The Funding Process

  1. Submitting a plan - Send a copy of your executive summary or business plan to companies@lbangels.co.uk. Ensure you state the following clearly in your email:
    • Company Name
    • Funding Requirement
    • Sector + Stage
    • Location (we can only consider UK opportunities)
       
  2. Business Plan review - A member of the London Business Angels investment team will carefully assess the plan - we may contact you if we have any questions about your documents prior to inviting you in.
     
  3. Initial meeting - Should the team feel your business plan fits our selection criteria we will invite you to our offices in London for an initial meeting to review all aspects of your company. This meeting normally takes two to three hours and is a two way process - please feel free to ask us anything about the investment process.
     
  4. Company presentation offer letter - If successful you will be invited to register with London Business Angels to pitch at our next Company Presentation Event. You will be one of six EIS eligible companies and will present your business proposal directly to the London Business Angels Network of investors.
     
  5. Company presentation training sessions - After you register, you will be required to attend two half-day training sessions at our offices to help you prepare for your funding pitch, as well as extensive support by telephone and email to help you get investment ready, As part of these training sessions you will be provided with guidance on your presentation and executive summary contents, an overview of how to raise business angel funding, complimentary legal advice as well as training on delivery of your pitch from our professional coaches.
     
  6. Company presentation event - The big day. You will have 11 minutes to present your business directly to up to 80 of our active investors, followed by 3 minutes Q&A. You will also have a stand at the event with which to present your product or service, with plenty of networking opportunities throughout the evening to discuss your business opportunity with our investors and hand out copies of your business plan.
     
  7. Syndicate Meetings - Following the event you will arrange syndication meetings with our investors with a view to securing your funding. We will continue to be available to offer advice to help you along the way, as well as providing free access to our board rooms to hold your syndicate meetings with our investors.
     
  8. Securing Funding - Success! We will work with you develop a press release, to be published on our website, Twitter, the BBAA website and BBAA Newsletter amongst others, and hope you will keep in touch. A number of companies who have successfully raised LBA funding have come back to us again for follow on investment through the network.