Host Partner:Silver Partner:

Level39 · Canary Wharf

Connecting for Growth

Winter Investment Forum28th January 2015

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Welcome from Jenny Tooth OBE, Chief Executive, UK Business Angels Association

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Welcome to the UK Business Angels Association Winter Investment Forum 2015. I should like to express our thanks to Level39 for hosting this event to start the investment year and express our appreciation to Eric van der Kleij and colleagues for their support. I should also like to thank JustInvesting, an innovator in online investment, for their support as Silver Partner for this event.

The recent Scale-up Report, commissioned by Sherry Coutu CBE, identified the lack of scale-ups in the UK and the need for a more co-ordinated effort across all key players in the ecosystem to address this. Businesses backed by angels achieve vital early stage finance and angels play a key role in supporting the scale-up and growth of UK’s businesses.

With this mind, our Winter Investment Forum 2015, is focusing on the topic of “Connecting for Growth” where we will be reviewing how we can create a more connected environment for successful scale-up. We will be hearing from over 30 speakers and panellists today and are delighted to be joined by some of the most successful entrepreneurs in the UK: Brent Hoberman, CBE, Brett Akker and Richard Gibson who will speak about their experiences in building great businesses and also now angel investing, bringing valuable experience to scale the next generation of businesses.

We have contributions from a range of leading finance players who will examine how we can create a more joined-up approach, including taking a look at the role of Corporates in supporting angel-backed deals. Some highly experienced and new lead angels will be telling us about their approach to building businesses and we will also look at the value of taking a sector specific approach to mobilising angel investing. We are also very pleased to be joined by Keith Morgan, Chief Executive of the British Business Bank, who will give us insights into their strategy for building a connected finance value chain for the UK.

We will also hear about one of the latest initiatives here at Level 39 in supporting Smart Cities as an important new technology area, offering opportunities for growth and investment.

Understanding the changes in the angel market since the financial crisis and the impact of angel investing in supporting business growth has been the focus of our Nation of Angels Research campaign this past year, which UKBAA has carried out in collaboration with the Centre for Entrepreneurs. We are delighted to be presenting today the findings of this research representing the largest survey so far for the angel market and which has been carried out by the Enterprise Research Centre and we are grateful to Barclays, Deloitte and BVCA for their support.

I should like to conclude by expressing my thanks on behalf of UK Business Angels Association to our sponsors for their continuing support of our trade association, including our strategic sponsors: Lloyds Banking Group, Nesta, PwC and Deloitte and also our partners, Barclays, BVCA, Manchester Business Solutions, Creative England.

I hope that you will find this day stimulating and informative and hope that if you are not already part of our community, you will consider becoming a member of our trade body and keep in touch with our activities through UK Business Angels Association during 2015.

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Morning Session

09.30 Welcome from UK Business Angels Association, Jenny Tooth, CEO | UKBAA

09.35 Welcome from our Host Level 39, Eric van der Kleij, Head of Level 39

09.40 How we can create successful Scale up businesses in the UKGuest Speaker: Claire Cockerton, CEO | Innovate Finance

10.00 “Going Full Circle”Guest speaker: Brett Akker, Chairman | LOVESPACE, Founder | Streetcar

10.25 Panel Debate: Can we create a joined up strategy for financing the growth of angel-backed businesses?Richard Gibson, Chief Financial Officer | SwiftkeyRajat Malhotra, Angel of the Year 2013-14, Partner | Wren CapitalDr. Tim Hames, Director General | British Venture Capital and Private Equity AssociationMarcus Stuttard, Head of AIM, Head of Primary Markets | London Stock Exchange

11.10 Coffee Break

11.30 Creating the entrepreneurial environment for successful growthGuest Speaker: Brent Hoberman CBE, Founder | Made.com, Founder | Lastminute.com, Co-founder | ProFounders Capital

11.55 Backing the UK’s Innovation and Technology Disrupters - The role of Corporates in scaling Angel-backed businessesErin Platts, Managing Director | Silicon Valley Bank, UKWill Pryke, Director of Operations | BT Breakthrough InnovationJason Ball, Senior Director | Qualcomm VenturesPeter Cowley, UKBAA Angel of the Year 2014-15, Cambridge Angels, Investment Director | Martlet Corporate Angel

12.40 Building the new Finance Value Chain from start-up to high growthGuest Speaker: Keith Morgan, Chief Executive | British Business Bank

13 .00 LUNCH

Agenda

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Afternoon Session

14.00 Level 39: a new ecosystem for accelerating the growth and investment in innovating technologies – Presentation of COGNICITY the Smart Cities initiativeMikele Brack, Cognicity | Level 39Axel Katalan, Co-founder | PointrSyed Ahmed, Founder and Managing Director | SAVORTEX

14.35 Nation of Angels: The Impact of Angel Investing in creating Growth businesses Presentation of the latest research on the Angel Market, presented by the Enterprise Research CentreProf. Mark Hart, Professor of Small Business and Entrepreneurship | Aston Business SchoolProf. Mike Wright, Professor of Entrepreneurship | Imperial Business School LondonJenny Tooth, CEO | UKBAARichard Heggie, Head of Proposition and Delivery for Entrepreneurs | Barclays Wealth & Investment ManagementDr. Tim Hames, Director General | BVCAMatt Smith, CEO | Centre for Entrepreneurs

15.15 The role of the Lead Angel in achieving successful scale-up and growthKit Hunter Gordon, Angel Investor, Managing Director | The Summit GroupPeter Cowley, UKBAA Angel of the Year 2014-15, Cambridge AngelsGeorge Whitehead, Octopus Venture Partners, Chair | Angel CoFundHannah O’Shaughnessy, Angel Investor | Angel Academe

