The European Angels Fund (EAF) in the Netherlands provides €45 million for co-investments with business angels and other non-institutional investors. The EAF will commit €0.25-5 million per investor on a 50:50 matching basis over 10 years to co-invest in innovative Dutch SMEs. To be eligible, non-institutional investors must have experience investing at the targeted stage, a track record of successful past investments and exits, access to quality deal flow, and own funds to match the co-investment amount. The EAF delegates investment decisions to the business angel but takes a 20% carry and ensures its commitments are ring fenced and treated pari passu.
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Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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call us at : 08263069601
4 Courses + 1 Capstone Project :
Understanding Financial Markets
Meeting Investor's Goals
Portfolio and Risk Management
Securing Investment Returns in the Long Run
Planning your Client's Wealth over a 5-year Horizon
Accelerate ayrshire scottishinvestmentbankMartin Jack
Accelerate Ayrshire, 12 February 2015
Guest Speaker, Gary Torbett
Financial Readiness Specialist at Scottish Investment Bank
Why would you ask Scottish Enterprise for funding and support?
What are the funding options and the support systems available from Scottish Enterprise to support growth?
How do you successfully obtain funding and support?
SMSF Advisory can assist Trustees in creating a portfolio of investments in accordance with the Funds Investment Mandate to achieve the retirement needs of the members, together with a Portfolio service and trading reports that save considerable funds at year end accounting periods and provide instant visual assessment of your current position.
Englischsprachige Präsentation von Michael Schulte auf der TechMeetup Veranstaltung am 27. August 2013. Er stellte den allgemeinen Förderprozess sowie verschiedene Förderprogramme vor.
This is an presentation from Michael Schulte, held at the TechMeetup Event on August 27th, 2013. He described the general process of public funding and a few public funding programmes as well.
Strategisch Rekenen aan Zorgvastgoed (Provada AT Osborne)Renee_Dooyeweerd
Op de Provada Masterclass Strategisch Rekenen aan Zorgvastgoed verzorgd. We presenteren onze vertaling van strategisch vastgoedmanagement (CREM) in een Investering- & Scenario-analyse tool (IS-Ato) en de berekening van kostprijsdekkende huur als basis voor een intern verrekenmodel.
NCBOR 2016 | Van curatief naar preventief beheerCROW
Rotterdam is een wereldhaven. Hoe gaat het Havenbedrijf met beheer om? Welke kracht gaat hiervan uit? Paul de Beijer is Hoofd Asset Management van Havenbedrijf Rotterdam N.V. Hij vertelt hoe beheer van water, groen en infrastructuur van het Havenbedrijf tegenwoordig gedreven is vanuit economische overwegingen. Kunnen overheden, gebruikmakend van gemeenschapsgeld, hier ook niet meer op gaan sturen?
A presentation explaining the importance of preparing an estate plan sooner rather than later. A brief explanation of the component parts of an estate plan is included.
4 Courses + 1 Capstone Project :
Understanding Financial Markets
Meeting Investor's Goals
Portfolio and Risk Management
Securing Investment Returns in the Long Run
Planning your Client's Wealth over a 5-year Horizon
Accelerate ayrshire scottishinvestmentbankMartin Jack
Accelerate Ayrshire, 12 February 2015
Guest Speaker, Gary Torbett
Financial Readiness Specialist at Scottish Investment Bank
Why would you ask Scottish Enterprise for funding and support?
What are the funding options and the support systems available from Scottish Enterprise to support growth?
How do you successfully obtain funding and support?
SMSF Advisory can assist Trustees in creating a portfolio of investments in accordance with the Funds Investment Mandate to achieve the retirement needs of the members, together with a Portfolio service and trading reports that save considerable funds at year end accounting periods and provide instant visual assessment of your current position.
Englischsprachige Präsentation von Michael Schulte auf der TechMeetup Veranstaltung am 27. August 2013. Er stellte den allgemeinen Förderprozess sowie verschiedene Förderprogramme vor.
This is an presentation from Michael Schulte, held at the TechMeetup Event on August 27th, 2013. He described the general process of public funding and a few public funding programmes as well.
