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YES supports the 13th EBAN Annual Congress


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YES supports the 13th EBAN Annual Congress

  1. 1. YES – EUROPEAN CONFEDERATION OF YOUNG | | Vautier, 54, B - 1050 Brussels, Belgium, Tel +32 22803425Brussels, BelgiumFriday, May 10th 2013PRESS RELEASEYES – European Confederation of Young Entrepenreurs, representing theYoung Entrepreneurs of the European Union, proudly supports the 13th EBANAnnual Congress ( taking place on May 13-14th .The most significant European angel investment scene event, the EBAN (EuropeanBusiness Angel Network) conference, is hosted this year by the Austrian AngelInvestors Association (AAIA) for the first time in Vienna. The Congress will behosted In cooperation with UNIDO und AVCO.300 of the most important angel investors, venture capital firms and earlystage fund managers meet at the House of Industry and make Vienna a hotspotof the international early-stage investment scene.The term business angels refers to individuals investors that contributefinancially to a startup company or projects and incorporate both capital andsustainable know-how and contacts in their investments. Often they are (former)entrepreneurs or top managers.For already active business angels and for those interested, the EBAN Congress2013 offers a unique opportunity to network with international investors,exchange experiences and to acquire further know-how for their owninvestments through offered trainings and coachings.Austrian Minister of Finance and EU Commission Representative openingthe congressAngel investors play an increasingly important role as investors in the economy.To reinforce the economic significance of angel investors at the political level,Austrian Minister of Finance Maria Fekter and EU Commission RepresentativeChristian Weinberger will officially open the congress with a speech.
  2. 2. YES – EUROPEAN CONFEDERATION OF YOUNG | | Vautier, 54, B - 1050 Brussels, Belgium, Tel +32 22803425Awards CeremonyA highlight of the annual conference is the presentation of the EBAN Awards.Those include the category "European Business Angel of the Year", which offersadditional networking opportunities for investors at a formal ceremony at theGala Dinner on 13th May.Economic factor Angel Investor"To bring the renowned congress to Vienna is an important achievement and ahonor for the Austrian Angel Investors Association. We are proud of the manynational and international partners such as UNIDO and the Ministry of Financeand the AWS ", says Selma Prodanovic, AAIA co-founder and CEO, adding:"Worldwide, the notion that start-ups contribute significantly to the innovativecapacity of a country to create jobs and thus increase the prosperity of a nationhas become accepted. Business angels contribute essential funds to start-ups,thereby becoming an increasingly important economic factor. "AAIA as a national Angel Investor NetworkThe AAIA (Austrian Angel Investors Association) has successfully establisheditself since its foundation in 2012 as the national advocacy for Angel Investors.Meanwhile, it has won many active supporters such as Hansi Hansmann, VeitSorger, Manfred Reichl, Nemsic, Markus Wagner tsch or WernerWutscher who are members of AAIA. The aim of the AAIA is to connectexperienced angel investors and those who want to be angel investors.There are monthly investment lounges which provide a lively deal flow ofinvestment opportunities. AAIA has already prepared a paper in the "Tax ExpertGroup" working group about the Austrian tax requirements to improve the legalframework of Angel investments in Austria.
  3. 3. YES – EUROPEAN CONFEDERATION OF YOUNG | | Vautier, 54, B - 1050 Brussels, Belgium, Tel +32 22803425"In the medium term AAIA has planned to have representatives in all provincesto better organize local angel network initiatives and support for youngcompanies or interim financing and generally for those who need alternativesources of funding," says Stefanie Pingitzer, founder and deputy director of theAAIA."In contrast to most other European countries the terms angel investmentbusiness angels are still not widespread in the population in Austria. We have totell success stories and promote the importance of angel investors for theAustrian economy, "says Hansi Hansmann, CEO of AAIA and Austrian SuperAngel with already 18 private equity investments and adds:" The organization ofthe EBAN Congress will nationally as well as internationally promote theimportance of angel investors as an alternative source of funding and showexamples of several successful investments. It will demonstrate what return oninvestment and return of fun the right investment decisions can provide forangel investors.For more information and tickets to the event, please visit:http://www.eban2013.comMore information on the Austrian Angel Investors Association is availableat: