EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

EUROPEAN BUSINESS ANGEL NETWORK - Directory of Network 2005
CONNECT Latvia Business Angel Network (In creation)
2005
Contact person Elmars Baltins
Contact details Azenes iela 20
Riga, LV-1048
T: +371 708 9178
E: info@connectlatvia.lv
W: www.connectlatvia.lv
Type of network National
Date of creation September 2005
Employees 1
Legal status Project run by CONNECT Latvia
Hosting organisation CONNECT Latvia
Formal partner organisations Latvian Investment and Development agency
Funding sources (foreseen):
5%
20%
75%
Public National
Fees from
Business Angels
and enterprises
Other (sponsors)
2005
Number of projects submitted -
Number of Angels -
Number of deals made -
Average amount of the deal -
Matching products of the network:
• Networking events for investors
• Personal introduction (on a one-to-one basis)
• Financial forums
• Mail presentation to all private investors
• Assistance in preparation of a business proposal summary
How are clients acquired?
• Information events / seminars
• Visits / meetings with enterprises / entrepreneurs
• Articles in local / national media
• Established co-operation with local banks / financing institutions / accountants, lawyers;
embedding in sector of public promotion companies for SMEs,
• Partnerships with universities, academies/colleges, science parks; public relations,
direct mailings.
Fees:
o No fees charged to entrepreneurs or business angels
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