Strategisch Rekenen aan Zorgvastgoed (Provada AT Osborne)Renee_Dooyeweerd
Op de Provada Masterclass Strategisch Rekenen aan Zorgvastgoed verzorgd. We presenteren onze vertaling van strategisch vastgoedmanagement (CREM) in een Investering- & Scenario-analyse tool (IS-Ato) en de berekening van kostprijsdekkende huur als basis voor een intern verrekenmodel.
NCBOR 2016 | Van curatief naar preventief beheerCROW
Rotterdam is een wereldhaven. Hoe gaat het Havenbedrijf met beheer om? Welke kracht gaat hiervan uit? Paul de Beijer is Hoofd Asset Management van Havenbedrijf Rotterdam N.V. Hij vertelt hoe beheer van water, groen en infrastructuur van het Havenbedrijf tegenwoordig gedreven is vanuit economische overwegingen. Kunnen overheden, gebruikmakend van gemeenschapsgeld, hier ook niet meer op gaan sturen?
A presentation explaining the importance of preparing an estate plan sooner rather than later. A brief explanation of the component parts of an estate plan is included.
From the Oklahoma law firm Cazes Roberts, PC:
A concise yet practical review of what Oklahoma estate planning is, why some would want to do Oklahoma Estate Planning and the tools used in Oklahoma Estate Planning.
FINANCING AGENCY FOR SOCIAL ENTREPRENEURSHIP: CREATING COLLABORATIVE HYBRID F...OECD CFE
The capacity building seminar will gather the main stakeholders who are concerned with building conducive ecosystems for social enterprises: policy makers and administrators, networks of social enterprises and social economy actors, social finance players. T
Grant Funding from Europe for Innovation and New Product DevelopmentThe Pathway Group
EU Framework for Research and Innovation, EU Grants Adviser, EU Grants Specialist, EU Grants information, Grants from European Commission, EU Grants process,
EU Framework for Research and Innovation- Grants from European CommissionThe Pathway Group
EU Grant Funding Framework for Research and Innovation. Horizon 2020 is the biggest EU research and innovation fund ever.It also has an dedicated programme specially for SME organisations
TCI Pathway working with Pera Technology on Horizon 2020 funding UKThe Pathway Group
TCI Pathway Ltd working with Pera Technology are colloborating on a record breaking new product development fund to support innovation in European SMEs.
The scheme, administered by TCI Pathway Ltd with backing of Pera Technology, is part of the EU Horizon 2020 initiative which has committed €82 billion to furthering research and innovation in SMEs over the next 5 years.
The fund will enable individual businesses able to claim up to €3 million for new product development.
The new funding scheme is more than twice the size of the previous SME support pot and aims to see 1,000s of new products developed in Europe before 2020.
Manufacturing and engineering firms are the most likely to benefit from this new source of financial support for innovation and historically, UK businesses have been among the most successful in accessing the new product development funding – second only to Spanish firms and significantly outperforming SMEs in the EU’s two largest economies, Germany and France.
Furthermore, this new funding scheme has been developed to improve ease of access for SMEs. Unlike previous budgets, Horizon 2020 does not require SME businesses to join larger consortiums, the application process has been made simpler and the European Commission will be obliged to provide a response to funding applications within six months of submission.
In order to be applicable for the larger research and development fund businesses must demonstrate market demand and there is a feasibility study grant of €50,000 lump sum available to business for this purpose.
This level of funding is very unique and been made available to small and medium sized business for new product development purposes. The UK is in an enviable position to benefit from this EU grant opportunity fund, having overtaken the two largest economies in Europe in terms of bidding success. There is no doubt that the larger amount of funding and fewer restrictions associated with Horizon 2020 will see more businesses than ever before applying.
SMEs have been identified by the European Commission and national governments within the EU as the source of future economic growth. There are 20 million SME businesses in the EU and 4.8 million in the UK.
Please contact Principal of TCI Pathway Ltd - Safaraz Ali on 0121 7070550 or by mobile: 07974650751
Horizon 2020 - EU Funding Opportunities, SME instrumentThe Pathway Group
Horizon 2020 - Find out about current EU funding opportunities.
