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Indies offered a new financial route at fair.(News)
The indie sector is attempting to provide labels with an alternative route to finance by inviting a raft of top-flight venture capitalists and business angels to its first Finance Fair.
The Aim-sponsored event is designed to give independent labels alternative sources of finance from outside of the industry and reduce the reliance smaller labels traditionally have had on major-funded growth and signings.
Leading players from the City are lined up for the University of London-hosted event on March 9 with one venture capitalist which says it has 1m [pounds sterling] to invest in the sector. Indie labels, publishers, managers and other companies are invited, with HSBC Bank, Barclays Soho Square, Music Business Angels, Prya UK Capital, Coutts Bank and Chelver Corporate Finance already confirmed.
Aim chief executive Alison Wenham says finance has been a problem for the indie sector because the only place to get cash in the past has been the majors. Asking a ...
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...PRESSWIRE-16 July 1999-BUSINESS ANGELS NETWORK: "Angels" could...wings. The region has its own Business Angels Network, with more than 100...former bank manager, said business angels could play an important role...
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...Wetzel's research reveals that "business angels" are far important funding sources...in his research, determined that business angels as a group invest more than $10 billion...addition to entrepreneurs themselves, business angels turn out to be the real venture capitalists...
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...as an affiliate member of the World Business Angels Association (WBAA), the Brussels...as an affiliate member of the World Business Angels Association (WBAA), the Brussels...up companies with the support of Business Angels worldwide. Hamad Al Hashemi, Managing...
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...Budget was just the encouragement for "business angels" that the venture capital industry...Directors can now be paid, allowing business angels to contribute expertise as well as...investment capital such as funds from business angels. Baronsmead, an independent venture...
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...defining habitual entrepreneurs and business angels and an attempt to outline the scale...into habitual entrepreneurship and business angels. This offers a broad grounding to...approaches. The definition and role of business angels and the point at which they overlap...
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...university said: ``This group of experts would be known as Business Angels and they would work in partnership with JMU's Enterprise...The initiative is still in the early planning stages. '' Business Angels invest in a business and give their time to oversee the...
