The following table which has just appeared in UKBAA news caught my eye.
Investment seems to be centred more heavily than ever in London and the South east and Scotland is only managing to do about 3% by value and 6% by volume of our early stage investment. The only consolation is that some other regions are faring even worse.
I have heard it suggested that “lack of ambition” is more of an issue in Scotland than “lack of investment”. Either way, we have much work to do if we wish to catch up with the best of the rest. The “Scottish” model of syndicated Business Angel investment is now recognised internationally as a model of best practice there is much more that we could and should be doing to encourage more of this type of investment into the best of our high potential new companies.