A NETWORK of angel investors covering the North of England has launched its services in York.

Yesterday saw Angelgroups launch its York network in association with professional services firm Langleys Solicitors and with the support of Make it York.

Martin Avison, founder of Angelgroups, said: “I am delighted to bring such opportunities to the region and welcome the support of our associates.

“We are a peer network of high net worth and sophisticated investors who provide much more than simply investment.

“Our angel investors also provide mentoring and support, realising significant benefits to a business.”

Mr Avison also runs groups in Leeds, Sheffield, Hull and Grimsby and has plans to grow the network across England.

Dave Clarkson, business development director at Langleys Solicitors, said: “This is a great opportunity for businesses in North Yorkshire who have the potential for fast growth to secure funding and take advantage of the expertise of investors to help them deliver their growth plans.”

Mr Avison is now looking for more potential angels and businesses that are looking for investment and support.

Simon Middleton, Business Growth Manager for Make It York, said: “Supporting and encouraging high growth businesses is at the heart of the city’s economic strategy and this initiative will be another valuable addition to the help that is available to companies in York.”

Any experienced angels, those who would like to know more, or any business owners that are looking for investment and support, contact Martin Avison at Angelgroups via email on info@financialpulse.co.uk