Matching services of the network. Database of contacts

 

Database of contacts

 

Meetings

 

Investment forums and fairs

 

Internet

 

How are clients acquired?

 

Event and information fairs

 

Newsletter

 

Targeted publicity

 

Visits to enterprises

 

Fees

 

o Fees charged to business angels: 100Ђ-500Ђ o Fees charged to entrepreneurs: 100Ђ-500Ђ

 

Estimate of the number of jobs created as a result of the network activity over the last 3 years:n/a

 

Success story:n/a


 

 


EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006


 

 

DENMARK

 

Background


 

 

M


 

In 1999, the Danish Government conducted a survey on the feasibility of creating a network for private individual investors in Denmark.

The survey revealed that there was a need for creating meeting points, which could bring private investors and innovative and investment seeking entrepreneurs together. The survey also showed that the meeting points were better off being placed in decentralised areas and locally in close co-operation between the investors and investment seeking firms. On the other hand it also came clear that a centrally located organisation was needed in order to co-ordinate the co-operation and contact among the local meeting points. The Danish state therefore decided to finance the creation of a Danish Business Angel Network with 673.000 Euro for a period of 3 years (2000-2002) and Euro 640.000 for the period 2003 – 2005. DBAN became a part of the DVCA in spring 2004, the Danish Venture Capital Association, www.dvca.dk

The Danish Venture Capital Association (DVCA) was established in 2000 by a group of people interested in innovation, entrepreneurship and private equity funding. Today DVCA has about 60 member companies representing venture capital as well as a number of related professions.

In 2004, 94 business angels joined the association.

 

Statistics

 

 
Number of BANs 8(+2)4
Number of Business Angels
Number of deals n/a
Number of accredited projects
Number of commercial BANs
Number of non-commercial BANs
Number of national BANs
Number of regional BANs
National association

 

BAN legal status

 

All the networks set up in Denmark now by the DVCA (previously by DBAN) are private entities public funded.

 

National association

 

DVCA acts as the national association coordinating the activities of the 7 local networks.

 

Lobbying

 

As a branch organisation, an important issue for DVCA is lobbying towards the political system in order to improve the conditions for start-up companies, business angels and venture capital. In 2003 DVCA handed in 10 new proposals to improve market conditions. 5 proposals have been accepted by the Danish Government.