Manchester
Thursday 1st December 2022
KPMG, 1, St Peter's Square, Manchester M2 3AE
Agenda
UKBAA welcome you to the Early Stage Investment Summit
welcome: 11:20am – 11:30am
Opening remarks
Simon Thorn
Managing Director
Acceleris Capital
welcome: 11:30am – 11:40am
Setting the scene of UK investment
Jenny Tooth OBE
Chair
UKBAA
Keynote 11:40am – 12:00pm
Investing in UK growth and innovation: Outlook and priorities for 2023
The North is home to many of our best minds and centres of innovation excellence.
What will be the priorities for growth and innovation in 2023? How can we maintain the growth potential of the North as an effective and thriving ecosystem for entrepreneurial finance at a time of global and domestic economic and financial crisis for the investment and business community across the whole of the UK?
What actions can be taken at national and regional level to ensure that the North is able to maintain and increase its investment capacity across the region to meet these challenges? What can we expect from Government at a time of clear pressure on public finances?
What more should the investment market, universities and the business community do to strengthen the North’s potential for innovation and growth. Where are the opportunities for change in the year ahead?
Dean Cook
Director – Place and Levelling up
Innovate UK KTN
Keynote 12:00pm – 12:15pm
Latest findings from Beauhurst
As we come to the end of 2022, a year that began by continuing the trends of record equity investment set in 2021, but that showed signs of change in the investment market in the later phase Join this session to hear Henry Whorwood at Beauhurst present his latest findings on the outcomes for equity investment in 2022 and what he predicts for 2023. How will the North compare against national and global trends and what will the year ahead hold for investors and businesses seeking finance?
Henry Whorwood
Head of Research & Consultancy
Beauhurst
Fireside chat 12:15pm – 12:50pm
Trials and triumphs of a successful high growth female entrepreneur in the North and the investor who backed her
Tiffany will tell her story of how she led the growth and development and listing on AIM. This important drug discovery and development company focused on leveraging clinical experience to develop a class of novel highly selective next generation cancer therapeutics- and how she is continuing to build the growth of the business.
This session will look at the funding journey alongside their investors, the landscape for scale-up businesses in the north and share advice for angel groups and companies looking to invest and raise external capital in order to drive growth.
Tiffany Thorn
CEO
BiVictriX Therapeutics
Patrick Molyneux
Corporate Finance Director
Acceleris Capital
Break 12:50pm – 2:00pm
Lunch and networking break
Afternoon keynote 2:00pm – 2:20pm
Investment powerhouse: Unlocking solutions to the world’s most pressing challenges
This session will share how the Universities of Leeds, Manchester and Sheffield have collaborated to support the new £215m Northern Gritstone Fund, chaired by Lord Jim O’Neill, helps to unlock investment in the rapid scale-up of spin-out companies and start-ups at the forefront of a range of solutions to the world’s most pressing challenges. How has the new fund impacted on the investment and innovation ecosystem across the North and stimulated the growth of the investment community, including opportunities for new angel groups?
Marion Bernard
Chief Investment Officer
Northern Gritstone
Fireside chat 2:20pm – 2:50pm
Manchester Angels: Levelling up the North’s tech ecosystem
Find out about a new angel group formed to support Manchester on its journey as Europe’s fastest growing tech City. Backed by founding partners GP Bullhound and Bruntwood, Manchester Angels has been established by a collective of leading figures from Manchester’s rapidly growing tech sector to provide a crucial missing component of the city region’s tech ecosystem.
With an initial founding group of 30+ Greater Manchester based angel investors and working in partnership with the wider VC and investment community, find out how they are planning to build one of Europe’s leading angel networks.
Roderick Beer
Managing Director
UKBAA
David Levine
Principal
Manchester Angels
Fireside chat 2:50pm – 3:10pm
Ten years of Angel Co-investing across the North
ACF Investors has invested or committed close to £80 million into more than 100 companies, alongside more than £350 million from angels and other investors. With angels as the guiding compass, they have identified and backed some of the biggest winners across multiple regions and sectors in the UK. Celebrating 10 years of investment backing a portfolio of over 100 companies, ACF Investors will be sharing their thoughts on the biggest trends exemplifying the best opportunity for investment in innovation and growth.
Jenny Tooth OBE
Chair
UKBAA
Tim Mills
Managing Partner
ACF Investors
Break 3:10pm – 3:20pm
Comfort break
Panel 3:20pm – 4:05pm
Spotlight on emerging themes, trends and sectors for the North
This session will focus on an exploration of the investment strengths and potential across the Northern ecosystem. What are the Angels and early-stage investors backing? which sectors are demonstrating the greatest opportunity for investment in innovation and growth? What should investors be looking to back? Where are opportunities to increase investment in diversity across the North and notably to support the growth of the many female-founded businesses across the region?
Daniel Hayhurst
Legal Director Corporate
Brabners LLP
Sara Parker
Board Member
NorthInvest
Ben Davies
Group Marketing Director,
Praetura
