In a European context, the UK business angel market is seen as one of the most mature and extensively researched.
However, there is a lack of recent systematic evidence on the profile and approach of business angels, their investing
activities and notably their impact on the growth and performance of the businesses in which they invest. This report
sets out to fill this gap by providing new findings from the largest survey of business angels in the UK and the impact of
their investment activities to date.
This report, commissioned by the UKBAA in association with the Centre for Entrepreneurs (CFE) and with the support
of the BVCA, Deloitte, Barclays and the ESRC, presents the results of the largest study of the investment behaviour and
impact of business angels in the UK to date. The study comprised responses from 403 individual angels who responded
to the online Nation of Angels survey, detailed follow-up telephone interviews with 42 individual angels who shared
more details of their investment behaviour, and an online survey of 28 angel syndicate and network leads across the UK
representing 8,000 angels
