Business Angels in Europe today Pablo Garrido EBAN
EBAN Board & Team Paulo Andrez President Ari Korhonen Albert Colomer Baybars Altuntas Vice-President Exec. Committee Exec. Committee Board Luisa Alemany, ESADE, SPAIN Baybars Altuntas, TBAA, TURKEY Paulo Andrez, FNABA, PORTUGAL Francisco Banha, Gesventure/ Business Angels Club, PORTUGAL Peter E. Braun, Mountain Club AG, SWITZERLAND Aleksandar Cabrilo, Serbian Business Angels, SERBIA Albert Colomer, BANC, CATALUNYA Candace Johnson, Sophia Business Angels, FRANCE Ari Korhonen, FiBAN, FINLAND Hedda Pahlson-Moller, LBAN, LUXEMBOURG Juan Roure, AEBAN, SPAIN Dimitris G.E. Tsigos, Start Tech, GREECE Luis Galveias Director of Secretariat Pablo Garrido Head Office
EBAN Members Business Angel Networks (BANs) Federations of Business Angel Networks Early Stage Venture Capital Funds Business Angels Business Accelerators E-funding Platforms (non-investors) Associate Members (Other entities involved in promoting the early stage investment market in Europe)
EBAN s Mission
Number of BANs* in Europe Slide content *BAN Business Angel Network/Group
Amount Invested by BAs members of BANs (M ) estimated to total BANs 427M 508M
Amount invested: Size of Visible/ Invisible Market 2011 2012 427 M 508 M 4.745 M 5086 M Visible Market 9% 10%
SAMPLE OF CURRENT ACTIVITY Sectors of Investment Others 8% Manufacturing 5% Retail and Distribution 8% Environment and Cleantech 14% ICT 34% Creative Industry Mobile Health Care 6% 7% 12% Biotech and Life Science 6% Source: EBAN Statistics Compendium 8
SAMPLE OF CURRENT ACTIVITY Companies Co-funded by BA s Water U Can Trust Invented a global solution to offer improved drinking water on the streets. Our Street Vending Dispensers (SVD) units are solar powered and thus a sustainable icon on the street. New long-term global high tech employment opportunities with over 10 million units. We offer free drinking water for all children and the very poorest people globally on a daily basis. LEAKCURE The LEAKCURE project aims at the market uptake of a trenchless method of repairing small water pipes leakages with trenchless technology and without previous detection. This technology does not require leakage detection or location and selfpenetrates the leakage, sealing and permanently curing it. The high level objective of the LEAKCURE project is to support rapid market penetration, adoption and replication of a breakthrough leak repair technology for water mains distribution networks in Europe.
SAMPLE OF CURRENT ACTIVITY So-Lar Smart Heating Systems Limited Sunni has developed a breakthrough technology three coil hot water cylinder developed which enables solar heating domestic and commercial for up to 10 months each year. Their UK patent granted, enables their system to deliver energy cost savings around 50% per annum. Investment made by a BA alongside a small green energy fund. Early Stage Funds Water Sector Angels on the Water - Fund investors Angels on the Water (www.angelsonthewater.com) infuses high-growth companies with capital and connects them with business mentors. a) diversifies monetary risk by increasing the level of knowledge and experience b) empowers angel investors to build and maintain a portfolio of investments c) streamlines the funding process for the entrepreneur
SAMPLE OF CURRENT ACTIVITY CleanTech & Impact Investing: Synergies Along with philanthropy and government aid, impact investors seek opportunities for financial investments that produce significant social value or environmental benefits The leverage of private capital into needy communities/ countries across the globe is an increasing tendency Impact investing is attracting the attention of government and business leaders globally. More investors are also interested in the water field, which is strongly recommended & linked to cleantech Investments not only create wealth, but also benefits society s development.
Business Angels VCs Business Angels vs VCs investments in early stages 5,1 b 1,9 b Source: EBAN, EVCA 2012
Impact in the economy (year of investment, 2012) Businesses Funded 2.900 Jobs Created 17.700
7 Things You Think You Know About BA
EBAN Activities EVENTS Annual EBAN Congress (Dublin, 19-20 May 2014) Annual Winter University (Helsinki, Fall 2014) Training Sessions (events & online) 1 st European Business Angels Week (18-24 November 2013) EBAN Annual Awards Business Angel of the Year, Business Angel Network of the Year, Early Stage Fund of the Year and other awards.
Initiatives: Publications Publications in partnership with BDO
Initiatives: Publications Angel Investment Booklet for Entrepreneurs and for Investors Partnership with HBAN 6 Distribution agreements Cyprus, Estonia, Lithuania, Serbia, Malaysia, Portugal 2 Translation agreements Macedonia, Turkey
Initiatives: Research STARTING POSITION From our database we have selected a sample of 221 companies for which we have employment and revenue information from the year of investment The sectorial analysis for both the database and the sample gives us enough comfort on the representativeness of the sample IMPACT of BA Investments Database of 963 European start-ups Sample of 221 European start-ups