Growth Company Angels
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Latest news

GM LEP fulfils £493.5m commitment to Local Growth Fund investment

31 Mar 2021

The Greater Manchester Local Enterprise Partnership (GM LEP) is on course to fulfil a five-year commitment to delivering jobs and economic development through the Government's Local Growth Fund (LGF). The government awarded a total of £493.5m over three Growth Deals to GM LEP between 2015-2021 for capital projects that will benefit the local area and economy. The outcomes agreed in the original deal with the government were for 6,250 jobs to be created and for the public sector investment to g…

£3million fund to support innovation in Greater Manchester

18 Sep 2020

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A new fund has been set up in Greater Manchester to boost innovation and entrepreneurship. It’s been made available as a response to the Covid-19 pandemic, because of the lack of available innovation and loan capital for start-up businesses. The money has been awarded by Greater Manchester Local Enterprise Partnership (LEP) and Greater Manchester Combined Authority (GMCA) to investment service, the GC Angels. GC Angels was set up to broaden access to early-stage funding for businesses with hi…

GC Angels revealed as North’s most active seed investor in 2020

26 Aug 2020

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GC Angels, GMCA’s instrument to address the early-stage market gap in Greater Manchester, is the most active seed equity investor in the North in 2020 to date, according to data from Beauhurst, software that measures equity fundraising. Despite the impact of COVID-19 on the startup market, Beauhurst’s figures reveal that GC Angels has invested into 11 rounds totalling £4.8m. The firm is followed by crowdfunding platform Crowdcube, Maven, and Mercia via the Northern Powerhouse Investment Fund, and Northstar Ventures in the North East.