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Finnish Business Angels Network - FiBAN


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The Finnish Business Angels Network (FiBAN) is a national, non-profit association of private investors that aims to improve the possibilities for private persons to invest in unlisted potential growth companies. The association’s work is based on the activity by private investors and cooperates with networks supporting high-growth goals.

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Published in: Economy & Finance, Business
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Finnish Business Angels Network - FiBAN

  1. 1. BUSINESS ANGEL NETWORK Activity and members
  2. 2. FiBAN is a association of private investors that aims to improve the possibilities for private persons to invest into unlisted potential high-growth companies. •  •  •  •  •  A non-profit, private investor driven association Deal flow and investor match-making Inspires investment syndication Trainings and seminars Best practices and guidance
  3. 3. BUSINESS ANGELS Business angels are private individuals who invest their own money in high potential startups in exchange for a share in the company, and also contribute their expertise in business management and their personal network of contacts. VIDEO
  4. 4. BUSINESS ANGELS OFFER Private investments made in unlisted early-stage companies aiming for high-growth and looking for private investors. Knowledge Active Networks Capital Passive
  6. 6. FINNISH HIGH-GROWTH •  4.8% of all Finnish companies are highgrowth companies, these companies create +50% of all new jobs! •  There are approximately 300-600 companies aiming for high-growth !
  7. 7. TOPIC
  8. 8. Angel-funded firms are more likely to ✓  ✓  ✓  ✓  survive longer raise additional financing show improved venture performance and growth benefit from features like mentoring and networks
  9. 9. HIGH-RISK INVESTMENTS 10%  Succeeds  well   40%  payback     Syndication shares risk First angel investments are recommended to be done in a group to gain experience and share risk. •  1/20 succeeds with 88% approx. 50%  Fail   •  1/10 succeeds 66% approx.
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  12. 12. ANGEL NETWORK STATISTICS EUROPE US FINLAND Networks 400 340 3 Estimate # of angels 75k 259k 500 Total estimate invested annually by angels (€) 3-4 billion 18 billion 50 milj. VC Investments in seed and start-up/early stage Circa 2 billion 6 billion 60 milj.
  13. 13. STARTUP PROCESS SUBMIT SCREENING PITCH INVESTMENT/ SYNDICATION •  Free-of-charge •  Includes investor feedback •  Links to growth resources •  Visible for 3 months ca 1 week •  Companies chosen to pitch •  In cooperation with Finnvera ca 3 weeks •  Short presentation to wake investor interest •  Sector-based and regional events ca. 6 weeks •  Investor evaluation (due diligence) •  Alone or in group •  Capital and/or sweat equity (knowledge) ca 2 – 4 months
  14. 14. ANGEL SERVICES Investor profiles Investment tools Ref-accreditation business-angels Best practices Sector based angel groups Deal flow bestpractices dealflow
  15. 15. ANGEL EVENTS BREAKFAST SCREENING For new and interested BAs Evaluation of new deal flow PITCH SYNDICATION PITCH PITCH INDUSTRY New deal flow presentation Syndicated followup investments Sector based presentation
  17. 17. CONTACT BOARD 2014 Riku Asikainen, pj. Jaakko Salminen, vpj. Anne Berner Juha Kurkinen Aarne Sipilä Pekka Vartiainen REGIONAL ANGELS Petri Lehmuskoski, Turku Olli-Pekka Kulmala, Tampere Kari Ollila, Pori Raimo Kuismin, Oulu Ari Korhonen, Lappeenranta Sami Etula, Jyväskylä HALLINTO Jan Oker-Blom, MD (+358)405517551 Claes Mikko Nilsen, Coordinator (+358)504913001 BECOME AN ANGEL MEMBER? SUBMIT PITCH
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