couple of years with a view to spotting
his family to run the Huddersfield- possible acquisitions to add to the
based textile manufacturer and company portfolio. Unlike some other
he’s found that diversity is the key business angels, he’s more interested in
to the company’s longevity established companies rather than start-
ups. “It’s lower risk, lower reward than
investing in a new business and that’s a
Although textiles are still important to the
good fit with my overall strategy. But if
business, it’s distribution and processing
the right opportunity was presented –
that the company specialises in now,
who knows?” he says. “It’s great to see
rather than manufacturing. The company Ian Brierley
the ideas and innovations presented at
group also includes a craft business
Investment Forums – they’re always very
which makes pipe cleaners, paper venture to add to the portfolio. “The
interesting and the networking
shapes, pom-poms and sequins for the recycling sector interests me for a few
opportunity is just as valuable to me.”
expanding craft market and to sell into reasons. It’s connected to manufacturing
the education sector via group-buying but it’s not the same as any of our
The long-term plan for the core business
syndicates. current businesses; it also has a
is to continue looking for suitable
sustainable and eco-friendly aspect
acquisitions, preferably located within a
The third arm of the business is an which is important to us. Our aim is to be
one-hour radius of Huddersfield.
acquired turbo-charger company which socially ethical, to treat our employees
Although it’s important to Ian that any
operates from its own premises. “There is well and to contribute to charity when
new acquisitions meet his criteria as far
some synergy and group activity possible. By being successful and
as possible in terms of company size,
between the different businesses,” says profitable as a business we are better
sector, ethos and location, he’s not
Ian. “I’m on the board of each and so placed to fulfil these aims.”
averse to considering a very different
have a strategic overview, but I’m happy
Company update: Little Helper
Little Helper is the company behind ranges and products to add to the
the FunPod®, a multi-award portfolio. “It’s time-consuming and costly to
winning safety device that enables develop all our own products from scratch,
toddlers to have safe and easy so when we see a range without
representation in the UK that we know
access to kitchen worktops. The would be popular and fits with our
product, which allows children to company profile, we try and bring it on
stand at worktop height safely, board,” says Kim. The latest addition is
without fear of falling, was Krooom, an Israeli brand of recycled (and
developed back in 2005 by recyclable) toys and furniture. “It’s made
company Sales and Marketing from cardboard but is treated in such a
Director, Kim Johnson. A syndicate way as to be as strong and robust as
of four YABA members invested plastic but with the added benefit of being
£100,000 in Little Helper in 2008 eco-friendly – something our customers are
and this was the catalyst for the passionate about.”
company’s immediate expansion Little Helper launched in the US in 2011
and continuing success. and is about to launch in Australia and
Germany.
As well as developing and expanding its
range of Funpod products to reflect “We’re growing and continuing to be
changing tastes in interiors and incorporate successful,” says Kim. “The investment
new features, Little Helper now has its own was the springboard we needed to get a
high chair range and is the exclusive UK wide distribution for our products, plus Max
stockist of Baby Boum – a Belgian Davidson’s ongoing guidance as NED has
sleepwear and bedding brand. The continued to be invaluable.” The Krooom range shows its strength
company is continually on the lookout for
Join us on YABA information: 01423 810149 www.yaba.org.uk
4. 4 Newsletter of the Yorkshire Association of Business Angels Winter 2011/2012
University Commercial
Evaluation Service pilot
The first Assessment Forum cohort with YABA Manager, Barbara
Greaves (centre), Mike Booth (3rd from right) and Neil Smith (far right) also suggested further areas of
commercial potential that we’d not
A new service to appraise become involved at an earlier stage in the foreseen, which was great.
commercial opportunities arising commercialisation process.”
from university research in the There’s always an element of risk when
region was trialled in October as a The first Assessment Forum was hosted working with early stage products that
potential further addition to YABA’s by Leeds Metropolitan University on 25 may have commercial potential, but the
portfolio of business activities. October at Old Broadcasting House in evaluation service initiative will be useful
Leeds. Two research projects, from the in helping to put us on a more solid
University of Hull and Leeds Metropolitan footing as to the direction and best
The aim of the new Commercial
University, were presented and discussed markets to head for.”
