File: //home/investoo.co.uk/public_html/news/angel-investing-recognised-bbaa-national-awards-30-june.html
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" lang="en" xml:lang="en">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
<title>Angel Investing recognised at BBAA National Awards 30 June | INVESTOO</title>
<link rel="canonical" href="https://investoo.co.uk/news/angel-investing-recognised-bbaa-national-awards-30-june" />
<meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
<link rel="shortcut icon" href="../sites/all/themes/bbaa_theme/favicon.ico" type="image/x-icon"/>
<link type="text/css" rel="stylesheet" media="all" href="../sites/default/files/css/css_e76043c5d0c8eb96a9ba44e199940fec.css"/>
<link type="text/css" rel="stylesheet" media="all" href="../sites/all/themes/fusion/fusion_core/css/grid12-960.css"/>
<!--[if IE 8]>
<link type="text/css" rel="stylesheet" media="all" href="/sites/all/themes/fusion/fusion_core/css/ie8-fixes.css" />
<![endif]-->
<!--[if IE 7]>
<link type="text/css" rel="stylesheet" media="all" href="/sites/all/themes/fusion/fusion_core/css/ie7-fixes.css" />
<![endif]-->
<!--[if lte IE 6]>
<link type="text/css" rel="stylesheet" media="all" href="/sites/all/themes/fusion/fusion_core/css/ie6-fixes.css" />
<link type="text/css" rel="stylesheet" media="all" href="/sites/all/themes/bbaa_theme/css/ie6-fixes.css" />
<![endif]-->
<script type="text/javascript" src="../sites/default/files/js/js_486ae9276cd0e64e164bd8187acdafb4.js"></script>
<script type="text/javascript">
<!--//--><![CDATA[//><!--
jQuery.extend(Drupal.settings, {"basePath":"\/","googleanalytics":{"trackOutgoing":1,"trackMailto":1,"trackDownload":1,"trackDownloadExtensions":"7z|aac|arc|arj|asf|asx|avi|bin|csv|doc|exe|flv|gif|gz|gzip|hqx|jar|jpe?g|js|mp(2|3|4|e?g)|mov(ie)?|msi|msp|pdf|phps|png|ppt|qtm?|ra(m|r)?|sea|sit|tar|tgz|torrent|txt|wav|wma|wmv|wpd|xls|xml|z|zip"}});
//--><!]]>
</script>
</head>
<body id="pid-news-angel-investing-recognised-bbaa-national-awards-30-june" class="not-front not-logged-in page-node node-type-news no-sidebars full-node layout-main sidebars-split font-family-myriad font-size-13 grid-type-960 grid-width-12">
<div id="page" class="page">
<div id="page-inner" class="page-inner">
<div id="skip">
<a href="#main-content-area">Skip to Main Content Area</a>
</div>
<!-- header-top row: width = grid_width -->
<!-- header-group row: width = grid_width -->
<div id="header-group-wrapper" class="header-group-wrapper full-width">
<div id="header-group" class="header-group row grid12-12">
<div id="header-group-inner" class="header-group-inner inner clearfix">
<div id="header-site-info" class="header-site-info block">
<div id="header-site-info-inner" class="header-site-info-inner inner">
<div id="logo">
<a href="/" title="Home"><img src="../sites/default/files/bbaa_theme_logo.png" alt="Home"/></a>
</div>
</div><!-- /header-site-info-inner -->
</div><!-- /header-site-info -->
<div id="block-menu-primary-links" class="block block-menu odd first last grid12-12 fusion-inline-menu">
<div class="inner clearfix">
<div class="content clearfix">
<ul class="menu"><li class="leaf first"><a href="/" title="Welcome">Home</a></li>
<li class="collapsed"><a href="../about" title="About Us">About</a></li>
<li class="collapsed"><a href="../membership" title="Membership">Membership</a></li>
<li class="collapsed"><a href="../member-directory" title="Member Directory">Investment Directory</a></li>
<li class="collapsed"><a href="../entrepreneurs" title="Entrepreneurs">Entrepreneurs</a></li>
<li class="collapsed"><a href="../investors" title="Investors">Investors</a></li>
<li class="leaf"><a href="../sponsors" title="Sponsors">Sponsors</a></li>
<li class="collapsed"><a href="../news" title="">News</a></li>
<li class="collapsed"><a href="../events" title="">Events</a></li>
<li class="collapsed last"><a href="../research-policy" title="Research & Policy">Research & Policy</a></li>
</ul> </div>
</div><!-- /block-inner -->
</div><!-- /block -->
</div><!-- /header-group-inner -->
</div><!-- /header-group -->
</div><!-- /header-group-wrapper -->
<!-- preface-top row: width = grid_width -->
<!-- main row: width = grid_width -->
<div id="main-wrapper" class="main-wrapper full-width">
<div id="main" class="main row grid12-12">
