EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

4. BAN legal status
EUROPEAN BUSINESS ANGEL NETWORK - Directory of Network 2005
British BANs can be commercial, public sector, commercial and working for the public sector,
or not-for-profit organisations.
The majority of BANs enjoy privileged relations with the private banking sector and/or with the
venture capital industry.
5. National association
Over the past year there has been a large change within the UK’s national association, the old
organisation NBAN has evolved into the British Business Angels Association (BBAA). The
British Business Angels Association (BBAA) is the new National Trade Association for the
UK’s Business Angel Networks and its Associates and Affiliates. BBAA is promoting the
recognition of Business Angel Networks (BANs) and organised angel groups. BBAA has a
number of roles ranging from highlighting the contribution business angels make to the
entrepreneurial culture to supporting its members and lobbying government to encouraging the
exchange of best practice, experiences and ideas between its members. It specifically does
not have a purpose to promote investment opportunities to investors or to advisers.
6. Dissemination of the BAN concept
Most media have published or broadcast pieces on Business Angels and BANs. Entire TV
programmes have for example been dedicated to this issue. A VHS-Cassette was even
produced explaining BAN and BA activities.
Business angels are becoming increasingly publicised as a form of funding for small
businesses in the UK. This is mainly though television programs such as ‘Dragon’s Den’. The
BBAA continues to increase the awareness of business angels through the national press.
7 EBAN members
BBAA
Equity Link
LINC Scotland
London Business Angels
Finance South East Limited
Advantage Business Angels
Business Link Devon & Cornwall
TEChINVEST
HALO
Xénos
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