Promoting cross border investing by business angels in the European Union

Colin Mason, Tiago Botelho, Joe Duggett

Research output: Contribution to journalArticlepeer-review

13 Citations (Scopus)
7 Downloads (Pure)


The supply of entrepreneurial finance in Europe is constrained by the geographical fragmentation of its capital market. The need to facilitate more cross-border investing by business angels – the main source of early stage finance–is recognized. A study of business angels on the island of Ireland identifies three constraints on cross-border investing: (1) lack of information on cross-border investment opportunities; (2) the preference of angels to invest locally; and (3) tax incentives that are only available for investments in the angel’s own country. Increasing cross-border investment requires mechanisms that build relationships between business angels in different countries.

Original languageEnglish
Pages (from-to)1391-1403
Number of pages13
JournalRegional Studies
Issue number8
Early online date2 Sep 2021
Publication statusPublished - Jul 2022


  • angel groups
  • business angels
  • cross-border investing
  • entrepreneurial finance
  • investment decision-making
  • tax incentives

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