Angels to fund Northern entrepreneurs

​A new online business angels organisation for the North of England​ has been set up to bring together enterprising business people with high net worth individuals​ who want to invest in them.​

​Angel Groups – Yorkshire​ ​celebrated its launch event at law firm Clarion in Leeds when two aspiring entrepreneurs from the region pitched their product and proposition to 16 potential investors.

The brain-child of Martin Avison, the online platform ​will target wealthy investors​.

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The ​organisation will also support businesses ​by giving them access to​ R&D grant funding and R&D Tax Credits.

M​r Avison​ is managing director of Financial Pulse,​ which specialises in funding for high growth businesses.

The inaugural event saw pitches from Huddersfield-based MonitorGO, which makes personal alarms for the elderly, and Sheffield-based Pegasus AV Solutions, which has developed a swivelling TV rail for upmarket houses.