Impact investing triumphs at UKBAA Angel Investment Awards

Three ClearlySo clients took home prizes at the 2017 UKBAA Angel Investment Awards, and impact investor Meganne Houghton-Berry wins Angel of the Year.

July 7, 2017

It’s an exciting time to be involved in impact investing, as it moves more and more into the mainstream – something that was highlighted at this year’s UKBAA Angel Investment Awards ceremony.

Held annually, these awards celebrate the year’s most disruptive new market entrants and provide a definitive list of the most exciting ‘ones to watch’ in the angel and early-stage investment space. Several ClearlySo clients were shortlisted for the awards, and three impact businesses went on to win their categories:

Fair Finance – Best Social Impact
Fair Finance is revolutionising financial services to give everyone a fair chance.

The judges said: “Fair Finance has shown strong innovation in bringing new models and approaches to enable financially excluded people to access finance at fair and affordable rates, having successfully used investment to scale the business and achieve national reach.”

Bulb EnergyScale Up Team of the Year
Bulb provide affordable and renewable energy.

The judges said: “Bulb Energy’s team has shown clear leadership in disrupting the traditional energy supply model, achieving significant productivity growth and high sales while building an ethos of transparency, fairness to customers and a commitment to addressing climate change. They have attracted a significant level of investment in support of this ethos.

PowervaultBest Angel-Crowdfunding Investment
Powervault lets you store solar and grid electricity, ready to use whenever you need it.

The judges said: “Powervault has effectively used both crowdfunding and angel investment to develop and scale its solar electricity storage product, which addresses the core challenges of cost effectiveness, security of supply and environmental sustainability. Investment has enabled significant growth and major customer contracts.”

In addition, Meganne Houghton-Berry won Angel of the Year, and in her acceptance speech, she voiced her commitment to promoting women investors and impact investing.

The judges said: “Meganne has demonstrated her clear commitment to angel investing for several years across a wide range of sectors, investing through various syndicates in the UK and US. Meganne has shown extensive support for women entrepreneurs, acting as a mentor and adviser, drawing on her own digital marketing expertise and wider contacts, as well as fundraising, to support the growth of the businesses she has backed. She will be an excellent ambassador for angel investing and especially to support UKBAA’s mission to encourage more women to invest in the year ahead.”

You can find the full list of the winners here.