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EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

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

2004<br />

Number of projects submitted 24<br />

Number of Angels 17<br />

Number of deals made 0<br />

Average amount of the deal -<br />

In 2004 there have been two business angels who decided to invest in two of the presented<br />

companies, but the deals haven’t been accomplished yet . The BA’s and the companies are<br />

still in negotiation.<br />

Matching services of the network:<br />

• Investment forums and fairs<br />

• Database of contacts<br />

• Newsletter or information bulletin<br />

• Meetings<br />

• Specific service for business angels investing in high-technologies<br />

How are clients acquired?<br />

• Event and information fairs<br />

• Newsletter<br />

• Targeted publicity<br />

• Articles in the regional or national press<br />

• Giving lectures in regional service clubs<br />

Fees:<br />

o No Fees charged to entrepreneurs<br />

o Fees charged to business angels: 100€ - 500€<br />

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

years: n/a<br />

Success story: n/a<br />

26

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