Royal Borough business angels bring blessings

28 October 2015

Seven new businesses are up and running thanks to help from Wild Blue, a network of business angels which is itself a start-up company.

The growing new businesses include Plentific which provides online support for every stage of a property transaction; HomeTouch, an e-market place for hiring carers started by a doctor trained at the Chelsea and Westminster Hospital; Loyalzoo, an app for keeping your various loyalty points in one place and Simplycook, which provides its customers with restaurant-quality recipes and ingredients.

The others are Seenit, a crowdsourced video content website; Great British Chefs, an already popular website offering recipe inspiration, expert cooking guides and the latest chef and restaurant news and Lexoo, an online marketplace for legal advice.

Based in Kensington and Chelsea, Wild Blue is a growing cohort of local business angels looking to invest in entrepreneurs close to home. Now with 36 members, who have so far invested £400,000, the venture is not only helping bring Kensington and Chelsea companies to life, it will itself soon have a physical presence in the borough.

Partnering with property company The Collective, and with support from the Council, Wild Blue is co-developing a shared working space at 205 Holland Park Avenue. The new space will be a home for local investors, entrepreneurs and businesses who want to operate in Kensington and Chelsea.

“I am very pleased that the support we have been able to give to Wild Blue is enabling these exciting developments,” said Councillor Gerard Hargreaves, the Royal Borough’s Cabinet Member for the Voluntary Sector. “I'd urge anyone in the borough who is interested in getting involved with the business angels network, to get in touch with Wild Blue."

Wild Blue was founded by David Barrie, an entrepreneur born and brought up in Kensington and Chelsea. David runs Wild Blue with Deepali Nangia, a specialist business adviser and mentor, who lives in South Kensington. The venture is supported by the Council’s Innovative Projects Fund.