15.50 Taking a specific approach to growing and financing successful businessesAndrew Mayfield, Manufacturing Technology CentreTim Powell, Minerva Business Angels | University of Warwick Science ParkMike Mompi, Director | Clearly Social AngelsWill West, President & CEO | CTS Inc., Co-founder | Angels 4 LifeSciencesAnthony Clarke, Managing Director | London Business Angels, Angels in the City and MedCity AngelsNick Lyth, Co-founder | Green Angel SyndicateSusan Chisti, CEO & Founder | FINTECH Circle

16.30 Summing Up -The role of UKBAA in creating a connected marketplace for building high growth businessesJenny Tooth OBE, CEO | UK Business Angels Association

16.45 Forum Close and Networking

Moderator: Stuart Rock Journalist and EditorFor the past 17 years, Stuart was the editorial director and one of the founders of Caspian Media. Stuart has won numerous editorial and publishing awards, including the title Editor of the Year by the Professional Publishers Association (PPA) for the launch of Real Business. He has advised many blue-chip corporations and business institutions on their editorial and communication strategies, including IBM, Thales, Atkins and Vodafone. Right now, he is advising the Department of Business, Innovation & Skills (BIS) and is editor-in-chief of www.greatbusiness.gov.uk, the website of the Business is GREAT campaign.

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Exhibitors

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Tech Tunnel Exhibitors

UtilidexReward Technology SAVORTEXPointrAsset Mapping

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Speakers

Claire Cockerton CEO | Innovate FinanceClaire is CEO of Innovate Finance and an industry leader in financial services innovation and entrepreneurship. Innovate Finance is a new industry organisation dedicated to accelerating the next era of technology-led financial services innovators. Members include pre-revenue start-ups as well as international corporations across sub-sectors including IBM, Santander, Visa, Monitise, Transferwise, Currency Cloud, Coinfloor and many more. Innovate Finance is backed by the City of London Corporation, Canary Wharf Group, and championed by the UK Government. Claire founded and is now Chairman of Pivotal Innovations, a firm specialising in corporate innovation and accelerator programming in the Tech Sector. Claire also co-led the implementation of Level39, Europe’s largest Technology Accelerator for FinTech and Smart Cities companies in Canary Wharf. An Imperial College MBA alumna, Claire specialised in Innovation, Entrepreneurship and Design, and helped establish the business incubator for Virgin Unite, the ‘Branson Centre for Entrepreneurship’. She advised the Guardian Media Group on their 'Digital First' transformation strategy and helped implement their company-wide change programme. Claire founded, grew and sold (2009) ‘Aesthetic Earthworks’, a multi-million dollar sustainable architecture firm based in Toronto, Canada before moving to the UK.

Jenny Tooth OBE CEO | UK Business Angels Association Jenny has been CEO of UK Business Angels Association , the trade body for angel and early stage investment, since its launch in 2012 and has provided strategic support to the previous trade association (BBAA ) since its establishment in 2004. Jenny has over 20 years experience of supporting small businesses, notably targeting investment readiness and access to finance, both in the UK and internationally, running her own consultancy company. This included spending nine years in Brussels, working closely with the EC and other key strategic European agencies. In 2006, she joined Greater London Enterprise as Business Development Director and in 2009 co-founded Angel Capital Group. Jenny is a frequent judge of University Business Plan competitions and sits on a range of strategic groups including, the Innovate UK Emerging Technologies and Innovation Steering Group; the London LEP SME and Finance Group; the Enterprise Research Centre Advisory Group; the Creative Industries Council Advisory Group; London Co-Investment Fund Advisory Group and is Board member of Business Angels Europe. She is an active public speaker in the UK and internationally and has an MSc Economics from London School of Economics and Political Science. She was awarded an OBE in the 2015 New Years Honours.

Eric Van de Kleij Head of Level 39Eric Van der Kleij is a technology entrepreneur and the Head of Level39. Eric leads the Cognicity Challenge, Canary Wharf Group’s world-leading smart cities initiative, and is the MD of Pivotal Innovations. Eric was formerly the Chief Executive of the UK’s Tech City Investment Organisation - tasked with boosting investment, entrepreneurship and skills in the “Silicon Roundabout” area of East London. Before his work with the UK government, Eric was a pioneering technology entrepreneur who founded fraud prevention company Adeptra, which was sold to FICO in August 2012.

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Speakers

Richard Gibson Chief Financial Officer | SwiftKeyRichard Gibson is Chief Financial Officer of SwiftKey, the award-winning technology company that makes it easy for everyone to create and communicate on mobile. The company is best known for its smart keyboard apps which learn from each user predict their most-likely next word. SwiftKey Keyboard for Android was Google Play’s global best-selling app of 2012 and 2013 before going free in 2014. SwiftKey Keyboard for iPhone & iPad launched in September, receiving more than 1m downloads in its first day and hitting No 1 in the US and UK charts. Through consumer downloads and partnerships, the British company’s technology is on more than 250m devices worldwide. Richard played a key role in SwiftKey’s growth as it evolved from being a startup to become the global market leader with 160 staff worldwide. Richard’s contribution was recognised when earlier this year he won the award as the Private Company FD at the FD Excellence Awards in association with the IACEW and CBI. He lead the company’s investment rounds including the $17.5m Series B involving leading VCs Accel Partners, Index Ventures and Octopus Investments. He was instrumental in closing key commercial contracts with leading manufacturers and oversaw SwiftKey’s operational expansion across London, Asia and the US West Coast. Previously Richard worked in UK Private Equity investment and as an experienced SME director, focused on growing businesses across sectors including software, leisure, IT and healthcare. Find out more about SwiftKey at www.swiftkey.com.

Brett Akker Chairman | LOVESPACE, Founder | StreetcarBrett Akker is currently Chairman of LOVESPACE – a new concept in storage offering storage by the box across the UK for businesses and residential customers alike. Brett also sits on the Board of a further 3 early stage businesses as well as acting as an angel investor and advisor to numerous others. Brett previously founded car-sharing service Streetcar in the UK. Launched with just 8 cars in a small area of London, it grew to become Europe’s largest car sharing company with about 80,000 members using 1,500 vehicles across 7 UK cities. Streetcar was sold to Zipcar in 2010 and Brett remained with the business as VP – European Development for 2 years before embarking on his next venture. LOVESPACE similarly sets out to disrupt the current industry norm. By providing collection and delivery across the country and by allowing people to store anything from one box/large item, the storage concept is now open to all – no matter where they may live, how much they want to store and how long they actually want to store for.

