A new business investment group has been launched in Dorset with up to £350,000 available to early-stage companies showing strong growth.

Rockwater Angels is the brainchild of Rockwater which launched its new hospitality venue at Branksome Chine last September.

Work is currently underway on a second Rockwater in Dorset at Sandbanks. It is due to open later this year.

Rockwater Angels is also seeking angel investors that are interested in expanding their portfolio.

The Rockwater Angels network is open to all sectors and will provide a platform for angel investors to support and invest in local high-potential businesses.

Members will also benefit from the extensive business contacts and experience of Rockwater’s CEO and Founder, Luke Davis.

His business portfolio covers over 55 companies.

He has a background in business investment, having founded IW Capital, a private investment house.

Luke now intends to use his knowledge and industry connections to create a community that supports entrepreneurs under the Rockwater umbrella.

He said: “Dorset has so much potential for growth, especially from an entrepreneurial perspective.

“I’m sure there are several like-minded investors keen to take on a new opportunity and support early-stage businesses that would thrive with access to further investment.

“I’m really excited to incorporate this project into Rockwater’s ever-growing array of initiatives.

“Rockwater Angels will form a strong business network of investors dedicated to supporting locally-founded companies to achieve the success they deserve.”

Entrepreneurs and existing early-stage businesses on a strong growth trajectory with an investment proposal and business plan ready to share are now invited to get in touch.

All submissions will be carefully vetted in line with business standards before being shared at the angels’ investor meetings.

Rockwater Angels also plans a social scene for the business community.

A programme of events will include monthly meetings for the Rockwater Angels to discuss potential investments, networking and social opportunities as well as guest talks from well-known entrepreneurs.

The events will also be open to the public on a ticketed basis.

Rockwater Angels is also open for enquiries related to joining the network as an angel investor.

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