Isle of Man Angel Network’s online platform connects entrepreneurs and local funders
A new service, Isle of Man Angel Network has been launched to provide a convenient place for entrepreneurs and potential funders to connect.
www.isleofmanangelnetwork.com is a central location for entrepreneurs and investors to register and list or view investment opportunities. The online network will help both local and off island businesses whilst promoting economic growth on the Island. Registration and project listing is free.
Kate Lord-Brennan, previously of Isle of Man Business Incubator and now Director of MK Ventures Ltd which operates the network commented:
“Visibility and accessibility of a funding network on the Isle of Man is what we’re achieving with Isle of Man Angel Network. Access to private investment - simply where to look or who to speak to - have previously been barriers for fledgling companies looking to establish and grow on island, even though there are many individuals here that look to invest.
With Isle of Man Angel Network, we have created a simple model via the website, where it is free to list projects and free to register as an ‘Angel’. It is merely an introductory service, but the key thing is that the Island now has a single point to refer to when directing businesses that are looking for funding. The network operates solely online, so it is visible and accessible, which makes it so much easier for businesses. It has been developed based on feedback from entrepreneurs and local investors, the barriers they face and their preferences.”
Investors can maintain anonymity whilst viewing potential opportunities and entrepreneurs can reach a wide group. The online platform enables a lot more ground to be covered initially, which can often suit both sides.
Entrepreneurs and those interested in hearing about investment opportunities can find out more at www.isleofmanangelnetwork.com and follow @isleofmanangels on twitter.