Matching services of the network
Investment forums and fairs
Database of contacts
Newsletter or information bulletin
Meetings
Specific service for business angels investing in high-technologies
How are clients acquired?
Event and information fairs
Newsletter
Targeted publicity
Articles in the regional or national press
Giving lectures in regional service clubs
Sectors of investment
33%
Manufacturing
Biotech
67%
BAN specialisation
None
Fees
o No fees charged to entrepreneurs
o No fees charged to entrepreneurs (yet)
Co-investment scheme
None
Other investment vehicle for angels
None
Estimate of the number of jobs created as a result of the network activity over the last 3 years:n/a
How do angels exit their investments?n/a
Success storyn/a
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
| CZECH REPUBLIC |
Background
Since the fall of communism in the then Czechoslovakia and now The Czech Republic, there have been several attempts to create an informal marketplace to match private investors and investee companies. Although over the past 14 years several transactions which could be classified as Business Angel deals have been done, there has not been a structured approach which would marry up the best practices from advanced European and US markets.
The primary problem is the lack of awareness of both the investment process and the implications for both sides of the equation and without this awareness the deals which will be taking place are likely to be rather random and haphazard.
Statistics
| Number of BANs | ||
| Number of Business Angels | ||
| Number of deals | 15-20 | |
| Number of accredited projects | ||
| Number of commercial BANs | ||
| Number of non-commercial BANs | ||
| Number of national BANs | ||
| Number of regional BANs | ||
| National association | ||
| 3. BAN Legal Status | ||
| AIA is a not-for profit company | ||
| 4. National Association | ||
| AIA | ||
| 5. Lobbying |
Lobbying has been carried out by making presentations at various SME conferences in Prague and Brno, several presentations to the main Venture Capital players and the Ministry of Trade and Industry, Czechinvest, major commercial banks and Cesko Moravska Zarucni a Rozvojova Banka (CMZRB). The lobbying has included the attempt to obtain tax breaks for investors and to provide support for both investors and investees from the Structural Funds and from the CMZRB in the form of soft loans to match the Angel investment. The American Chamber of Commerce, through their connections with the small business association, have had discussions with the Ministry of Finance regarding the development of SMEs. There has also been contact with the Czech Venture Capital Association (CVCA).