Rajat Malhotra Angel of the Year 2013-14, Partner | Wren CapitalRajat Malhotra is a former competition lawyer now turned seed/early stage investor. After nearly 10 years with big law firms in London and Brussels working on the full range of competition and antitrust matters, he has made a complete change and set up Wren Capital LLP. Wren Capital LLP is a new seed capital investment fund based in London, UK. Wren Capital LLP is not sector-specific and will entertain proposals from start-ups and early stage businesses in any industry. They are people-focussed and their mission is to help great businesses get launched or progress to the next level.

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Brent Hoberman CBEFounder | Made.com, Founder | Lastminute.com, Co-founder | ProFounders CapitalBrent is Chairman/Co-founder of Made.com, a direct-from-factory consumer crowd-sourced homewares retailer in the UK. Brent co-founded PROfounders Capital in 2009. Brent also co-founded Lastminute.com in April 1998. He was CEO from its inception and the team took the company to profit and gross bookings of over $2bn. Lastminute.com acquired 14 businesses after the IPO to supplement the annual growth of the core brand which was over 100% from 1998 – 2004. In 2005 Lastminute.com was sold to Sabre for $1.1bn. Brent is a Non-Executive Board Director of Guardian Media Group, TalkTalk PLC & Shazam. Brent also sits on the UK Government Digital Advisory Board, is a YGL, Prime Minister’s Business Trade Ambassador and a Fellow (Governor) of Eton College. Brent was awarded a CBE in the 2015 New Year’s Honour’s List. Brent co-founded Founders Forum in 2006, a series of intimate annual global events for the leading entrepreneurs of today and the rising stars of tomorrow which take place in London, LA, NYC, Istanbul, Hong Kong, Shanghai (Rio & Mumbai). Founders Forum also has an innovation consultancy for top corporates (Founders Intelligence) and a recruitment company (Founders Keepers). It is also launching SmartUp.io, a new business in gamified mobile learning for entrepreneurs, which Brent co-founded and Chairs.

Speakers

Dr. Tim Hames Director General | British Venture Capital and Private Equity AssociationTim Hames has been Director General of the British Private Equity and Venture Capital Association (BVCA) since May 2013. He was previously Deputy CEO and Director of Policy at the organisation. His first career was as an academic at Oxford University where he was a Lecturer in Politics, having previously been an undergraduate and graduate student at the university. He specialised In American Government and also taught British Government and Politics. He has almost thirty publications in various books and scholarly journals on American and British public policy. In 1996 he became a journalist at The Times where he was ultimately the chief editorial writer, a political columnist, an Assistant Editor and edited the newspaper as a whole on numerous occasions. In 2009-2010 he was the first Special Adviser to the Speaker of the House of Commons and responsible for pursuing a wide-ranging programme of parliamentary reform. He came to the BVCA as then Head of Public Affairs, Communications and Campaigns in July 2010. Tim is an Honorary Visiting Fellow of De Montfort University and a Fellow of the Institute of Travel and Tourism.

Marcus Stuttard Head of AIM, Head of Primary Markets | London Stock ExchangeMarcus Stuttard is Head of AIM and has responsibility for Primary Markets in the UK across both AIM and the Main Market. He is responsible for the management and development of AIM, London Stock Exchange’s international growth market for small and medium sized enterprises. He is a regular speaker on growth and business funding issues and sits on a number of industry and policy advisory bodies.

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Erin Platts Managing Director | Silicon Valley Bank, UKErin Platts is a Managing Director with Silicon Valley Bank’s UK Branch. She manages multiple teams that are dedicated to providing financial services, specifically commercial banking products and debt financing, to early and growth-stage technology companies in Europe. Erin is responsible for developing new relationships and overseeing the continued growth of the portfolio, as well as taking an active role in the development of the external ecosystem. Erin has been with Silicon Valley Bank for 10 years, beginning her career in SVB’s Boston office. She moved to London in 2007, and has worked with a wide variety of technology and life sciences companies, as well as Venture Capital and Private Equity Funds providing flexible and innovative financing solutions at all stages of growth. In her previous role as a Director, she was responsible for the financial analysis, structuring and management of debt relationships with technology companies throughout the UK and Europe. Erin earned a BA in business management and entrepreneurial studies from Babson College in Wellesley, Massachusetts.

Will Pryke Director of Operations | BT Breakthrough InnovationCorporate entrepreneur, open innovation fanatic & technology evangelist. Will is working with BT’s world famous Research & Innovation department based at Adastral Park. He is currently running the BT Infinity Lab @BTInfinityLab, BT’s external engagement with digital SME’s and start-ups, looking for co-innovation opportunities to deliver new services to our customers. Will has held several posts at BT in recent years, spanning from technical delivery through to internal incubation.

Jason Ball Senior Director | Qualcomm VenturesJason Ball is a Senior Director at Qualcomm Ventures Europe and is based in London. He currently serves as a board member or observer for Bitbar, Blippar, Cambridge Temperature Concepts, Grand Cru, Peak, Wonder PL and Wrapp. Jason has also led Qualcomm Ventures investments in Arteris (acquired by Qualcomm), Videoplaza (acquired by Ooyala), We7 (acquired by Tesco) and YPlan. Jason has 10 years experience working with internet and mobile software start-ups. Prior to joining Qualcomm, he was the Investment Director at London Seed Capital, a seed and early stage venture capital fund, where he focused on material science and internet technology investments. Jason holds an MBA from ESADE in Barcelona, where he was given the “Innovation and Strategy Award” from the Boston Consulting Group, and a BS in Chemistry from Mississippi College. Follow Jason on Twitter @jasonball.

