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Business News of Wednesday, 15 May 2019

Source: ghananewsagency.org

Quick Angels Limited launches operations

Quick Angels, an indigenous investor company, has 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 Small and medium Enterprises and Indigenous startup businesses with the aim of providing strong financial returns.

Mr Richard Nii Armah Quaye, the Chief Executive Officer of Quick Angels Limited, speaking at the launch of the business, 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’’, he added.

Mr Quaye stated that, there were lots of individuals who would like to run their businesses but were unable to do so, due to lack of funds.

“There are 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 said the company’s services include startup equity financing, Early stage Equity financing, Business Growth equity financing, Buying and selling of businesses.

Mr John Kumah, the Chief Executive Officer of the National Entrepreneurship and Innovation Plan, lauded the investment company for the initiative and advised Ghanaians, especially investors to patronize Quick Angels limited for business rather than relying on governmental institutions for financial support.

Mrs Veronica Ofosuhemaa Owusu-Ansah, the Brands and Communications Manager for the company noted that, their outfit was 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 was optimistic that ‘angel investor’ approach is the way to go considering the unemployment rate in the country, adding that, Quick Angels Limited is Ghana’s truly ideal investor to depend on.