Tiago Botelho


  • 1.24 Thomas Paine Study Centre

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Personal profile


I joined Norwich Business School as a Lecturer in Business Strategy in August 2015. Prior to joining NBS I held teaching positions (lecturer, teaching assistant, and tutor) at the University of Glasgow, University of Strathclyde, Universidade Nova de Lisboa, and Piaget Institute. I hold a BA degree in Economics from the Universidade Autónoma de Lisboa (Lisbon, Portugal) and a Masters (MA) degree in Finance and Business Economics from Fundação Getúlio Vargas, Escola de Pós-Graduação em Economia (Rio de Janeiro, Brazil). I have completed two Postgraduate Certificates: a Research Masters in Economics, Universidade Nova de Lisboa and a Research Methodology for Business and Management, University of Strathclyde.  I hold a PhD in Management at the University of Glasgow on the topic of business angel investing.

My research interests are in entrepreneurial finance and methodological applications. The first stream of my research has been on business angels’ decision making criteria. The second has question the comparability of different methodologies to address this issue.

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Key Research Interests

My research interests are in entrepreneurial finance and methodological applications. The first stream of my research has been on business angels’ decision making criteria. The second has questioned the comparability of different methodologies that examine business angel decision making. My interest in angel research extends beyond the investment decision to include:

  • Interactions with other funding agents (e.g. venture capital, crowd investing, and incubators)

  • How business angels add value to the businesses in which they invest.

  • Exit strategies of angel investors

  • Market evolution and size

  • Level of heterogeneity of the angel population

The methodological focus of my research interest aims to:

  • Question the use of particular methods in entrepreneurial finance

  • Comparative analysis of the use of different methods

  • Methodological development

For bibliometrics of my work see Google Scholar and ResearchGate. You can access my working papers and some of my publications on my SSRN account.



Research Associate

 2011-2013 - ESRC project on Business Angel Exits 

Honours and Fellowships

 2013-2015 - Adam Smith Research Foundation scholarship, University of Glasgow

Referee for: Venture Capital: An International Journal of Entrepreneurial Finance

Technical Report:

Botelho, T., and Chalvatzis, K. 2018. "Developing a Sustainable Future - Evaluating Angels Views on Green and Clean Tech"

Mason, C., and Botelho, T. 2014. “The 2014 Survey of Business Angel Investing in the UK: A Changing Market Place.” 

Professional Activities

In the past four years I have been actively involved with the business angel community. This involvement has resulted in recent media cover:

Number of UK female business angels on the rise, claims report, realbusiness, November 2014

Significant growth in number of women business angels in the UK, Privateequitywire, November 2014

The Three Secrets To Hooking A Business Angel, Forbes, October 2014

Are Groups the future of angle investing?, NCUB, February 2014

Innovation Diary: Why it could take a network of angels to rescue startups’ faulty funding escalator, CITYA.M., Januar 2014

Entrepreneurial activity boosted by angel groups, The Herald, January 2014


Enterprise and Engagement

Since joining NBS, I have been involved with the Spotlight programme.

Recently, I took part of a Business Angel Europe conference presenting the new research agenda. 

My students from the MSc in Enterprise and Business Creation supported a local charity with a class activity.




Administrative Posts

Office hours: Fridays 2pm to 4pm.

Administrative Posts

Course leader of Business and Management (UG Programme)


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