Our second Scottish Entrepreneurs Lifetime Achievement Award was presented at our Annual conference which took place at the Assembly Rooms on the 22nd of May. The Judging Panel for this Award was once again chaired by Graham Langley of GL Capital & Ambassador in our Executive team and he was joined by fellow Ambassador, Alan Steel of Alan Steel Asset Management and WeDO Chairman, Russell Dalgleish of Exolta Capital Partners who is also our Chairman.
The Lifetime Achievement Award is in recognition of a Scottish entrepreneur who has made a considerable and lasting contribution to the entrepreneurial community in Scotland over a period of at least 15 years. This Award is the only WeDO Scotland Award that can be awarded to both members and non-members.
We are delighted that the very worthy winner of the Award is Barry Sealey CBE, one of Scotland’s foremost angel investors & co-founder of Archangel Informal Investment. Today Archangel is chaired by Gavin Gammell and run by John Waddell and his full-time team of investment professionals in Rutland Square. The syndicate has over 100 investors and invests around ?10m a year in its portfolio of companies, which include Bloxx, Arrayjet, Indigo Lighthouse, Reactec, Touch Bionics and others. Since inception in 1992, Archangel has invested in more than 80 businesses which have created in excess of 1,000 jobs. Barry stepped down from the Archangels board two years ago but still plays an active part in promoting its work.
Prior to establishing Archangel, Barry spent 32 years as a deal-maker and innovator rising to the top of Christian Salvesen, one of Scotland?s leading international businesses, and it was his retirement from these duties, at the early age of 55, which gave him the energy, desire and a modest pot of cash to begin a new chapter as an angel investor. Since “retiring” in 1990, he has also found time for stints on the boards of companies such as Stagecoach Holdings and chairing public sector bodies such as Edinburgh Healthcare NHS Trust.
Barry has been an inspiration to an abundance of people in the Scottish business community and we are honoured that he accepted our Award.