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Mikele Brack Cognicity | Level 39A career of over twenty years in sustainability, technology and the built environment in three continents, has made Mikele a recognised leader in future cities. She started as an urban planner and then led the Cities and Government sector at General Electric. She also worked as a consultant to GLA, C40 Cities and InnovateUK.Currently, Mikele is leading a new initiative at Level39 called Cognicity.Cognicity attracts novel smart city technologies from around the world to enter accelerator programmes and pilot their solutions on the Canary Wharf estate. She is also a mentor to smart city start-ups and an industry expert assessor on funding competitions.

Speakers

Keith Morgan Chief Executive | British Business BankKeith Morgan has been leading the planning and establishment of the British Business Bank since January 2013, working from within the Department for Business, Innovation and Skills. Prior to this, Keith was formerly a Director and Head of Wholly-Owned Investments at UKFI, joining in 2009 to manage the UK Government’s shareholdings in Bradford & Bingley, Northern Rock and Northern Rock Asset Management. Keith joined UKFI from Banco Santander where he was a Director of Sovereign Bancorp in the US, focusing on Bank’s retail and SME strategy and the integration of Sovereign into Santander. He was previously Director of Strategy & Planning at Abbey National and a member of the Executive Committee, and also served as Chairman of Santander’s Asset Management and Credit Card businesses in the UK. Before joining Abbey in 2004, Keith spent 18 years at L.E.K. Consulting, where he was a partner specialising in financial services. Keith holds an MA in Politics, Philosophy and Economics from University College, Oxford and an MBA from Harvard Business School.

Peter CowleyUKBAA Angel of the Year 2014-15, Cambridge Angels, Investment Director | Martlet Corporate AngelPeter Cowley studied Engineering and Computer Science at Cambridge University, now lives near Cambridge and owns/runs small businesses in technology and construction. Peter is UKBAA Business Angel of the Year 2014/15. He is a Fellow in Entrepreneurship at the Cambridge Judge Business School. Peter has spec-built several domestic houses and refurbished many others, including the £1.7 million Cambridge Advice Centre. Peter has been voluntary chair, treasurer and trustee of numerous charities for over fifteen years. Peter is a freeman of the City of London and is on the advisory board of a Social Enterprise in criminal justice. He has been an active angel investor for several years and is the Investment Director of the Marshall of Cambridge, Martlet Corporate Angel division, and a board member of Cambridge Angels. He has invested in over 30 startups, has led many investment deals and is a non-executive director of seven angel-backed technology start-ups.

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Prof. Mark Hart Professor of Small Business and Entrepreneurship | Aston Business SchoolThe Goldman Sachs 10,000 Small Businesses programme in the Midlands is led by Mark Hart who is Professor of Small Business and Entrepreneurship at Aston Business School. A 2014 recipient of the Queen’s Award for Enterprise Promotion, he has played a national role in promoting enterprise skills and supporting entrepreneurs. He is also Deputy Director of the national Enterprise Research Centre which is jointly hosted by Aston University and the University of Warwick and has as its mission to understand the drivers of small business growth. (www.enterpriseresearch.co.uk). Over the last 35 years, Professor Hart has worked and published extensively in the areas of entrepreneurship, enterprise and small business development and policy. He jointly manages the Global Entrepreneurship Monitor (GEM) in the UK which is the only annual survey providing tracker data on entrepreneurial attitudes, attributes and activity (www.gemconsortium.org). He advises a number of UK Government Departments and the Devolved Administrations on enterprise issues. He chaired the Executive Group for Lord Young in 2013 to devise and implement the Small Business Charter and is now involved in developing a number of business support programmes for the Charter schools. He is a member of the Small Business Charter Management Board as well as a Trustee and Director of two national charities (PRIME and Tsu Chu Biz). His work on High-Growth Firms (HGFs) at Aston has been influential in shaping policy discussions and actions in the UK and Ireland and has undertaken numerous evaluation studies of business support products and services and is currently advising BIS on evaluation methodologies.

Axel Katalan Co-founder | PointrAxel has a Masters in Strategic Marketing from Imperial College London and a Bachelors from Cass Business School. After working in consulting, Axel was one of the first team members of the Level39 Technology Accelerator before becoming the UK Regional Manager for mobile payments company MyCheck. Axel joined Pointr when it was only a side project as a Co-Founder and has seen it grow into the business it is now.

Syed Ahmed Founder and Managing Director | SAVORTEXA serial entrepreneur, Syed Ahmed is founder and Managing Director of SAVORTEX. SAVORTEX is Technology Strategy Board funded, multi-award winning British CleanTech Company. They design, manufacture and supply the worlds first smart hand dryer serving the rapidly expanding £2.1bn global hand drying washroom facilities market. Syed is the visionary and strategist behind SAVORTEX’s innovative business model and development of the SAVORTEX smart product range, funding the product and IP development from the start and to date raising £1.5M to develop the business to its current position, and now having launched internationally.

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Kit Hunter Gordon Angel Investor, Managing Director | The Summit GroupKit is the Managing Director and majority shareholder of The Summit Group, which he founded in 1985. He raised over £150m in capital and grew Summit into a diversified financial group with total assets of over £500m. In 1999 he and his co-directors took 100% control of the group and Summit is now focused on early stage venturing across a number of sectors including software, business services, finance, medtech and energy. Kit is chairman of Seraphim Capital, a £30m Enterprise Capital Fund in which Summit is an investor and Managing Partner. Seraphim’s private capital was provided by leading UK and US business angels and corporate venturers. Kit is also an active angel investor with over 30 years experience of early stage investment. Prior to founding The Summit Group Kit worked for JP Morgan in the USA and UK and also for J Rothschild. He has an MA in Law and Natural Sciences from Trinity Hall, Cambridge.

