A new business angel network aims to boost the North’s tech sector by bringing together early-stage companies with experienced entrepreneurs to provide investment, mentoring and support.
Dow Schofield Watts Angels aims to provide a strong and active angel network similar to those in Scotland and Cambridge, where angels have played a key role in the growth of the tech sector.
It has the support of many high-profile Northern entrepreneurs including Bill Ainscough of Wainhomes, Richard Law of GB Group, Peter Mansfield of Call Credit, and Anthony Molloy of Daisy Group.
The network has been launched by independent advisory firm Dow Schofield Watts and will be led by David Smith, who heads its technology team and who formerly managed the North West Fund for Digital & Creative.
Aiming to address the funding gap for early-stage technology investment across the Northern Powerhouse, it will focus on promising early-stage businesses.