EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

EUROPEAN BUSINESS ANGEL NETWORK - Directory of Network 2005
Matching products of the network:
• Matching through Bulletin / Newsletter
• Computerised data-base matching service
• Personal introduction (on a one-to-one basis)
• Investment clubs
• Investment forum
• Specific services for high-tech investments
Other support:
• Investment-Readiness Grant Scheme
• Investor Development and Syndicate Building Programmes
How are clients acquired?
• Information events / seminars
• Own newsletters
• Articles in local / national Press
• Established co-operation with local banks / financing institutions / accountants
• Other (referrals from public enterprise support agencies)
Fees:
o Fees charged from entrepreneurs looking for financing: 150-2000 € and sometimes equity
participation
o Fees charged from Business Angels: 100-500€
Note: LINC Scotland has been involved in setting up and supporting a number of Angel
syndicates, which are getting a larger share of projects submitted and deals initiated each
year. Where direct assistance has been given by LINC on individual deals these are included
in the figures above.
Estimate of the number of jobs created as a result of the network activity over the last 3
years:
N.B.
In 3 years to 31/12/04 number of jobs created or safeguarded = 1122 AT POINT OF DEAL
Information on subsequent increase or decrease in employment, which could be significant, is
not available.
Success story:
Name of
company
Wolfson
Microelectronics
Ltd
Sector of
activity
Date of
investment
Amount
invested
(€)
Number
of angels
involved
Date
of
exit
Microelectronics 1999 £200,000 15 Oct
2003
206
Multiple of
return for
investors (i.e.
times return
on money)
20+