Matt Smith CEO | Centre for EntrepreneursMatt Smith is director of the Centre for Entrepreneurs - a think tank that promotes the role of entrepreneurs in creating economic growth and social well-being. The Centre is a non-profit joint venture between serial entrepreneur Luke Johnson and the Legatum Institute. Previously, Matt founded enterprise consultancy firm, Entelligence and co-founded the student enterprise charity, NACUE.

Richard HeggieHead of Proposition and Delivery for Entrepreneurs | Barclays Wealth & Investment ManagementRichard Heggie, Head of Proposition and Delivery for Entrepreneurs, Barclays Wealth and Investment Management has over 15 years’ experience in investment banking and private client wealth management. Richard has headed the Proposition & Delivery for Entrepreneurs at the Wealth and Investment division of Barclays since October 2013. Prior to this role, Richard co-headed the Proposition and Delivery team for Barclays Global Ultra High Net Worth and Family offices. He was a key member of the working group leading the integration of Lehman Brothers’ Private Investment Management business in New York.

Prof. Mike Wright Professor of Entrepreneurship | Imperial Business School LondonProfessor Mike Wright joined Imperial College Business School as Professor of Entrepreneurship in September 2011. He is Director of the Centre for Management Buy-out Research, the first centre to be established devoted to the study of private equity and buyouts, which was founded in March 1986 at the Nottingham University Business School. Previously he was Professor of Financial Studies at Nottingham University Business School since 1989. He has written over 40 books and more than 300 papers in academic and professional journals on management buy-outs, venture capital, habitual entrepreneurs, academic entrepreneurs, and related topics. He served two terms as an editor of Entrepreneurship Theory and Practice (1994-99), was a joint editor of the Journal of Management Studies until 2009 and is editor elect of the Strategic Entrepreneurship Journal. He is a member of the BVCA Research Advisory Board. He holds an honorary doctorate from the University of Ghent and was recently ranked #1 worldwide for publications in academic entrepreneurship.

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George Whitehead Octopus Venture Partners, Chair | Angel CoFundGeorge Whitehead is Chairman of the Angel Cofund. The £100million Angel Cofund is one of the most active funds in the country and is focused on investing alongside Angel investors supporting UK businesses. His day job however is at Octopus Investments. Octopus is a Venture Capital investor that backs talented people with the potential to build big businesses. Their focus is on identifying entrepreneurs and fast growth companies that can scale explosively to create, transform or dominate an industry. The Ventures team has a proven track record of helping build exceptional global businesses, including Zoopla Property Group, Secret Escapes, SwiftKey, graze.com and Yplan. At Octopus George runs the Venture Partner Group who are made up of around 100 outstanding business leaders, entrepreneurs and private investors who invest on a deal-by-deal basis alongside Octopus’ VCT and EIS funds. To date, the Venture Partners are amongst the most successful private investing groups in the country and have committed over £30million into new businesses. To Octopus and their portfolio companies the Venture Partners are much more than just co-investors and around a quarter of their Venture Partners hold board positions or are actively engaged with the Octopus portfolio companies.

Speakers

Andrew Mayfield Manufacturing Technology CentreAndrew leads the Manufacturing Technology Centre’s Business Launch Centre (BLC) for SMEs. MTC is part of the UK High Value Manufacturing Catapult, bridging the gap between academia and industry by de-risking the implementation of new manufacturing technologies including robotics, lasers, additive manufacturing etc. The BLC is a technology incubator for SMEs needing to build their first 1 to 100 market seeding products in a de-risked environment. The BLC provides a one stop shop for SMEs including prototype design optimisation, production space, technicians, manufacturing engineering, together with business strategy, help with Government grant applications and access to MTC’s 75+ members as potential sales channels. Andrew has enjoyed a varied career; seagoing as an officer in the P&O line, followed by time in marine consultancy and then strategic planning at Massey Ferguson. As a Director at Yale Forklift trucks he led start-ups in Germany and France. Latterly he was a Partner in IBM’s management consultancy arm covering client transformation assignments varying from strategy to ERP implementations, supply chain and manufacturing operational efficiency improvement in OEMs through to SMEs. Andrew holds an MBA, BSc and is a visiting lecturer on the Executive MBA programmes at Warwick and Cardiff University Business Schools.

Hannah O’Shaughnessy Angel Investor | Angel AcademeHannah is an angel investor who likes to take an advisory “hands-on” role in her early stage investments, the logic being that early involvement de-risks the proposition and improves the likelihood of a good return. She invests across a range of sectors and often in syndicates with other angels. Hannah has been investing for two years and has closed nine deals, six of which she has been actively involved in. Breaking the mould for what people expect of an angel investor Hannah brings finance, operations and business development expertise. More importantly she contributes a different energy and a focus to help the businesses achieve the goals that will lead them to a successful next fundraise. Hannah is not only active on the investing side but also spends time advising, supporting, connecting and mentoring young entrepreneurs finding it rewarding seeing passionate people succeed.

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Speakers

Mike Mompi Director | Clearly Social AngelsMike Mompi is a Director at ClearlySo. He helps catalyse early-stage investment into extraordinary businesses through the Big Venture Challenge, ClearlySo’s Private Investor Network and the impact investing angel group Clearly Social Angels. Prior to joining ClearlySo Mike was Head of Innovation at MyBnk, where he leveraged strategic partnerships and emerging technology to develop commercially viable ventures with social impact. He co-Founded the social enterprise consulting group MakeSense London, has been a guest speaker at Saïd Business School on Social Innovation, and is an organiser and Host of TEDxEastEnd. Mike has completed his CFA Level I and has reconciled his experiences as an equity analyst, entrepreneur, and social innovator to help build the early-stage impact investment marketplace with ClearlySo.

