EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

EUROPEAN BUSINESS ANGEL NETWORK - Directory of Network 2005
• London Seed Capital – Match fund of £5m exclusively invests with the LBA investors.
Will match investment from a minimum of £50k to a maximum of £100k.
• Ready2invest (r2i) programme – supported with funding by the LDA to increase
London’s Business Angel capacity.
Fees charged from investors:
o Individual Membership: £170 + VAT = £199.75
o Corporate Membership: £270 + VAT = £317.25
Fees charged from investees:
o £950 + VAT = £1,116.25 + 5% Success Fees
Estimate of the number of jobs created as a result of the network activity over the last 3
years: At least 100
Success story:
Name of
company
UK
Explorer
Sector of
activity
Date of
investment
Amount
invested
(€)
Number of
angels
involved
Date
of exit
Technology 2001 300,000 1 Feb
2005
208
Multiple of return for
investors (i.e. times
return on money)
undisclosed