<div id="main-inner" class="main-inner inner clearfix">
<!-- main group: width = grid_width - sidebar_first_width -->
<div id="main-group" class="main-group row nested grid12-12">
<div id="main-group-inner" class="main-group-inner inner">
<div id="main-content" class="main-content row nested">
<div id="main-content-inner" class="main-content-inner inner">
<!-- content group: width = grid_width - (sidebar_first_width + sidebar_last_width) -->
<div id="content-group" class="content-group row nested grid12-12">
<div id="content-group-inner" class="content-group-inner inner">
<div id="content-region" class="content-region row nested">
<div id="content-region-inner" class="content-region-inner inner">
<a name="main-content-area" id="main-content-area"></a>
<div id="content-inner" class="content-inner block">
<div id="content-inner-inner" class="content-inner-inner inner">
<h1 class="title">Angel Investing recognised at BBAA National Awards 30 June</h1>
<div id="content-content" class="content-content">
<div id="node-247" class="node odd full-node node-type-news">
<div class="inner">
<div class="content clearfix">
<div class="field field-type-civicrm-cck-contact field-field-member">
<div class="field-items">
<div class="field-item odd">
<div class="civicrm_cck"><a href="../member/BritishBusinessAngelsAssociation">British Business Angels Association</a></div> </div>
</div>
</div>
<div class="field field-type-date field-field-date">
<div class="field-items">
<div class="field-item odd">
<span class="date-display-single">4 July 2011</span> </div>
</div>
</div>
<p>
Nearly 200 people gathered together in the unique setting of the <strong>Museum of London,</strong> to celebrate achievement for early stage investors and entrepreneurs at the <strong>BBAA National Awards, </strong>on <strong>Thursday</strong> <strong>30 June.</strong></p>
<p>
Describing his own journey from early stage Cambridge spin-out, to an international, $7bn-cap, FTSE 100 business, guest speaker <strong>Dr Mike Lynch</strong>, founder of <strong>Autonomy </strong>spoke about the key role that Angel investment had played in the early growth of his company. “The pipe from start-up to world-class business is now unblocked and Angels are a significant part of this process. We are going through a period of explosive change with many opportunities for small businesses. Now is the time for the Angel community to be vocal and champion success” said Lynch.</p>
<p>
The event, backed by <strong>City of London Corporation </strong>recognised the importance of angel investing for the growth of innovating small businesses.<strong>Tim Campbell</strong>, ex Alan Sugar’s Apprentice, Founder of the Bright Ideas Trust, presided over the ceremony with seven awards presented to entrepreneurs and investors across key areas of the market.</p>
<p>
<strong>The BBAA Awards Winners for 2011 were</strong>:</p>
<ul>
<li>
<strong>Angel-VC Investment of the Year</strong>: ELONICS – Investors: Scottish Equity Partners with Octopus</li>
<li>
<strong>Angel Mobile Investment of the Year</strong>: ipadio- Investors: London Business Angels and LBA EIS Fund</li>
<li>
<strong>Angel Med Tech-Healthcare Investment of the Year</strong>: Fertility Focus – Investors: Envestors & Midven</li>
<li>
<strong>Angel Clean Tech Investment of the Year</strong>: Syrinix Ltd- Investors: London Business Angels EIS Fund and London Business Angels</li>
<li>
<strong>Angel Social Impact Investment of the Year</strong>: Panahpur Foundation (James Perry) – Nominated by Charity Bank, Finance South East; Resonance Fund and Fair Finance</li>
<li>
<strong>Early Stage Team of the Year</strong>: Northstar Ventures</li>
<li>
<strong>Angel Investor of the Year</strong>: Dale Murray</li>
</ul>
<p>
<br/>
<strong><u>Detailed opinions of the Judges:</u></strong></p>
<p>
<strong>Angel-VC Investment of the Year</strong>:<br/>
ELONICS – Investors: Scottish Equity Partners with Octopus</p>
<p>
<em>The judges felt that the scale of the transaction and the level of contribution from the Angels was an excellent demonstration of Angels and VCs working together to conclude a major funding round. We believe that co-operation of this type represents the future for early stage technology funding.</em></p>
<p>
<strong>Angel Mobile Investment of the Year</strong>:<br/>
