EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

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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, 211 M

• Sponsors EUROPEAN BUSINESS ANGEL NETWORK - Directory of Network 2005 Fees: o SMEs initial registration fee: £400 to present at investment meeting o SMEs success fees: £1,000 + 3% o Annual fee for Angels: £175 pa + VAT Estimate of the number of jobs created as a result of the network activity over the last 3 years: Assume 3-5 jobs per investment deal: approx. 200 jobs Success story: Name of company Sector of activity Hardide Industrial coatings Date of investment Amount invested (€) Number of angels involved Date of exit 2000 420,000 5 April 2005 See www.oion.co.uk/press_releases/hardide_AIM.html for details. *For one specific institutional investor that exited on listing 212 Multiple of return for investors (i.e. times return on money) 3x*

• Sponsors<br />

<strong>EUROPEAN</strong> <strong>BUSINESS</strong> <strong>ANGEL</strong> <strong>NETWORK</strong> - Directory of Network 2005<br />

Fees:<br />

o SMEs initial registration fee: £400 to present at investment meeting<br />

o SMEs success fees: £1,000 + 3%<br />

o Annual fee for Angels: £175 pa + VAT<br />

Estimate of the number of jobs created as a result of the network activity over the last 3<br />

years: Assume 3-5 jobs per investment deal: approx. 200 jobs<br />

Success story:<br />

Name of<br />

company<br />

Sector of<br />

activity<br />

Hardide Industrial<br />

coatings<br />

Date of<br />

investment<br />

Amount<br />

invested<br />

(€)<br />

Number of<br />

angels<br />

involved<br />

Date<br />

of exit<br />

2000 420,000 5 April<br />

2005<br />

See www.oion.co.uk/press_releases/hardide_AIM.html for details.<br />

*For one specific institutional investor that exited on listing<br />

212<br />

Multiple of return for<br />

investors (i.e. times<br />

return on money)<br />

3x*

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