Will West President & CEO | CTS Inc., Co-founder | Angels 4 LifeSciencesWill is President & CEO of CTS Inc, a cancer imaging and therapy company, and Chairman of CellCentric, a prostate cancer drug discovery company. He gained a PhD in Immunology and Virology sponsored by Unilever (UniPath) in 1993, before holding a post-doctoral position at the National Institute of Biological Standards and Control (NIBSC). He went on to Procter & Gamble Healthcare, where he was responsible for clinical development in a number of therapeutic areas. He led programmes in North America, Europe, South Africa and China. He moved into biotech ten years ago. In 2011 Will was appointed by the UK’s Science Minister to the Council of the BBSRC, the UK’s leading funder of bioscience research. In 2012 he was elected to the Board of the BioIndustry Association and sits on both the Executive and Audit Committees. In addition he is a non-executive director of a cardiovascular research business, PlaqueTec. He holds a Masters degree in Clinical Research as well as an MBA from London Business School. Will is the co-founder of Angels 4 Life Sciences (A4LS), which brings together leading UK bioscience commercial investment opportunities with private investors. A4LS works in concert with MedCity.

Tim Powell Minerva Business Angels | University of Warwick Science ParkTim has worked with SME’s over the last 35 years as a Banker, Company Director, Manager of an Investment Readiness Programme & Proof of Concept fund, Investor Director of a regional venture capital fund making over 50 investments into early stage concerns and as Non-Executive Director with 15 young companies; Panel member of the innovative MAS New Product Development Programme since 2006 and personally as an Angel investor before moving to the University of Warwick Science Park in 2009. Tim manages the Science Parks access to finance & business support service including the Minerva Business Angel Investor Network with over 150 members operating primarily through 7 small groups across the Midlands. Specialising in raising funding for early stage & technology led SME’s, the Minerva investors have made equity investment in excess of £6m into 40 enterprises from around the country since 2010 who have gone on to leverage a further £20m in their entrepreneurial journey.

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Speakers

Anthony ClarkeManaging Director | London Business Angels, Angels in the City and MedCity AngelsAnthony is the co-founder and CEO of Angel Capital Group which includes London Business Angels where he has the role of Managing Director. Anthony qualified as a Chartered Accountant and Chartered Secretary with Deloitte Haskins & Sells (now PWC) in 1980. Thereafter, he worked on a full time basis as Finance Director and Chief Executive of a number of privately owned SME companies and since 1995 he has been a business angel investor/non-executive director of over 20 start-up/early stage businesses. Between 2002 and 2009 Anthony was Managing Director of GLE Growth Capital and also sat on the main Board of GLE. Anthony has been involved with London Business Angels for nearly 20 years and took on the role of CEO of LBA when it became part of GLE Growth Capital in 2002. He is also co-founder and currently sits on the advisory Board of the UK’s first £30M Enterprise Capital Fund, Seraphim Capital. He was Chairman of the British Business Angels Association 2004-12, then joined the board of the newly launched UKBAA from 2012 until 2014 and is also President Emeritus of EBAN. Anthony also set up the new Angels in the City sister network t LBA in 2011 and in 2014 launched MedCity Angels.

Susanne Chishti CEO & Founder | FINTECH CircleSusanne Chishti is the CEO & Founder of FINTECH Circle, Europe’s 1st Membership Club and Angel Network focused exclusively on fintech opportunities, based in London. Senior Capital Markets Manager, Entrepreneur and Investor with strong financial services expertise aware of new trends across the Financial Services Technology (FinTech) sector, B2C and B2B growth opportunities and regulatory requirements. More than 14 years’ experience across Deutsche Bank, Lloyds Banking Group, Morgan Stanley and Accenture in London and Hong Kong. Susanne is an experienced leader, coach and Non-Executive Director for FinTech Start-ups with positive “can do” attitude and enthusiasm to solve complex capital markets challenges. Focus on corporate strategy, finance and the successful launch of innovative products and services while providing access to senior leaders in the City/Canary Wharf for investment (angel investors) and business advise (Non-Executive Directors). Susanne is also a Conference Speaker, Mentor & Judge at FINTECH Events.

Nick Lyth Co-founder | Green Angel SyndicateNick Lyth is co-founder and manager of Green Angel Syndicate (GAS), the first business angel syndicate in the UK to specialise in investments in energy and water sectors. He is responsible for finding and selecting the companies in which the syndicate invests, as well as business development for the syndicate. Prior to GAS, Nick founded, developed and managed International Resources and Recycling Institute, which specialised in applied research, working in European partnership projects exploring innovations in renewable energy, water management, sustainable transport, waste and recycling, and other areas of resource use. Nick has contributed to forums advising Scottish Government on water policy, and renewable energy policy; the Northern Irish Government - advising on the development of community renewable energy; has hosted presentations on renewable energy policy to the European Parliament in Brussels and has been invited to assess innovation competitions in the UK run by the Technology Strategy Board (now Innovate UK) and Scottish Government. He has also served on charitable Boards for the Big Issue Scotland, and Dundee Cyrenians, as well as many commercial Boards ranging from sectors as varied as Denholm Ship Management and Drambuie Liqueur Company. Nick is married, has three children and lives in Edinburgh.

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Strategic Sponsors

Whether you are a private business or private client, having the right support at the right time can really make a difference. To help you on your journey, we will work alongside you whether you are just starting up, growing the business or expanding. And when the time is right, helping you decide what next.Your personal advisor will spend time getting to know you and will make sure you have access to the right specialists as and when you need them. We know you are busy and we want to help make your life easier. So we work on the complex things that you shouldn’t have to worry about. Two thirds of our clients are private business owners and individuals and we have helped over 16,000 of them achieve their business or personal goals this year.We are proud sponsors of the Private Business Awards, which celebrate the amazing work that owners and their families do in their drive to grow their businesses, be great employers and contribute to their local communities.PwC firms help organisations and individuals create the value they’re looking for. We’re a network of firms in 158 countries with over 180,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.