Ipadio- Investors: London Business Angels and LBA EIS Fund</p>
<p>
<em>With the ability to link a telephone call from any telephone, anywhere in the world to a website,the Judges felt that this was a highly innovative concept and technology offering and could become the new ‘Skype’. Ipadio provides a substantial growth opportunity, having gained strong traction with several referenceable blue chip customers. It combines strong financial performance with a highly attractive revenue model and strong execution from Management</em></p>
<p>
<strong>Angel Med Tech-Healthcare Investment of the Year</strong>:<br/>
Fertility Focus – Investors: Envestors & Midven</p>
<p>
<em>The judges felt that Fertility Focus has demonstrated the capability to halve the time and cost in the growing market of female infertility which could be transformative. Moreover the angel investment has encouraged not only parallel VC investment, but also corporate investment from a partner who will aid access to the important US market.</em></p>
<p>
<strong>Angel Clean Tech Investment of the Year</strong>:<br/>
Syrinix Ltd- Investors: London Business Angels EIS Fund and London Business Angels</p>
<p>
<em>Syrinix impressed the Judges with their approach to the water market and the fact they are already securing orders. With advances in technology — sophisticated sensor networks, smart metering and analytics, Syrinix enables water companies to be smarter about how they manage mains supplies and prevent leakages. Syrinix is a viable business in a growth market. </em></p>
<p>
<strong>Angel Social Impact Investment of the Year</strong>:<br/>
Panahpur Foundation (James Perry) – Nominated by Charity Bank, Finance South East; Resonance Fund and Fair Finance</p>
<p>
<em>The judges noted that this was a very competitive category, and this is an encouraging sign for the future involvement of Angels in social investing. James Perry with the Panahpur Foundation demonstrated personal commitment, drive and professionalism in creating a vehicle which could have profound long term benefits to social investing</em></p>
<p>
<strong>Early Stage Team of the Year</strong>:<br/>
Northstar Ventures</p>
<p>
<em>The judges felt that Northstar has been instrumental in making investments and raising funds across a number of stages and sectors in an extremely challenging environment. They demonstrate the point perfectly that in the future fund managers themselves will have to be every bit as entrepreneurial as the companies in which they invest</em></p>
<p>
<strong>Angel Investor of the Year</strong>:<br/>
Dale Murray</p>
<p>
<em>The judges felt that Dale represents a new breed of Angel investors; bringing personal experience of building and successfully exiting a start up business and international investment expertise, having personally invested £1m to date in a variety of technology/product sectorsand able to tailor her input to the differing needs of investee companies whilst playing a key ambassadorial role for female Angel investors.</em></p>
<p>
<strong>Background on the BBAA</strong>:</p>
<p>
The BBAA is the national trade association representing angel and early stage investment in the UK. Each year angel investors account for around £750m investment in SMEs in the UK – the single largest source of early stage capital in this country. The BBAA works to create an eco-system to help support the industry, bringing together angel networks and investors, early stage venture capital funds and advisors. The BBAA exists to represent UK early stage investment and has a number of roles which include:</p>
<ul>
<li>
Promoting angel finance as the primary mechanism for new and high growth potential businesses to fund their growth requirements.</li>
<li>
Encouraging contact and the exchange of experience and ideas between angel groups and other sources of funding – most notably VCs through networking events and regular communication with its membership.</li>
<li>
Creating links with other UK and international associations and organisations.</li>
<li>
Engaging in regular dialogue with government and other opinion formers at a national level to help shape policy for the benefit of the industry.</li>
<li>
Having an agreed code of conduct for all Members to promote best practice and transparency across the industry.</li>
