links for 2009-07-18

• iBusinessAngel » Venture Capital’s 70% drop creates Business Angel Opportunity
  “Venture Capital funds available for start-up and growth businesses has dropped 70% since 2000″, said Anne Glover chief executive of Amadeus Capital Partners at the BBAA Annual Awards Dinner.

  This means that businesses seeking new capital that are unable to raise bank finance (and who is able at present?) will need to increasingly turn to Business Angels.

  In the view of Anne Glover, this represents a huge opportunity for Business Angels as the Venture Capital businesses will not be able to take all the best deals and leave the angel investors with the left-overs.

  In fact, a theme that developed during the recent BBAA event was that Venture Capital firms want to work with Business Angels.

  A number of VC firms, such as Catapult, look to invest alongside Business Angels. Rob Carroll, managing director of Catapult said “investing alongside experienced entrepreneurs and angel investors increases our chance of success.”

  (tags: businessangel vc venturecapital bbaa)