Evaluation Service is to co-ordinate
with a panel of four business angels.
discussions about specific new
technologies, products and services Presenting at the event was Hilary Hamer,
Feedback from the event was entirely Industry Liaison Manager of an innovative
between business angels, the academics
positive. Andrew Raby, Business digital technology developed at the
and the University’s commercialisation
Development Manager at Leeds University of Hull which tracks food
managers.
Metropolitan University, said: consumption in controlled environments
Says YABA Manager Barbara Greaves: such as hospitals, care homes and
“The panel’s experience was highly prisons.
“We hope to show that this is an ideal
relevant to the research project we
partnership which will forge closer links to
presented and they offered valuable and
university technology transfer offices. The Both Hilary and co-inventor Matthew Taylor
specific advice and information, both to
region’s universities have a steady flow of believe that the evaluation service could
the academic and to me, in terms of how
potential business opportunities, and this become a very popular offer from YABA.
we might best proceed with this project.
new service offers both support to Hilary said: “It’s highly unusual for
We were pleased to hear that we were on
business development managers in their researchers with a fledgling business
the right track and to have the extra input
decisions about the commercial potential proposition to have the opportunity to
as to what our next steps could be and
of new business ideas, as well as an discuss ways forward with exactly the
how these could be taken forward. They
opportunity for investors who might like to right industry experts. We all want to know
YABA information: 01423 810149 www.yaba.org.uk Follow us on
5. Winter 2011/2012 Newsletter of the Yorkshire Association of Business Angels 5
A N G E L V I E W: N E I L S M I T H
Already a volunteer mentor advising them in particular to
for a ‘Business Buddies’ concentrate on who would buy the
product, rather than developing a
community scheme which product or service – however innovative
helps unemployed people and brilliant – that doesn’t have a
start up their own defined customer base. I wouldn’t want
businesses, Neil Smith from to stifle research for research sake, but
Clear Image MMS Ltd was having an end game is key if you want
delighted to be invited onto to commercialise.
the panel.
As YABA members, we see many
investment opportunities through the
"I thoroughly enjoyed the event and
Investment Forums and intranet that
would definitely take part again. I
have thought out their
initially got involved because I like
commercialisation direction, so to see
helping young businesses get on the
them at a pre-investment stage is really
right track, and I was intrigued to see
interesting."
what early stage innovations might be
presented by universities that broadly
matched my experience. Amazing
products can arise from blue skies
research but I think it’s important for
academics to be clear about the best
and most lucrative potential markets for
innovative research as early as
possible, otherwise progress can
quickly become unfocused. This is
where I think the panel were able to
add most value to the academics,
‘is there really a commercial application
here? Can it be profitable?’ and for us,
this event managed to condense what
would have taken a protracted period of
investigation and market research into a A N G E L V I E W: M I K E B O OT H
morning’s discussion. This is hugely
important as this sector moves quickly “I thought this was an extremely different and interesting opportunity to
and if we’re to capitalise on our research worthwhile event and, from talking to get involved with early stage ventures.
outcomes then we need to make some the academics, they agreed. For the The benefit to the enterprise is that the
decisions in a short timeframe.” panel, there was a ‘feel-good factor’ in business experience of the panel can
offering objective and constructive help to steer it in a commercially viable
A second event is being planned which feedback, to help crystallise thoughts direction, avoiding some of the pitfalls
may be hosted by the University of
about where embryonic businesses which can only too easily hamper the
Huddersfield. Says Barry Timmins, the
need to go and what they need to do to development of a young business.