</ul>
<p>
<strong>For more information contact Jenny Tooth <a href="mailto:jenny@bbaa.org.uk" rel="nofollow">jenny@bbaa.org.uk</a> Tel: 0207 321 5675 or visit <a href="../sites/all/modules/civicrm/extern/url_u-146-qid-45660">www.bbaa.org.uk</a></strong></p>
<p>
<strong>The City of London Corporation</strong></p>
<p>
As the body providing local government services to the Square Mile, the City of London Corporation’s primary role is to support and enhance the business City – a world-leading international financial and related business services centre. The City of London Corporation is also committed to working with its neighbours to support the regeneration of local communities. The City of London or “Square Mile” shares its borders with some of the country’s most deprived boroughs where unemployment remains high.</p>
<p>
<a href="http://www.cityoflondon.gov.uk/Corporation/LGNL_Services/Environment_and_planning/Regeneration/">www.cityoflondon.gov.uk/urbanregeneration</a>. Contact Hannah Adam at Rain Communications UK T: 020 7828 0118 E: <a href="https://mail.raincommunications.co.uk/owa/redir.aspx?C=18c0afa242be4cab8f736abff583d24d&URL=mailto%3afirstname.surname%40raincommunications.co.uk">firstname.surname@raincommunications.co.uk</a></p>
</div>
</div><!-- /inner -->
</div><!-- /node-247 -->
</div><!-- /content-content -->
</div><!-- /content-inner-inner -->
</div><!-- /content-inner -->
</div><!-- /content-region-inner -->
</div><!-- /content-region -->
</div><!-- /content-group-inner -->
</div><!-- /content-group -->
</div><!-- /main-content-inner -->
</div><!-- /main-content -->
</div><!-- /main-group-inner -->
</div><!-- /main-group -->
</div><!-- /main-inner -->
</div><!-- /main -->
</div><!-- /main-wrapper -->
<!-- postscript-bottom row: width = grid_width -->
<!-- footer row: width = grid_width -->
<div id="footer-wrapper" class="footer-wrapper full-width">
<div id="footer" class="footer row grid12-12">
<div id="footer-inner" class="footer-inner inner clearfix">
<div id="block-block-9" class="block block-block odd first grid12-12">
<div class="inner clearfix">
<div class="content clearfix">
<table border="0" cellpadding="0" cellspacing="0">
<tbody>
<tr>
<td>
Sponsored by: <img alt="ltsb_commercial_web_0.jpg" src="../sites/default/files/media/image/content/sponsors/ltsb_commercial_web_0.jpg"/> <img alt="unilever_web_0.jpg" src="../sites/default/files/media/image/content/sponsors/unilever_web_0.jpg"/></td>
</tr>
<tr>
<td>
<p>
The British Business Angels Association is registered in England and Wales (Registration number 02127064).<br/>
100 Pall Mall, St James, London, SW1Y 5NQ • info@bbaa.org.uk • +44 (0)<span><span>20 7321 5669</span></span></p>
<a href="../terms" rel="nofollow">Terms</a> © British Business Angels Association</td>
<td>
<a href="http://www.twitter.com/bbaangels" target="_blank" rel="nofollow"><img alt="footer-twitter.jpg" src="../sites/default/files/media/image/site/footer-twitter.jpg"/></a> <a href="http://www.linkedin.com/company/british-business-angels-association" target="_blank" rel="nofollow"><img alt="footer-linkedin.jpg" src="../sites/default/files/media/image/site/footer-linkedin.jpg"/></a></td>
</tr>
</tbody>
</table>
</div>
</div><!-- /block-inner -->
</div><!-- /block -->
<div id="block-block-10" class="block block-block even last grid12-12 fusion-right-content">
<div class="inner clearfix">
<div class="content clearfix">
<p>
<a href="http://www.surgedesign.co.uk/" target="_blank" rel="nofollow">Design by surge design</a> - <a href="http://www.pecansolutions.com/" target="_blank">Website by Pecan Solutions</a></p>
</div>
</div><!-- /block-inner -->
</div><!-- /block -->
</div><!-- /footer-inner -->
</div><!-- /footer -->
</div><!-- /footer-wrapper -->
<!-- footer-message row: width = grid_width -->
<div id="footer-message-wrapper" class="footer-message-wrapper full-width">
<div id="footer-message" class="footer-message row grid12-12">
<div id="footer-message-inner" class="footer-message-inner inner clearfix">
</div><!-- /footer-message-inner -->
</div><!-- /footer-message -->
</div><!-- /footer-message-wrapper -->
</div><!-- /page-inner -->
</div><!-- /page -->
<script type="text/javascript">
<!--//--><![CDATA[//><!--
//--><!]]>
</script>
</body>
</html>