At Deloitte, the Private Markets team understand business owners and entrepreneurs along with their vision and ambition to succeed. Working together as a team, we help owners and businesses achieve their goals by providing a multidisciplined, tailored approach with the benefits of global reach and industry experience. Helping businesses achieve their ambition is key, but having the confidence to challenge with robust advice and the commitment to keep them going in the right direction is what our clients value the most.Deloitte has created UK Futures, a multi-year programme to assess and facilitate how business can drive UK growth. The aim of this strategic initiative is to identify the key opportunities and challenges facing British business and articulate the key interventions that would enable these businesses to both create and capture value in the changing global landscape.As part of the research underpinning UK Futures, we analysed the fastest growing medium-sized businesses (with revenues between £30 million and £1 billion) in the UK. On average, each BLB firm expanded their employment headcount by 60 new roles a year over the last three years. The combined revenues of the BLB1000 totalled £158 billion, the equivalent of 9.2% of national GDP. Over the last three years they have increased their annual revenues by around £30 billion – that is 44 pence for everyone in the UK. With over half of the BLB1000 are based outside London, their contribution to regional growth is helping create a more balanced economy.We take pride in our clients’ successes and support the fastest growing, most entrepreneurial private businesses throughout the lifecycle of their enterprise growth. In addition to our client work, we also have in place a range of activities to champion emerging companies, including the Deloitte UK Technology Fast 50, and Deloitte Social innovation Pioneers.Using this insight, Deloitte – Private markets will host a series of events across the UK including breakfast seminars, dinners and national webinars on a number of topics relevant to this market.

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Nesta is the UK’s innovation foundation, an independent charity with a mission to help people and organisations bring great ideas to life. We do this by providing investments and grants, mobilising research, networks and skills. www.nesta.org.uk.Nesta is a keen supporter of entrepreneurship and supports the market through its work in accelerators, crowdfunding and thought leadership.As part of its work Nesta has established a £25 million social investment fund, Nesta Impact Investments, backed by Big Society Capital, Omidyar Network and Nesta. It was launched in October 2012 and helps tackle the major challenges faced by older people, children and communities in the UK by investing in life-changing innovations. We back entrepreneurs with ideas that can have real impact in these areas at both seed and Series A stage.www.nestainvestments.org.uk.

Strategic Sponsors

When it comes to start-ups and growing businesses, banks are often the first port of call and link to other crucial support.It is important for the vibrancy and future of the UK economy that we get businesses of all sectors and sizes growing again. Lloyds Bank has more than one million business clients, ranging from the very small enterprises all the way up to the very large corporate giants, so we have an important role to play.We place our clients – whether they are small businesses, mid-sized ones or large global corporates – at the heart of everything we do. Lloyds is a relationship driven bank, with local teams, making local decisions and the interaction our customers have with our relationship managers is the most important driver for success for us and everything we do is built around the client.Lloyds Bank recently outlined a new commitment of support to small firms across the country in its 2014 Business Charters. The Charters’ key aims are to help stimulate demand and boost access to finance for SMEs and mid-market companies, encourage enterprise and provide guidance to help businesses grow successfully.Lloyds Bank has been particularly focused in supporting the angel community in recent years. It is the only bank to be represented on the board of the UKBAA. As part of our education programme we have run workshops in Oxford, Liverpool, London & Surrey about equity finance and how it can work, and have introduced bankers to a number of private investors. We have also joined forces with the City of London Corporation and the London Business Angels to support the Angels in the City initiative. This is funding to attract up to 300 new angel investors from the City and support seed/early stage businesses with high growth potential. We are also pleased that the bank has been a cornerstone investor in the Business Growth Fund and to facilitate links between BGF and the UKBAA.

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Partners

The British Private Equity & Venture Capital Association (BVCA) is the membership body and public policy advocate for private equity and venture capital. With more than 500 member firms, including fund managers, institutional investors and corporate advisers, we are able to exert influence on critical domestic and international issues, ensuring we play an active role in shaping industrial strategy in Britain and Europe. Promoting the highest professional standards across private equity and venture capital is at the heart of what we do. We promote responsible investment standards and enhanced transparency, and are a leading provider of market intelligence and specialist training. As the home of industry excellence, the BVCA produces unrivalled technical and best practice guidance, underpinned by in-depth research and analysis to support our members in their work and keep them informed of the latest developments affecting their business. Our members also benefit from exclusive access to a global network of industry leaders, which enables them to establish essential relationships that further their objectives and drive innovation and growth for the benefit of the UK economy.

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.For further information about Barclays, please visit our website www.barclays.com.

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Courageous investment for new business.Look at Greater Manchester and the wider region and you’ll see that it’s abuzz with ideas and entrepreneurial talent. The question is, where can ambitious start-up and early stage businesses find the funding they need to grow?What if there was an organisation purpose-designed to bring innovative entrepreneurs together with sector specific syndicates of business angels? What if this same organisation provided investment management and support, not just now, but also in the long term?Meet Co Angel Investment, a unique, not for profit organisation here in the North West, founded to fill the funding gap.As part of Business Finance Solutions, itself a subsidiary of the Manchester Growth Company, we’re uniquely able to link people, businesses, key organisations and institutions to mobilise the funding and co-funding that brings brilliant ideas to life.Our aims? To assist aspiring and inspiring businesses, add value to the local economy, create jobs and help sustain Greater Manchester and the region’s long tradition of original thinking and invention.

Creative England is dedicated to the growth of the creative industries.We invest in talented people and their creative ideas, nurturing our richly diverse games, TV, film and digital media industries. From direct investment and soft loans to business mentoring; we champion the best ideas of talented people and their businesses. We aim to grow the brightest, the best, and those with the most promise so that individuals and businesses can achieve their full creative and commercial potential. We help identify future opportunities to grow the economy and generate jobs.Over the coming year, Creative England will be working in partnership with UKBAA to help promote access to investment for the growth-stage film and creative content businesses across the UK, providing mentorship, investment readiness support and access to investors through dedicated pitching events in Manchester, Birmingham and Bristol. If you are a film or creative content businesses and would like take part in the programme, simply contact info@ukbaa.org.uk for full details.

Partners

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Invest in businesses you believe in andshare in theirsuccess.

