EUROPEAN BUSINESS ANGEL NETWORK EUROPEAN ... - Idepa

1. Background
EUROPEAN BUSINESS ANGEL NETWORK - Directory of Network 2005
GERMANY
The first German BAN was set up in 1998. The same year also saw the creation of BAND, a
national organisation whose objective is to raise awareness about the importance of regional
BANs as factors of the emergence of a new entrepreneurial culture. BAND is sponsored by the
Federal Ministry for Economics and Labour and by leading state agencies as well as by bodies
from the financial sector and the industries. These original sponsors mainly formed the
membership. BAND has now achieved the sponsorship of the Ministry for Economics of
Rhineland–Palatinate or the Business Angels Day 2004. It developed strong relations with
potent media-partners. BAND has most recently restructured the membership to include
Business Angel Networks. The Board has changed in 2000 and the headquarters moved to
Essen, North Rhine-Westphalia. BAND provides information for entrepreneurs and Business
Angels and the general public about Business Angel culture and acts as speaker for their
interest. BAND provides and organizes further education for all players in the market of Private
Equity.
2. Statistics
1998 1999 2000 2001 2002 2003 Mid 2004
Number of BANs 0 - 43 36 40 40 40
Number of Business Angels 0 n/a n/a 750 1200 1025 1025
Number of deals 0 1 n/a n/a n/a n/a n/a
Number of accredited projects 0 n/a n/a n/a n/a n/a n/a
Number of commercial BANs 0 1 3 4 4
Number of non-commercial BANs 0 0 1 35 37 36 36
Number of national BANs 0 0 0 1 1 n/a n/a
Number of regional BANs 0 n/a n/a 30 n/a n/a
National association 0 1 1 1 1 1 1
*Information concerning EuBAN can be found on page 29.
3. BAN legal status
BANs operating in Germany are set up as either public sponsored associations, non-profit
associations or private enterprises.
4. National association
As indicated above, the German association BAND was set up as early as 1998 to conduct an
awareness campaign on the concepts of Business Angels and BANs in the regions.
Contact: Dr. Roland Kirchhof / Dr. Ute Günther
Semperstr. 51
45138 Essen
Germany
T.: + 49 201 89 415 –60; F.: + 49 201 89 415 –10
www.business-angels.de; band@business-angels.de
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