An Analysis of Business Angels in Scotland And Poland

Business Angels are private individuals (or syndicates) who supply venture capital to businesses, mainly small start-up firms, in an informal investment market setting. This paper presents a preliminary analysis from the first phase of a research project that explores the emergence of Business Angels in the new EU member states of Central and Eastern Europe. It focuses on case studies conducted in Poland, and examines the role and function of Business Angels in the context of a transition economy