Silverstone Investment Network
Silverstone Investment Network is a business angel network for Northamptonshire that focuses on innovative companies from the motorsport and other business sectors.
Silverstone Investment Network aims to match the county’s rich entrepreneurial base with local business angel investors.
Silverstone Investment Network provides companies and entrepreneurs with active potential investors (‘business angels’), who frequently provide commercial experience and contacts, in addition to vital capital.
Silverstone Investment Network was established in 2005 by Oxford Innovation, following the continuing success of its other angel networks, including Oxfordshire Investment Opportunity Network (OION), which regularly closes deals of between £200,000 and £2m. The Network provides investors with motorsport and other investment opportunities.
Silverstone Investment Network carefully selects investment opportunities using the following criteria:
Silverstone Investment Network carefully selects investment opportunities using the following criteria:
Following selection, companies have the opportunity to make an informal presentation to a panel of investors and professionals with specialist investment experience. The purpose of the Panel is to ensure that the presenting companies are ‘investor ready’, in order to maximise their chances of securing investment.
Investment Meetings are held every quarter (at three month intervals). At each meeting five companies present their business proposals for 15 minutes each.
The presentations are followed by networking, enabling the parties to meet on an informal basis.
Companies that secure an investment commitment from an 'IQ Angel' member of Silverstone Investment Network will be eligible for investment consideration by IQ Capital, the UK's first Enterprise Capital Fund (ECF), a £25m fund announced in the 2006 Budget. Further details are available in the press release and the IQ Capital FAQ.