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Edinburgh-based angel investor Nelson Gray

International gurus want tax breaks to help boost angel investment.

The latest Young Company Finance Index shows angel investors poured $30.7 million into 97 deals with New Zealand starts-ups and entrepreneurs last year.

Spend was down $24 million on 2010, but until last year the figure had been steadily rising since 2006. In the past six years, a total of $220 million has been invested by angels in New Zealand.

Recently, the Angel Association held an angel investors’ summit in Wellington, with a number of guest speakers from around the world.

To read the original article: Angel investors want NZ 'tax tweak' | The National Business Review