Never has it been more important to ensure that the environment is right for business ideas, innovation and ambition to flourish in Scotland. A crucial element in creating that environment is providing access to funding. Many businesses are frustrated in dealings with banks; many angel syndicates are committed to existing projects. It is a situation that can see pre-start and young businesses left without adequate support, at a time when it is often vital to have it. Gabriel is a new angel syndicate, aimed specifically at supporting young businesses. It doesn’t matter how young – we welcome ‘lightbulb moments’ too – and the process is simple, to help get the funds injected into the business quickly. Companies from a broad spectrum of sectors will be eligible for funding, but Gabriel’s focus is on companies that can demonstrate growth potential, ambition and scalability, preferably in new products and markets.
