THE business angels who provide vital funding for firms with high growth potential look set to be "very much open for business" this year despite the uncertain economic outlook, according to a leading sector authority.

David Grahame, executive director of the LINC Scotland association of business angels, said members will likely be busy in 2012 when official incentives should provide a boost to investment in early stage ventures.

"2012 looks promising and there are clear signs that the market is very much open for business," he told The Herald.

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