Other investment vehicle for angels
The “Business Angels plus loan”. Partnership with an organisation from the federal government. Loan of 1250.000 Ђ if Business Angels invest at least the same amount. It has to be asked through then network. Business Angel can also partially guarantee their investments.
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
BAN VLAANDEREN
| M |
| Contact person | Reginald Vossen | ||
| Contact details | Maastrichterstraat 63 | ||
| 3500 Hasselt | |||
| T: +32 (0) 11 30 02 60 | |||
| F: +32 (0) 11 30 02 58 | |||
| E: [email protected] | |||
| W: www.ban.be | |||
| Type of network | Regional network | ||
| Date of creation | 2004 – Result of the merger of 4 regional | ||
| networks in the Flanders region of Belgium | |||
| 4 regional antennas | Antwerpen, Gent, Hasselt/Leuven, and | ||
| Kortrijk. | |||
| Number of employees | |||
| Legal status | Non-profit organisation | ||
| Commercial/for profit network | No | ||
| Funding sources | |||
| R e g io n a l fu n d s | |||
| 1 5 % | 5 % | F e e s fro m | |
| B u s in e s s A n g e ls | |||
| 2 0 % | 6 0 % | F e e s fro m | |
| e n tr e p re n e u r s | |||
| O th e r ( s p o n s o rs ) |
| Number of projects submitted | 64* | |
| Number of Angels | ||
| Number of women angels | ||
| Number of members recruited during the year | ||
| Number of women recruited during the year | ||
| Number of deals made | ||
| Average amount of the deal | 108.000 | 91.200 |
*398 Submitted to BAN Vlaanderen, and 103 submitted by the network to the investors.
Matching services of the network:
Newsletter or information bulletin
Database of contacts
Meetings
Investment Clubs
Investment forums and fairs
2 big general meetings bringing 70 companies to ca. 150 BAs
Specific service for business angels investing in high-technologies
How are clients acquired?
Event and information fairs
Targeted publicity
Visits to enterprises
Articles in the regional or national press
Cooperation agreements with local banking, financial or fiduciary institutions
Special actions to target groups
Yearly BA “get together” day
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
Yearly Angel-Academy
Sectors of investment
| 4% | ICT |
| 26% | Biotech |
| 26% | |
| Energy | |
| 4% | Retail and |
| 4% | services |
| Manufacturing | |
| 36% | Food industry |
N.B: Due to our high number of members we provide capital in large number of sectors.
BAN specialisation
No specialisation.
Fees
o Fees charged to entrepreneurs: 300Ђ
o Fees charged to business angels: 375Ђ/year + eventually a success fee
Co-investment scheme
Co-investment scheme operating: www.fonds.org
| N deals | |
| N deals involving angels |