St Andrews Angels

St Andrews Angels
Voluntary Organization
Industry Angel Investing, Venture Capital
Founded 2013
Headquarters New York, United States & London, United Kingdom
Website www.st-andrewsangels.com www.st-andrewsangels.co.uk

The St Andrews Angels, also known as the University of St Andrews Angel Network, or the University of St Andrews Alumni Angel Network is an angel investment network managed by alumni from the University of St Andrews.[1][2] The network is led by a group of alumni entrepreneurs, financiers and faculty within the United States and United Kingdom who promote Scottish ventures and facilitate deal flow within its network, as well as provide investment capital, strategic advice and mentoring to early-stage ventures.[3][4][5] With a presence in both New York and London, the group's members typically invest between $100,000 and $2,000,000 USD of equity.[6][7][8]

Organisation

The St Andrews Angels is led by two independent boards, located in both London and New York, each composed of business executives, financiers and entrepreneurs.[9] Each board performs deal discovery, whilst members independently facilitate any equity investments. The group seeks to promote Scottish ventures and technology outside of the country & supports events centred upon fostering greater linkages between London, New York & Scotland.[10]

History

The group was founded in 2013 by University of St Andrews students and alumni.[11][12]

Membership

Membership to the St Andrews Angels is open to all University of St Andrews alumni, faculty and affiliated individuals. Non-affiliated individuals may be permitted to join if sponsored by a current member.[13] To join as an investor however, individuals must qualify as having accredited investor status under Regulation D of the Securities and Exchange Commission in the US. Investor membership in the UK requires certified high net worth individual status or self-certified sophisticated investor status as detailed by the Financial Conduct Authority. Investor members must participate in one investment annually.

Education

The St Andrews Angels provides educational seminars, concerning entrepreneurship and the capital raising process, to students at the University.[14] The group also organises regular opportunities for University students to attend pitch events in both St Andrews and further afield through their sister organisations and partners. The group also runs a series of lectures and keynote speeches centred around economics and entrepreneurship. Former notable speakers include David S. Rose.

References

  1. StAndrews, U. "Guardian angels of business". IncomparaBubble. University of St Andrews. Retrieved 5 December 2016.
  2. Watson, Mike (September 11, 2016). "SBNN 40Under40". Scottish Business News. Retrieved 6 December 2016.
  3. Renton, Dawn (December 9, 2016). "St Andrews Angels in the Big Apple". Fife Today.
  4. Hamilton Parker, Lynda. "Angel investment group launches in NYC to facilitate Scottish deals". scotlandb2b.co.uk. Scotland B2B East Coast Edition. Retrieved 5 December 2016.
  5. Grainger, Kevin. "EOS Press Release" (PDF). els-tech-investors.com. EOS Technology Investment Syndicate. Retrieved 6 December 2016.
  6. Murden, Terry (December 12, 2016). "US angels plan deals with St Andrews Uni". Daily Business Group. Retrieved 12 December 2016.
  7. Watson, Mike (November 29, 2016). "St Andrews Angels gets off to a strong start in New York". SBNN. Scottish Business News. Retrieved 5 December 2016.
  8. Ang, Kenalyn (November 3, 2016). "UStAAAN launches its second chapter". The Saint. Retrieved 5 December 2016.
  9. Ang, Kenalyn (November 3, 2016). "UStAAAN launches its second chapter". The Saint. Retrieved 5 December 2016.
  10. Watson, Mike (November 20, 2017). "St Andrews Angels hosts tech investment event in New York". Scottish Business News. Retrieved 5 April 2018.
  11. Wade, Antonia (October 22, 2015). "An Angel Network born here in St Andrews". The Saint. Retrieved 5 December 2016.
  12. Wade, Antonia (April 7, 2016). "From the sea to your dinner table: University start-up investigates genetic selection in aquaculture". The Saint. Retrieved 5 December 2016.
  13. New York, St Andrews Angels. "Membership Guidelines". st-andrewsangels.com. St Andrews Angels. Retrieved 5 December 2016.
  14. Harris, Jonathan (January 2016). "University of St Andrews Angel Network" (205). Young Company Finance.
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