The UKBAA added that the findings come as 13 million investors declare they are looking to invest in drone tech in 2018 – more than any other new-age technology.“The research reflects the huge range of innovative technologies, products and services being developed here in the UK and demonstrates a strong capacity for scale and market disruption,” said Jenny Tooth, chief executive of the UKBAA. “We are delighted to continually recognise and highlight the success stories of the fantastic entrepreneurs in these sectors, as well as the contribution made by their investors who bring such vital finance and support investments. “At the UKBAA, we are supporting the UK’s tech growth with capacity building actions, including new regional Angel Hubs, combined with our new national e-learning programme on angel investing”.
How do you raise finance if your business unites two usually quite disparate industries? This was a challenge faced by Stagedoor, a platform fusing tech and theatre.
SMEs looking for investment would do well to target younger investors. According to the UKBAA’s research, 36% of 18-34-year olds said that having IP/ infrastructure that can be scaled globally is important when considering whether to invest or not in a SME. An even more impressive 47% of the same age-group said they are more inclined to invest into an internationally scalable business as a result of Brexit.
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