EBAN releases Landmark Study on Measuring the Economic Impact of Angel Investments
EBAN, in collaboration with Lourdes Moreno from Deusto University and its associated angel network Crecer+, presented the output of the latest reasearch on angel investments' economic impact.
The research collected the impact of investment in 1661 businesses from 37 countries in Europe and concluded the following:
» Angel investment more than triples the number of jobs in the company over a 4-years period;
» Revenues generated grow on average 150%;
» Company assets increase by 157%;
» Companies in the ICT sector generate a positive EBITDA by the end of the 4-years period.
Learn more about this research.
EBAN Statistics Compendium
EBAN's latest statistics place angel investment as the major financier of ealry stages with €5,5 billions invested in 2013. While a summary compilation of data was previously shared in this newsletter, an extended version with further detail information is now available in the following link
Launch of the Future Internet Business project
Connecting Future Internet Businesses With Early Stage Investors
EBAN is implementing from July 2014 the Future Internet Business project under the context of the Future Internet Public Private Partnership (FI-PPP). The FI Business will provide a standardised set of tailored services
for developers, web-entrepreneurs, start-ups and SMEs building applications and services on top of Future Internet technologies helping them to settle their business and enhance growth
The FI Business starts in the dawn of the 3rd phase of the FI-PPP to provide adequate business development, acceleration and investment support to all internet-innovation driven European SMEs. EBAN will play a critical role in this project, notably in the implementation of the Growth Track
where coaching and investment forums
will give SMEs the required preparation and access to early stage investors.
Stay tunned to know how can you participate in this project either as an investor, a coach or an entrepreneur. For additional info visit the following link
EBAN names Dr. Jean-Noel Durvy as Senior Counselor, Special Projects
Dr. Jean-Noel Durvy will assume the newly created post of Senior Counselor, Special Projects in EBAN. Durvy is a specialist in innovation and European policies and will help EBAN with its goal of funding and helping grow European Start-Up Success Stories. "EBAN is looking forward to availing of Dr. Durvy’s great expertise in new projects going forward which will combine the power and energy of Europe’s private sector with the collaborative facilitation of the European Union” announced EBAN President Candace Johnson
In the context of the first meeting of the newly elected EBAN Board in Nice, France, the Board Members met at Skema Business School with Mr. Roman Shaykhutdinov, Vice Prime Minister of the Republic of Tatarstan, Senator Pierre Laffitte, Founder/ Honorary President of Sophia Antipolis and Dominique Fache, President of Sophia Antipolis.
Unavailable to travel to Ireland to receive the Early Stage Investor of the Year award on stage during the 14th EBAN Congress, Jari Ovaskainen (left) received the trophey from the EBAN Vice-President Ari Korhonen (center) and FiBAN's Chairman Riku Asikainen (right) in Helsinki in a lunch on June 16th.
EBAN welcomes 4 new members!
ClearlySo, United Kingdom [Network] exists to be a leader in the social entrepreneurship marketplace, helping entrepreneurs find the capital they need for growth and assisting socially minded investors to find attractive opportunities.
New Gen Angels, United Kingdom [Network] is a members-only investment Club for high liquid professionals and sophisticated angels, Ultra High Net Worth Individuals, venture capital firms, family offices and angel networks with an interest in Africa.
Paragon Europe, Malta [Associate] is an outstanding innovator within the framework of business advisory and consultancy, financial management, EU funds and projects. With a broad network and esteemed partners all across Europe, Paragon exhibits excellence towards the implementation of strategies to strongly brand-up your company.
Panayiotis H. Ketikidis, Greece [Affiliate]
With over 25 years of experience in research funding, education and management, Professor Ketikidis has been listed in numerous science and engineering articles.
EBAN Members & Partners' News & Updates
Denmark Proposes Generous Tax Deduction for Startup Investors
The Danish government is planning to introduce new tax deductions to favour startup investors as a part of the 2020 plan.
EIG Invites You to an Online Pitch
Media Deaks, in the context of the European Investors Gate project invite all investors interested in ICT businesses to join their next e-pitch session on July 8th at 5pm CET.
LBA Fuels Growth of UK Economy
Since 2009, 200 technology firms have presented at LBA investor events, in which 84 received funding, being the failure rate just a 14.6 % up to date.
Loyalis, a Belgrade-based startup, headlines his funding experience after raising investment from a local tech business accelerator and a Slovenian angel investor.
June has brought declines both in volume and value of angel investment in Europe. 19 transactions with an aggregate value of €22M have been signed off, which does not compare favourably with the 42 worth EUR 133 million announced in May.
EARLY STAGE MARKET
2014 Bank of Ireland Startup Awards
By celebrating the entrepreneurial spirit, the Startup Awards seek to recognise and reward Ireland’s most dynamic Startup businesses. Deadline: August 17th.
EIBURS provides grants to university research centres working on research topics and themes of major interest to the Bank. Sponsorships, of up to €100,000 per year for a period of 3 years, are awarded through a competitive process to the interested parties.
Call for expression of interest - Business coaches