University’s head of Business
Development & IP Commercialisation: get there. I particularly enjoyed the
“It’ll be great to meet and build open discussion format, which allowed I think this service could be a valuable
relationships with sector experts and the parties to talk freely and sparked addition to YABA’s portfolio of services
angel investors in the region – this is constructive ideas. I think it is also supporting the region’s business
something that I can see becoming a useful to involve panel members from community, I’d like to see it continue
very valuable aspect of YABA’s service.” non-related sectors, as a bit of lateral and I would happily take part again.
thinking can have a really positive The medium to longer term benefit is
effect. that it’s adding to the pipeline of
For further information about the
investable local companies."
commercial evaluation service,
It’s not often we see pre-investment
please contact Barbara Greaves
propositions like this and, from an
on barbara@yaba.org.uk or
investor’s point of view, it offers a very
01423 810149
Join us on YABA information: 01423 810149 www.yaba.org.uk
6. 6 Newsletter of the Yorkshire Association of Business Angels Winter 2011/2012
A S S O C I AT E M E M B E R P RO F I L E
Irwin Mitchell Irwin Mitchell became an Associate
Member of YABA in early 2011, after a
meeting with YABA’s South Yorkshire
As one of the largest full service Ambassador, Catherine Kennedy. Irwin
law firms in the country, Irwin Mitchell is hosting a Master class in the
Mitchell aims to promote the current series and Paul sees the benefit of
benefits of obtaining timely legal getting involved in this way: “It’s great to
advice and break down be able to open our doors to new people,
misconceptions about the showing them the human face of a legal
firm and what we have to offer,” he says.
perceived expense of consulting a
“Although YABA angel members are
lawyer. The company’s business experienced business people and
clients range from small to medium- accustomed to consulting lawyers, Irwin Paul Firth of Irwin Mitchell
sized firms to multinational Mitchell has the expertise to help both
companies with a more complex investors and entrepreneurs and
set of legal requirements, but one becoming involved with YABA has allowed business partners in effect, so that we add
thing remains the same – Irwin us to demonstrate this.” value by building relationships, knowing
their history and therefore advising them
Mitchell’s dedication to building a better.”
Irwin Mitchell sponsored YABA’s investment
relationship with them.
forum held at the AMP Technology Park in
September and several of Paul’s Already dedicated to supporting start-ups
Paul Firth is the Regional Managing Partner colleagues took the opportunity to and large companies, Irwin Mitchell has
at Irwin Mitchell in Sheffield. “Changes in experience what happens at a YABA event. also identified the ‘intrapreneur’ – an
the legal world have meant that law firms “They were amazed at the energy and established business person or company
need to be more accessible as well as enthusiasm of the presenters at the with a new idea that they want to take
more transparent in their pricing investment forum – finding the range of forward. Paul explains: “We can advise a
structure,” he says. “We’ve set up a fixed- business or an individual on the best way
products and services staggering,” he
price legal service for entrepreneurs and to proceed, whatever stage they’re at and
says. Irwin Mitchell has also sponsored the
small businesses where initial advice on whatever level of support they need –
MADE Festival and StartUp Britain: “We
that’s our strength.”
an issue can be given for just £50 plus want to be in there at the ground floor of a
VAT without the ‘meter running’ as may new venture, and build a lasting
www.irwinmitchell.com/business
have been the perception in the past.” relationship with our clients – become
Engineering students head for poll position, thanks to YABA
A team of talented engineering students Advisory Service (MAS), a government-funded investment forum by Catherine Kennedy, YABA’s
from the University of Sheffield is initiative that acts as a knowledge broker for the South Yorkshire Ambassador! I wish them all the
region’s manufacturing industry. best in the 2012 competition, and hope they do
revving up for their best performance
Sheffield proud again.”
yet at the 2012 Formula Student Peter facilitated introductions to MAS clients in
competition, after securing sponsorship the region and, as a result, the team secured a For further information, please see
and support through a YABA meeting with Stauff, a high-end hosing www.sheffieldformularacing.co.uk. If you can
Investment Forum. manufacturer, which offered to become their first help the students with sponsorship, advice or
official national sponsor, as well as providing any other support, please contact Barbara
Held in the UK since 1998 and organised by the essential machining support. The team has also Greaves, YABA manager on
Institution of Mechanical Engineers, the Formula secured a second sponsorship from Sheffield- Barbara@yaba.org.uk or 01423 810149
Student competition challenges university based Eldon Tools, who are manufacturing
students from around the world to design and machine parts for the team.
build a single-seat racing car, which is then
tested at the famous Silverstone Circuit. Says the Sheffield Formula Racing team leader
David Rhys: “Meeting Peter at the YABA event
In March 2011, two teams of engineering was brilliant as it kick-started a chain reaction of
undergraduates from the University of Sheffield really positive things; we felt like a door opened
and Sheffield Hallam University presented their for us.”
