Spotlight
Beer & Partners have been busy over the summer months, supplementing our countrywide team of associates and are delighted to welcome:
The bi-annual Beer & Partners Investment Fair, held in London on Tuesday 18th May, managed to entice record numbers of investors. 147 high net worth individuals came through the doors between 10am and 4pm. Competition was tough for businesses seeking funding to secure places at the event; 32 companies of differing stages and sectors were chosen, each looking to raise finance from Beer business angels.
...What does this mean for Business Angel Investors?
The UK Budget was almost... as dull as last year... but at least they made a start on reducing the £168bn deficit by increasing stamp duty!
The good news is that entrepreneurs' relief is doubled to a lifetime limit of £2m where CGT will be payable at 10% rather than 18%.
The bad news is that the treasury expects this to only cost them £70m.
Our third Beer Investment Evening will be taking place tonight!
Join us at the London Capital Club from 5pm to witness presentations from three engaging and well-prepared Beer clients.
We are pleased to announce that Luke Johnson, columnist for the Financial Times and former chairman of Channel 4, has joined forces with Beer & Partners, becoming a strategic shareholder to support the future of Small Business Britain.
To read the full article, please click here.
THE SECRET MILLIONAIRE
Channel 4’s award-winning The Secret Millionaire returns and is looking for successful individuals with an interest in philanthropy.
A recent investment by a Beer & Partners investor, who will shortly join their Board, has helped Silverstone-based In’n’Out Services Ltd to move closer to their planned IPO in late 2009/early 2010.
Last week saw another Beer & Partners success with our nineteenth London Investment Fair taking place at Mark Masons Hall in St James’ Street. The event ran smoothly with the 30 exhibiting fund-seeking businesses managing to attract significant interest from a large number of our registered Investors. Nearly 130 Angel Investors and guests attended the Fair throughout the day. Total offers from this event alone reached well above a million pounds; Beer Associates are now working hard to secure these pledges for our clients.
