DSW Angels, the business angel network focused on UK regional scale-up companies, has appointed two new members to its Investment Committee.
The arrival of Martin Beaumont and Nick Woodrow comes as DSW Angels continues to grow its presence in the regional venture capital market.
Martin, an investor and non-executive director, is the former CEO of The Co-operative Group and earlier in his career, a KPMG partner. Since stepping down from the Co-op in 2007 he has held a number of board positions, including nine years as Chairman of Chester Race Company.
Nick, a technology entrepreneur and investor, joins DSW Angels having exited CEMAR following its acquisition in 2018 by thinkproject, where he went on to become COO of thinkproject UK.
Both Martin and Nick live in the North West and are firm supporters of regional businesses. Their appointment comes at a time when angel investment is expected to be a key driver of the survival and success of early-stage companies across the UK.
Keith Benson, founding partner of DSW Angels said: “We are delighted to welcome Martin and Nick to the team. Both individuals hold a unique set of experience and expertise which will be highly valuable in assessing potential investment opportunities.”
“Now more than ever, supporting regional UK entrepreneurial talent and their businesses is crucial in securing jobs and stimulating economic recovery. Providers of capital must all play their part in keeping the lights on in viable early-stage businesses and we are a significant part of the solution.”
DSW Angels invests between £300,000 and £1 million into scale-up businesses in the UK and plans to make a handful more investments over the next 12 months.