British Business Bank
british-business-bank.co.uk
UK Business Angels Report 2020
Current climate for UK
business angels1
Top investment sectors1
Current challenges and barriers
facing angel investors1
The profile of UK business angels2
57%
made an
investment
between April
and July 2020
31%
Healthcare
45%
said economic
uncertainty
21%
are over 65
53%
have more
than 5 years
investment
experience
72%
are confident
about the future
growth in value
of their portfolio
24%
Software
as a service
26%
said selecting /
finding the right
opportunities
13%
are women
54%
had greater
engagement with
their portfolio
companies during
the current
pandemic
19%
Fintech
26%
said lack of
liquidity / exit
opportunities
46%
expect to make
new investments
during
2020/2021
26%
Biotech, life
sciences and
pharmaceuticals
32%
said the impact
of Covid-19
85%
are over 45
1 based on responses to our business angels survey conducted Apr-July 2020
2 based on responses to our business angels survey conducted Sept-Nov 2019
3 for the tax year 2018/19
4 7% are based outside of the UK or prefer not to say
Median follow
on investment3
£25k
£45k
Median initial
investment3
April
May
June
July
5+
6%
are based in
Scotland
20%
are based in the
rest of England
are based in Wales
8%
are based in the South West
Where business angels
are based4
1%
are based in
Northern Ireland
1%
57%
are based in
London or the
South East