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Business News of Tuesday, 14 May 2019

Source: Quick Angels Limited

Ghana gets an 'angel investor'; Quick Angels Limited

Quick Angels, an indigenous angel investor company, has officially launched its operations with a pledge to contribute significantly to the economic growth and national development.

The company seeks to offer seed equity financing for startups, help expand existing businesses by making available the requisite equity capital and premium management expertise.

Quick Angels also invest by partnering already existing SMEs and Indigenous startup businesses with the aim of providing strong financial returns.

Speaking at the launch of the business, the Chief Executive Officer of Quick Angels Limited, Mr. Richard Nii Armah Quaye said: "I have come to appreciate the challenges entrepreneurs go through with my experience as an entrepreneur. We are therefore introducing a personalized real-time financial support through innovative ‘angel investing’ with an interest in startups and also restoring promising businesses through strategic partnerships."

Mr. Quaye stated “there are a lot of individuals who would like to run their businesses however are unable to due to lack of funds. There are also a lot of startups that are gradually collapsing because of funds. Our core focus is to provide funds to support these businesses which would, in turn, contribute significantly to the economy of the country”.

He added, that the company’s services include startup equity financing, Early stage Equity financing, Business Growth equity financing, Buying and selling of businesses.

The Chief Executive Officer of the National Entrepreneurship and Innovation Plan, NEIP, John Kumah lauded the investment company for the initiative and has advised Ghanaians, especially investors to run quickly to Quick Angels limited for business rather than rely on governmental institutions for financial support.

He appealed to start-ups to allow Quick Angels to invest in their businesses so they share their profit when the business grows.

The Brands and Communications Manager for the company Mrs. Veronica Ofosuhemaa Owusu-Ansah noted that the company is committed to supporting startups and social entrepreneurs to ease the burden of government and in turn bring about socio-economic development in the country.

She is optimistic the ‘angel investor’ approach is the way to go considering the unemployment rate in the country. She added that Quick Angels Limited is Ghana’s truly ideal angel investors to depend on.

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