{"id":675,"date":"2017-11-22T00:00:00","date_gmt":"2017-11-22T00:00:00","guid":{"rendered":"http:\/\/www.sprengthomson.com\/budget-comment-archangels\/"},"modified":"2017-11-22T00:00:00","modified_gmt":"2017-11-22T00:00:00","slug":"budget-comment-archangels","status":"publish","type":"post","link":"https:\/\/sprengthomson.com\/budget-comment-archangels\/","title":{"rendered":"Budget comment from Archangels"},"content":{"rendered":"<p style=\"text-align: center;\"><strong>Budget comment from business angel investment syndicate, Archangels<\/strong><\/p>\n<p>David Ovens is Chief Operating Officer at Edinburgh-based Archangels, the oldest and one of the largest business angel investment syndicates in the world.<\/p>\n<p>In response to Chancellor Philip Hammond\u2019s measures designed to encourage patient capital investment, and announced in today\u2019s Budget, he said:<\/p>\n<p><strong>\u201cWe welcome the spirit of the measures that Mr Hammond announced today, specifically an additional \u00a32.5 billion fund to unlock investment in emerging businesses and doubling \u00a0the investment limit for the Enterprise Investment Scheme (EIS) for knowledge intensive companies. We look forward to seeing the detail in his promised patient capital action plan.<\/strong><\/p>\n<p><strong>\u201cIt is encouraging that the Chancellor has chosen to shine the spotlight in today\u2019s Budget on the need for investment in innovative early stage companies. Today\u2019s start-ups are the success stories of tomorrow and they require the support of government and investors if they are to succeed and become major employers and contributors to our economy.\u201d<\/strong><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>David Ovens, Chief Operating Officer at Archangels, the oldest &#038; one of the largest business angel investment syndicates in the world, comments on budget<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":10,"featured_media":676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[4],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - 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