20% RISE IN RISK CAPITAL INVESTMENT

Risk capital investment in Scotland rose 20 per cent to £244m last year, according to Scottish Enterprise.

The results, unveiled at a press conference at the London Stock Exchange yesterday by First Minister NICOLA STURGEON, represent a five-year growth of 90%, approaching the highest recorded level of £250m back in 2001.

The Risk Capital Market in Scotland (2014) commissioned by Scottish Enterprise and undertaken by Young Company Finance, also found that 2014 was a record year for business angel investment in Scotland, in terms of both the overall amount of investment (£26m) and the number of new companies receiving investment (31).

The report finds that the top three deals accounted for 34% of total investment and that more companies continue to secure later stage investment above £2m. In 2014 there were 66 investment deals in which international VCs and other institutional investors participated, compared with 37 in 2013 and 38 in 2012.

 

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