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2008/09

Wednesday 1st April, 2009 at 14:25

16 investment deals were completed in 15 companies during the period, including 6 second round funding deals.  10 companies were introduced by YABA and 6 were co-investments with the Viking Fund and Viking Club.  In total 36 jobs were created/safeguarded due to investment by YABA Business Angels in the period 2008/09.


There was a marked increase in Angel membership enquiries since January 2009 and a record intake of 12 new members in the last quarter period having a conservative estimate of investment capital of £10m.  2008/09 saw 26 new Business Angel members and 9 new Associate (corporate) members.