aspirations to take part in the 2011 event during
an Investment Forum hosted by the Advanced “Companies usually come to MAS looking for
Manufacturing Park (AMP), hoping to secure advice on solving problems with manufacturing
sponsorship or practical support from YABA processes and production, so in one sense I
members. The presentation by the University of was just doing my job,” says Peter. “I’m keen to
Sheffield’s Marissa Bole led to a meeting with support future engineers and I was very
YABA guest delegate Peter Rooney, representing impressed with their ambition and attitude. It’s
The University of Sheffield Formula Student team
the South Yorkshire-based Manufacturing fortunate that I’d been invited to that particular
YABA information: 01423 810149 www.yaba.org.uk Follow us on
7. Winter 2011/2012 Newsletter of the Yorkshire Association of Business Angels 7
I N V E S T M E N T F O RU M
York, November 2011
New chocolate and drinks brands were on Big Rich Films, London
the menu at the November Investment
Requirement: Min. investment £5,000
Forum, along with a whole host of other
businesses that whet the audience’s This company is seeking investment in its
sensory appetites… new film, Dyson with Death. With a track
record in creating and producing
commercial films, the company is looking
As YABA Chair Andrew Burton pointed out for investors who are able to make a
at the end of the Investment Forum, there minimum investment of £5,000.
really was something among the presenting –––––––––––––––––––––––––––––––––––––––––––––––––
companies to satisfy most interests. “You
can eat and drink it, get on your bike to OblinArk, Leeds
work off the calories and, if you fall off Requirement: £960,000
Turbo Drinks Company
your bike, there’s a technology here that OblinArk has created an innovative and
might help fix you,” he said. effective floating hydro-wheel for power
Turbo Drinks Company, Leeds generation and has interest from bodies
Requirement: £250,000 such as British Waterways. It seeks
With a management team experienced in investment to help capitalise fully on its
the drinks industry, this company has potential.
created innovative drinks which bridge the –––––––––––––––––––––––––––––––––––––––––––––––––
gap between conventional lagers and
beers, and alcopops. Montague Healthcare,
––––––––––––––––––––––––––––––––––––––––––––––––– Nottingham
Get Cycling CiC, York Requirement: £500,000
Requirement: £100,000 Montague Healthcare is seeking investment
This well-established company has to bring its prototype technology – a new
innovated to ensure its sustainability and is approach to diagnostics – to market,
Networking at the York Investment Forum initially developing the technology for
seeking investment in its disability cycles
retail operation. diabetes screening.
Held in partnership with York St John –––––––––––––––––––––––––––––––––––––––––––––––––
University and with the support of ICAEW Travelnet, Manchester
Business Advice Service, the ten Requirement: £250,000
companies presenting their businesses did
This web business provides consumers
so to a packed audience.
with a ‘one stop shop’ for all airline and
airport options across the UK. Having
Brannan Tempest of OblinArk, a company proven the technology the company now
that has developed an innovative power seeks investment to fund growth activities.
generation hydro-wheel, says he found the –––––––––––––––––––––––––––––––––––––––––––––––––
Forum incredibly useful. “I made a lot of Enjoy Chocolate, Huddersfield
excellent contacts at the event and as a Requirement: £200,000
result I’ve met with quite a few potential
investors,” he says. “It can be difficult to With listings in several major retailers, Enjoy IC Innovation
find finance and it offered the chance to Chocolate’s branded confectionary offer,
connect with people who are actively called ICONS, now requires investment to
interested in investing.” ensure its growth so far can be sustained IC Innovations, Sheffield
into the future. Requirement: £150,000
––––––––––––––––––––––––––––––––––––––––––––––––– Having successfully designed,
Presenting companies: Neotherix, York manufactured, imported and distributed
Requirement: £180,000 FMCG goods into the UK for six years now,
The Music Jar, Stockport Originally a spin-out from Smith & Nephew,
this company is looking to significantly
Requirement: £500,000 scale up and requires investment to help it
Neotherix develops novel tissue scaffolds to
reach its goals.
