Angel investment grew 19% in Europe in 2012
The European angel market recorded a consistent growth in 2012 breaking the 5 billion Euros barrier. The data, revealed by EBAN and collected through EBAN members and credible sources across Europe (eg. government agencies, BvD...), also shows an increased number of Business Angels (BA) and Business Angel Networks (BAN). This growth is mostly due to an increased activity in the 10-30 million investment range markets with a particular highlight to countries such as Finland (+42%), Ireland (+61%) and Turkey (+116%). On the more established markets we notice a significant increase of the activity in the UK (12%) and Spain (5%) while France angel investment falls 10%.
EBAN highlights the impact angel investment is having in the economy, with an estimated number of 17.881 jobs created from investments held through BANs (visible market) in 2012. From the data collected, it is evident that the more angels are attracted to the market, the more start-ups are supported revealing a market failure (capital supply), a challenge EBAN is committed to address by identifying and educating new generations of angel investors.
Download the EBAN Statistics 2012
EBAN signs MoU with the European Mutual Guarantee Association (AECM)
Jose Fernando Figueiredo (President of AECM) and Paulo Andrez (President of EBAN)
and EBAN have agreed on a strategic relationship between the two organisations to increase the range of instruments mixing guarantees and equity investment. AECM members issued 25 bn EUR in guarantees and held a portfolio of 79 bn EUR in 2012 which makes this a very interesting market to be further explored in the perspective of angel investors. The partnership was signed and announced on June 21st in Rome during AECM's annual Conference which featured, among others, Richard Pelly, the President of the European Investment Fund. The goals of this partnership signed in Rome are:
- Identify best practices of mix instruments with guarantees and equity investments in Europe and beyond;
- Suggest those best practices and new possible instruments combining guarantees and equity to the European Commission and to European countries, in particular.
- Exercise a lobby action to implement those instruments within already existing European instruments and at member states level.
Guest post: Introduction to Impact Investing
Frédéric Théate, member of Impactory and National President 2013 of JCI Luxembourg writes on his learnings from the training held by Maximilian Martin (Impact Economy) at the EBAN Congress in May. We invite you to read through his guest post where angels have a key role to play. [read article
EBAN collaborates with World Economic Forum to foster innovation-driven entrepreneurship in Europe
EBAN participated in the latest WEF meeting focused in regional agenda to identify new solutions to improve access to capital of European entrepreneurs and SMEs. The meeting which took place in Berlin on July 3rd gathered practitioners from the investor and entrepreneurial community committed to contributing to an innovation-driven entrepreneurial Europe and will continue meeting as a preparation for the annual high-level conference in Davos.
Macedonia: in the dawn of angel investing
EBAN's Director of Secretariat, Luis Galveias and Ilija Vuckov (EMKICE
) met with Andrej Lepavcov, Macedonian Ambassador to the EU in Brussels and with his Chancellor, Trajce Rushev, to present a set of policy recommendations to stimulate Macedonian angel investment community which is featuring a starting business angel network in an already very attractive local tax environment. The meeting was also an open invitation to support the "Awaking Macedonian Angel Investment Scene" event scheduled to take place during the European Business Angels Week (18/24 November 2013).
EBAN welcomes SISP