By Daniel Hunter
A group of investors in Surrey have injected more than £30 million into local start-ups since its launch in 2007, the group has said.
The angel investment network, The Surrey 100 Club, said it invested nearly £4m in 55 businesses in 2014 alone.
With close ties to the Surrey Space and Technology Incubation Centres, The Surrey 100 Club provides support and training to businesses raising finance, without taking any share of investment the companies make.
The Surrey 100 Club’s network of angel investors, which consists of highly successful business men and women based in and around the South East, are now involved in many of the Surrey start-ups which arise from the business incubators and have created and protected 567 jobs for the UK since 2007.
Sarah De’Lacy, Club Director and Co-Founder of The Surrey 100 Club, said: "We’re working hard to ensure this [hard work] continues into 2015 and want to see it increase year-on-year. By leveraging the University [of Surrey]'s wealth of resource and contacts in the local entrepreneurial and investment community, The Surrey 100 Club provides the foundation for venture creation. This enables its members to take an active role in tomorrow's success stories, helping to boost the region’s economy.”