Horizon 2020 is designed to be simpler than previous European Commission funding programmes with only two funding rates for direct costs and a single flat rate for indirect costs. The evaluation and negotiation processes have been speeded up to reduce the time between the Call deadline and projects starting.
European Private Equity & Venture Capital AssociationLucas Wyrsch
Executive Summary
Fundraising → Pages 7-26
• Overall fundraising decreased in 2012 by 43% to €23.6bn compared to 2011. This reduction was driven by lower activity of larger funds. In 2012 only 13 funds were raising more than €250m compared to 26 in 2011. Funds that raised in excess of €250m in 2012 dropped in total volume by 51% compared to 2011. In contrast, the volume raised by funds smaller than €250m reduced by only 25% in the same period.
• Pension funds and fund of funds accounted for almost half of all sources of funds with more than 20% each. Family offices & private individuals, government agencies and sovereign wealth funds follow as major sources with 10-12% each.
• Despite macroeconomic challenges, €8.6bn (40%) of funds raised came from institutional investors outside of Europe.
Investments → Pages 27-59
• The overall amount of €36.5bn invested in European companies in 2012 reduced by 19% compared to the previous year. This was due to the weak first half of 2012 coinciding with economic uncertainty in Europe. In contrast, the number of private equity backed companies remained stable at almost 5,000 European companies. Therefore, it was less capital intensive for the industry to invest in a constant number of companies in Europe. About 43% of the companies that received investment in 2012 were private equity backed for the first time.
• The total amount of venture capital invested reduced year on year by 14% to €3.2bn. The number of venture capital backed companies remained stable at about 2,900. For the first time more than 1,000 companies attracted growth investments despite a decrease in amount of 26% compared to 2011. Buyout investments reached €28bn. More than 800 companies received buyout investments similar to the level from 2011 although the investment amount reduced by 19%.
Divestments → Pages 61-72
• More than 2,000 European companies were exited, representing former equity investments of €22bn. While the number of companies remained stable the amount divested at cost decreased by 29%.
• Of all exited companies in 2012 venture capital represented almost 50% and growth 23%. Their typical exits included trade sale, sale to another private equity firm and write-off. Buyout related exits attributed 85% of equity amount divested at cost. This presents a decline of 26%. Prominent exit routes were trade sale, sale to another private equity firm and public offering.
• Initial Public Offering (IPO) levels remained very low. Only three buyout and five venture capital investments were able to take this exit route.
1. 1
European Angels Fund (EAF)
The Netherlands - funded by the Dutch Venture Initiative
2016
2. 2
EAF objectives, means and value-add
Objective:
• Leverage the financing capability of non-institutional investors (e.g. Business Angels) to provide EU
SMEs with access to risk financing at the company development stage that is underserved by VC/PE
players and existing programs of European Investment Fund (EIF)
Means:
• Offer selected experienced non-institutional investors (NIIs) a pre-defined co-investment commitment
Value-add:
• Scale up local investment capacity of NIIs
• Catalyze additional public and private resources with the opportunity to co-invest with NIIs
• Provide investors with a unique access to the asset class of NII financing
EIF - European Angels Fund
3. EAF Netherlands - overview
3
EUR 45m pocket dedicated to co-investments with Business Angels (BAs) and NIIs:
other non-institutional investors, e.g. Family Offices can also apply
EUR 0.25 - 5m of funds to be committed on per investor bases (not deal-by-deal):
50:50 matching with the investors own funds over 10 years
Co-investments targeting innovative Dutch SMEs (up to 30% can be abroad)
Eligible candidates are non-institutional investors who have
adequate experience in the targeted investment area and stage
track record of successful investments (incl. exits) in the past
good access to quality deal flow
own funds to match the co-investment amount
Key terms and conditions:
Full delegation of investment decisions to the BA, subject to a broadly pre-agreed investment policy
20% deal-by-deal carry for the BA, no hurdle return, no management fee
Split of deal-related third party costs (e.g. legal, notary)
No cherry-picking and pari-pasu treatment of the EAF’s commitment
5 year investment period with an overall term of 10 years for the investments (extension possible)
Ring fencing of EAF’s assets vs. the assets of the BA
EIF - European Angels Fund