Offering music free downloads for speed up and enhance the repair of
broadcast, revenues have been healthy for wounds. It has match funding for the
this young business, which now seeks amount it seeks, which will enable it to Photos: Simon x2 Photography
www.simonandsimonphoto.co.uk
finance to help fund its growth. bring its major product to market.
Tel: 01937 844442
Disclaimer: Investment in new business carries high risks as well as the possibility of high investments of this kind. Yorkshire Association of Business Angels (“YABA”) cannot advise on
rewards and potential investors should be aware that no established market exists for the the merits or risks of investment and is not authorised to arrange transactions or circulate
trading of shares in private companies. Before investing in a project about which information offer documents under the Financial Services and Markets Act 2000. YABA is an exempt
is given, potential investors are strongly advised to take advice from a person, authorised body for the purposes of arranging deals in investments under statutory instrument 1201 of
under the Financial Services and Markets Act 2000 (“FSMA”), who specialises in advising on 2001 as a non-profit making organisation.
Join us on YABA information: 01423 810149 www.yaba.org.uk
8. 8 Newsletter of the Yorkshire Association of Business Angels Winter 2011/2012
Diary dates
YABA runs a full and varied events
calendar each year – if you’re interested
in attending any of these events, please
Expo of inspiring science,
contact us on 01423 810149, or email
our Communications and Events
technology and innovations
Manager, Charlotte Atkinson at Wednesday 8 February, York Racecourse
charlotte@yaba.org.uk
Venturefest Yorkshire showcases the region’s finest science, technology
and innovation entrepreneurs and brings them together with the
08 February professionals who support them.
Venturefest Yorkshire 2012
Investment Competition Events during the day include:
Location: York Racecourse • The Investment Competition organised by YABA and sponsored by The
Shepherd Group. Up to eight start-up or early stage companies will pitch to
Time: 9.00am
win a prize worth in the region of £30,000 as well as receiving publicity and
possible private equity investment
14 February • Angel members and angel guests lunch sponsored by Ellis IP Ltd
Master class • The Innovation Showcase where 36 of the best young companies in the
Exit strategies region will exhibit and promote new ideas
Location: Nabarro LLP Sheffield
, • A large exhibition where delegates can network with suppliers
Time: 9.00am • Breakfast networking
• A dinner and awards ceremony
• Opportunities for young people to showcase their enterprising potential
20 March • A variety of seminars and a high profile debate all designed to educate and
Investment Forum inspire both the entrepreneurs of today and of the future
Global Manufacturing Festival fringe event
All entrants to the Investment Competition benefit from increased visibility to
Location: AMP Rotherham
,
potential investors. Last year’s winner, Owen Dukes of York-based Propalms, is
Time: 5.45pm
positive about its benefits. “The competition certainly raised our profile among
the business angel and venture capital community and we received a lot of
24 April publicity as a result,” he says. “The business services prizes have proven very
Angel seminar useful and are available for us to use when it suits our needs. It’s a great way to
Tax planning for investments (EIS/SEIS) meet potential investors.”
Location: Carrwood Park, Leeds Come and visit YABA on Stand 3.
Sponsored by: BHP Mitchell
For further information please contact charlotte@yaba.org.uk or visit
Time: 8.15am
www.venturefestyorkshire.net
www.shepherd-group.com
www.ellis-ip.co.uk
New Faces
The YABA associate membership continues to grow
– our most recent new recruit is:
Watts Associates Ltd - www.watts-associates.co.uk
www.twitter.com/yaba1995
Contact us Yorkshire Association Barbara Greaves, Members of:
Copy: Campus PR
If you want to know of Business Angels Charlotte Atkinson www.campuspr.co.uk
more about YABA 1 Hornbeam House or Jordana Beattie Tel: 0113 357 2100
or come to an Hornbeam Park T: 01423 810149 Design: Spiral
investment forum, Hookstone Road E: admin@yaba.org.uk www.spiralcom.co.uk
please get in touch. Harrogate HG2 8QT W: www.yaba.org.uk Tel: 0113 205 1400
YABA information: 01423 810149 www.yaba.org.uk