What did investors do in the Creative Industries in 2023?

Established in 2012, Business Angels Europe (BAE) is the European Confederation of Angel Investing, and on behalf of the EIT Culture & Creativity, BAE circulated in 2023 for the first time an investment survey about cultural and creative sectors and industries to some 10.000 investors.

The aim of the survey was to identify key actions to increase investment in cultural and creative industries, based on the recommendations and ideas gained from the investors themselves.

The highest levels of participation were from investors in Western Europe with 74% of the respondents coming from UK, France, Italy, Belgium and Germany.

The recommendations reflect the views of investors and those not investing and are: awareness and education, dedicated CCs accelerator programmes, build a connected CCs investment community across Europe, creating new sustainable European funds.

Digital Media and Content was the top area where investors are focused, with over half of the respondents investing (52%). This reflects the opportunities covered through this subsector and the distinct rise in popularity of businesses focused on digital media resulting from the pandemic.

Read the report here.