Regional Angels Programme
The British Business Bank has just put another £10 million behind SFC Capital through the Regional Angels Programme, bringing their total commitment to £35 million.\n\nThis latest tranche should back around 100 more early stage companies across the country. \n\n@sfccapitaluk has already supported over 260 businesses via the programme, with more than half outside London and the early results are looking solid roughly 2x returns on recent cohorts plus some proper exits.\n\ngood to see sustained backing for angel investing and seed funding that actually reaches founders beyond the capital. \n\n@BritishBBank has been aggressively backing UK tech and AI lately investing over £600 million into more than 50 high growth deeptech and science scale ups in the past year alone, while AI captured a record 44% of all smaller business equity investment.
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