Lancashire County Council has launched Fhunded Angels, a new initiative aimed at helping ambitious startups secure early-stage investment by connecting them with experienced private investors. Rob Binns, CEO of Cotton Court, is chairing the Lancashire Early-Stage Investment Board, which is supporting the initiative to ensure more businesses in the region have access to funding.
The Fhunded Angels network brings together investors from a range of backgrounds, including successful entrepreneurs, exited founders, and industry specialists. These investors don’t just provide financial backing—they also offer guidance, expertise, and valuable connections to help businesses grow. Investment amounts typically range from £50,000 to £150,000, with opportunities for co-investment.
This initiative builds on the success of the Fhunded programme, which has already helped Lancashire-based businesses secure equity funding
Rob Binns commented on the importance of the initiative:
“The Fhunded Angels programme is here to support ambitious Lancashire entrepreneurs looking for early-stage investment. But it’s not just about the money—many angels become long-term supporters of the businesses they invest in, offering mentorship and industry connections.
Angel investment is a win-win. Entrepreneurs get the backing they need to grow, while investors have the opportunity to be part of something exciting and potentially profitable. Increasing access to investment in Lancashire will have a huge positive impact on the local economy.”
It was launched on Tuesday 11th March at an event at Artistry House, where the Angel Network members were brought together for the first time.
Under Rob’s leadership, the Fhunded Angels initiative aims to make early-stage funding more accessible to businesses across Lancashire. By linking promising startups with experienced investors, the programme is set to boost innovation, create jobs, and strengthen the local business community.
Businesses looking for investment, as well as potential angel investors, are encouraged to get involved.