Oppo recently raised £300K from friends, family, customersand angel investors through Seedrs.

www.seedrs.comSeedrs Limited is authorised and regulated by the Financial Conduct Authority

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Invest in businesses you believe in andshare in theirsuccess.

Oppo recently raised £300K from friends, family, customersand angel investors through Seedrs.

www.seedrs.comSeedrs Limited is authorised and regulated by the Financial Conduct Authority

Discover benefi tsand opportunitiesfor you

Tools & Networking Bespoke Coaching Access to Investors

Network for Eco-Innovation Investment

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Flexible Directors provides experienced HR, Finance and Sales Directors to the SME market to assist in the growth of their business. We become part of your executive team allowing the organisation to take advantage of their advanced skill set.

Our directors are available to your business on a flexible basis – whether it’s an hour here and there or a longer period. We’re available whenever you want us and there is no obligation to use our services for a minimum amount of time.

Contact a member of our team today for a free, no obligation meeting and see how Flexible Directorscan help you grow your business.

BRING THE EXPERTS ONBOARD

www.flexibledirectors.com enquiries@flexibledirectors.com+44 (0)20 7265 5900

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The UK Business Angels Association is the national trade association representing angel and early stage investment in the UK. (England, Wales and Northern Ireland). It has superseded the BBAA and was re-launched in its new strengthened role in July 2012 . Each year private investors account for between £800 million and £1 billion of early stage investment in the UK – the single largest source of early stage capital in this country. The angel community in the UK is also very diverse reflecting a range of different models and approaches including angel networks, small groups and syndicates; super angels; individual investors and new models such as accelerators. The UK Business Angels Association represents and connects all those involved in the angel investment market, including early stage VC funds, Banks and also non traditional sources of finance, as well as advisers and intermediaries; policy makers and academics with a view to ensuring a coherent ecosystem for financing the growth of start-up and early stage businesses.UK Business Angels Association is supported by strategic supporters and sponsors representing key players in the financial community being Deloitte, Lloyds Banking Group, Nesta and PwC.

The Trade Association has a number of roles:

The Voice of Angel InvestmentAs the voice of the angel investment community to government, opinion formers and business leaders at national and international level, ensuring the continuing support and growth of the angel market.

Raising Awareness and Promoting the Asset ClassRaising awareness and promoting angel investment as an asset class for individuals with the financial capability and experience to invest in the growth of early stage businesses.

Promoting Good Practice and Establishing StandardsPromoting good practice and establishing industry standards to strengthen and build the role and capacity of the angel investment community.

A Resource of Information and ExpertiseAs a resource of information and expertise on the Angel market, providing market intelligence, reflecting key trends and new developments, to improve understanding about angel investing for both investors, entrepreneurs and their advisers.

A Forum to Facilitate Interaction and Deal FlowProviding a forum to facilitate access to deal flow and enabling regular exchange and interaction between investors and all those engaged in the angel finance market, and facilitating a connected ladder of finance with all relevant sources of funding.

About UKBAA

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Increased Promotion & Access to Deal FlowUKBAA’s services are aimed at enabling members to raise their profile in the angel and early stage marketplace. Each of our member organisations is entitled to an entry in our online searchable Member Directory which is accessed by over 100,000 entrepreneurs, investors, advisers and industry stakeholders every year, offering opportunities to increase reach to potential deal flow and customers or extend your investor base. Members can raise their profile through our widely-read industry newsletter and online news going out to over 10,000 readers every two weeks. Members can place details of deals done or advised, or articles, blogs and thought pieces and news of upcoming events in our newsletter and website and which are automatically added to their UKBAA Member directory listing, allowing visitors to see at a glance your latest activity.

Sharing and Closing Deals UKBAA investor members can participate in the UKBAA Angel Deal Sharing Platform, operated by our regulated partner JustInvesting. This enables members to place part-funded deals on the platform and invite other investors to join and close the deal. Coming shortly on this same platform is also the UKBBA Member Marketplace where members can place angel-ready deals which are not relevant to their own investment criteria, offering accessible deal flow to other UKBAA members.

Insight and Market IntelligenceUKBAA two-weekly e-newsletter and website offers members informed insight and intelligence on key developments in the market, as well as news of angel and early stage investments. Our research, working with key experts in the field, compiles up to the minute insights on the angel market and industry statistics based on investment activity and performance data. Our published reports provide our members with the most comprehensive overview and analysis available for the UK angel market.

Connecting and Informing the Early Stage Community Members benefit from substantially discounted places at all UKBAA events, in addition to events operated by our wider industry partners. This includes our two UKBAA annual flagship investment Summits, networking dinners and Annual Gala Awards Dinner. These offer the opportunity to connect with all leading players in the UK and international early stage investment community – providing a unique forum to meet and share experience and make new contacts in the marketplace.

Representing Member Interests and a Voice to Government and Key Stakeholders UK Business Angels Association is well positioned to ensure that the voice of early stage industry is heard and acted upon. Our discussions carry ever greater weight as our community continues to grow. Through our high level connections with Government and Whitehall as well as other industry associations and close partnership with the BVCA and other key finance players, we lobby and consult with government on behalf of our membership over key issues relevant to the early stage market. UKBAA is also a member of Business Angels Europe (BAE), and World Business Angels Association (WBAA), representing the interests of the angel community worldwide.

Training and Professional Development UKBAA members have discounted access to bespoke in-house training for both new and experienced private investors, run in partnership with experienced angels, industry experts and advisory firms to provide an informed base for portfolio and investment decisions.

If you would like to join the UKBAA, or are interested in finding out more, simply contact info@ukbaa.org.uk or call +44207 492 0491.

About UKBAA MembershipOpportunities for UKBAA Members

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Strategic Sponsors:

UK Business Angels Association

@ukbangels

UK Business Angels Association 5th Floor East Chancery House 53-64 Chancery Lane London WC2A 1QS

T +44207 492 0490E info@ukbaa.org.ukW ukbaa.org.uk