EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa
EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa
EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa
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<strong>EUROPEAN</strong> <strong>BUSINESS</strong> <strong>ANGEL</strong> <strong>NETWORK</strong> - Directory of Network 2005<br />
ArticBAN<br />
2005<br />
Contact person Erling Adelstein Bortne<br />
Contact details Teknologiveien 10<br />
N-8517 Narvik<br />
Norway<br />
T: +47 769 672 00<br />
F: + 47 769 672 01<br />
E: erling.bortne@vinn.no<br />
W: www.vinn.no / www.etablerer.no<br />
Type of network Regional network: North of Norway,<br />
covering the counties of Nord Trondelag,<br />
Nordland, Troms og Finnmark<br />
Date of creation 2003<br />
Number of Employees 1<br />
Legal status Private foundation<br />
Hosting organisation VINN (North Norwegian Institute of<br />
Technology and Innovation), created in<br />
1956 as a private foundation.<br />
Funding Sources:<br />
8%<br />
10%<br />
25%<br />
8%<br />
50%<br />
Regional funds<br />
National Funds<br />
Fees from<br />
business angels<br />
Sponsors<br />
Fees from<br />
entrepreneurs<br />
2004<br />
Number of projects submitted 18<br />
Number of Angels 4<br />
Number of deals made 5<br />
Average amount of the deal n/a<br />
Matching services of the network:<br />
• Newsletter or information bulletin<br />
• Database of contacts<br />
• Meetings<br />
• Investment Clubs<br />
• Investment forums and fairs<br />
• Internet<br />
• Specific service for business angels investing in high-technologies<br />
How are clients acquired?<br />
• Event and information fairs<br />
• Newsletter<br />
• Targeted publicity<br />
• Visits to enterprises<br />
• Articles in the regional or national press<br />
• Cooperation agreements with local banking, financial or fiduciary institutions<br />
120<br />
M
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