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Funding Available To Support Local Startups

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Much-needed ‘angel’ funding is beginning to flow into local start-up businesses thanks to a new group that brings entrepreneurs and investors together.

Deals are being done between Hawke’s Bay entrepreneurs and members of a new group established to bring together local investors willing to provide venture capital to early- stage and growth businesses in the region.

The Hawke’s Bay Angel Investment Group (HB Angels) is a network of entrepreneurs and professional investors prepared to collaboratively invest in and support local entrepreneurial talent.

The group has more than 30 members and recently established a board chaired by Havelock North businessman Dean Prebble, a former New Zealand Trade and Enterprise trade commissioner.

Dean has been the driving force behind establishing the investment group, which held its first meeting in November last year.

Read more on this and other Hawke’s Bay stories with The Profit magazine

Posted: 11 December 2018

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