1. Ontwikkelingsmaatschappij
Oost Nederland NV
Science Meets Business
Rene Reijtenbagh
6 juni, 2013

2. Business Angel or Informal Investor

3. Business Angels
Wealthy, entrepeneurial individuals who provide risk capital.
Further characteristic: risk capital ánd coaching (additional expertise,
knowledge and networks)

4. Business Angel or Informal Investor?
• Mostly (former/active) entrepeneurs who have sold their companies
• Want Return on Investment, but also “”Kick and Fun””
• Hands on involvement
• Investments between € 50 k and € 500 k € 100 - € 200 k most common
• (pre-)start and expansion
• Mostly in the combination of shares and loans
• To develop a personal relationship

5. Bridging the Equity gap
Time 
Need
€
Start-up Early Growth MaturePre-Seed

6. How to build a good proposition? I
Your product is developed or near completion
You have existing custumers or potential custumers
You’ve invested your own euros and exhausted ohter alternatives
You can demonstrate that the business is likely to grow rapidly
Your business plan is in top shape
High return, realistic offer % shares and loan conditions
Clear view what kind of investor is sought

7. Quality of a Proposition
Willingness
Quality
Entrepeneur?
Demand in the
market?
Solution?
Realise?
Exit
Scalability?
DEAL!
Coach, advise?

8. Trends in the business angels market
1. Not only start-ups but also growing companies
2. Difficult for start-ups to find ba
3. Investing lower amounts in start-ups
4. Syndication/group investing business angels competing with
VC’s
5. Governmental co-investment facility’s for start-ups
6. Social Investing
7. Cross border investing