Business angels must raise their game

According to the National Business Angels Network (NBAN), industry practitioners should be doing more to raise the standard of support and advice given to small busineses looking for business angel investment. The group's managing director Bernard Hallewell has suggested that some entrepreneurs with sound business ideas and models are suffering at the hands of a few unscrupulous practitioners, who overcharge for poor service, to the detriment of the rest of the market. Hallewell believes that the 'road to equity' should be as straightforward as possible in order to build a more transparent and professional practitioner community. NBAN was launched in 1999 as a clearing house for business angels and companies seeking investment funds. The organisation is supported by the DTI and sponsored by a number of firms including Barclays, Lloyds TSB, HSBC, NatWest and Royal Bank of Scotland.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• UK / Ireland