EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

EUROPEAN BUSINESS ANGEL NETWORK - Directory of Network 2005
OXFORDSHIRE INVESTMENT OPPORTUNITY
NETWORK
Contact person Jon Cox
Contact details Oxford Centre for Innovation
Mill Street
Oxford, OX2 0JX
T: +44 1865 811 143
F: +44 1865 209 044
E: j.cox@oxin.co.uk
W: www.oion.co.uk
Date of creation
1995
Number of employees
3
Type of network
National
Legal status of the BAN
Limited by guarantee
Hosting organisation
Oxford Innovation Ltd
2005
Funding sources:
1) Success fees on investments through OION (£1,000 + 3% - exc VAT)
2) Membership fees for investor members (£175 + VAT annually)
3) Sponsorship (HSBC, Grant Thornton, MTI, Laytons, Frank D Dehn, NESTA, Business
Link Solutions)
The Network reported turnover of £170,000 in its last audited financial year
1996 1997 1998 1999 2000 2001 2002 2003 2004
Number of Business Angels 140 45* 55 80 100 110 120 135 130
Number of projects** N/A N/A N/A N/A N/A N/A N/A N/A
Number of deals made 11 6 7 11 12 14 18 13
Average amount of the
deal
£136k £178k £178k £145k £420k £215k £278k £192k
*OION started charging for investor memberships in 1997
**Not formally tracked before 2005; 45 companies are invited to present to the Network at its
nine investment meetings each year. Typically 300-400 business plans are received by the
Network each year
Matching services of the network:
• Newsletter or Information Bulletin
• Data Base of Contacts
• Company Presentation Events
• Investor Clubs/ Networking Meetings
• Investment Forums & Fairs
• Internet Based Matching Service
• Training in Investment Readiness for SMEs
• Training and Capacity Building for Investors
How are clients acquired?
• Dealflow from peer networks
• Oxford Innovation tenant companies
• OION’s investor members
• University Tech Transfer offices
• Entrepreneurs,
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