Dissemination of the BAN concept. Two pronged educational and awareness programme targeted directly at stimulating angels and entrepreneurs

 

Two pronged educational and awareness programme targeted directly at stimulating angels and entrepreneurs, both of which need to be available for this endeavour to succeed. Events included seminars, training sessions and resources, provided and supported by sponsoring organisations and individuals. In addition Malta BAN is developing a website which will be expanded to include online forums, training, and other publications.

 

EU Support

 

None

 

EBAN Members

 

Malta BAN


 

 


 

 

Contact person Contact details

 

 

Type of Network Date of creation Legal Status of BAN

 

Funding Sources:


EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006

 

Malta BAN M

 

BAUMANN Brigitte

 

20, St. John Street

Valletta VLT 06

 

Malta.

T: 356 224928

F: 356 224951

 

E: brigitte.baumann@maltaban.com

W: www.maltaban.com

National

 

November 2005

Private Company

 

0%

Sponsors

 

Equity

 

100%


 

 

 
Number of projects submitted n/a
Number of Angels n/a
Number of deals made n/a
Average amount of the deal n/a

 

Matching services of the network:

 

Training courses for new business angels

 

Deal flow for network or individual requirements

 

Cross border sourcing and networking support

 

Matching events,

 

Small fund, syndication and pool support,

 

Due diligence services,

 

Exit support services,

 

Research and trend analysis.

 

Fees

 

o Business Angel fee: MTL 200 o Entrepreneur: MTL 50

 

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

 

 

NORWAY

 

Background

 

Until October 2003, VentureLab, created in February 2001, was acting as the national network of Norway. Late 2003, VentureLab, www.myventurelab.com ,together with the Seed Forum Norway and Seed Forum Alumni, have organised a new entity called NorBAN.

 

NorBAN is now the national Norwegian network organisation for business angels. The purpose of NorBAN us to be an interest organisation for private investors, to organise and to take the initiative to establish local and regional business angel networks as local organisations in NorBAN, to develop and carry out systems for matchmaking between entrepreneurs and private investors and to work for the reduction of risk among private investors.

 

NorBAN organises “Road shows” to start up regional BAN structures in at least 7-10 regions. The shows are organised in cooperation with Seed Forum Norway - the Norwegian national tool to finance Norwegian early stage companies with (foreign) private equity www.seedforumnorway.com - and possibly in cooperation with Innovation Norway (national coordinator) and SIVA as the national coordinator for the local innovation centres.

 

Statistics

 

  Mid 2003*     Mid 2004
               
Number of BANs -  
               
     
Number of Business Angels -     n/a
               
Number of deals -     n/a
               
Number of accredited projects -     n/a
               
     
Number of commercial BANs -     n/a
Number of non-commercial BANs - - -     n/a
Number of national BANs -  
Number of regional BANs - - -  
National association - - - -  

 

3. Funding Sourcesn/a

BAN legal status

 

Membership organisation.

 

National association

 

Contact person for NorBAN

 

Steinar Hoel Korsmo

Gaustadallиen 21

 

N-0349 Oslo

T: +47 92 01 14 15

F: +47 92 17 40 32

 

E: steinar@seedforumnorway.com


 

 


EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006

 

Lobbying

 

As an interest organisation for private investors, NorBAN seeks to promote tax incentives for business angels, establish new BAN structures and a national seed capital scheme.

 

EU support

 

None

 

EBAN members

 

ArticBAN


 


 

 

Contact person

 

Contact details

 

 

Type of network