Matching products of the network
Computerised data-base matching service
Personal introduction (on a one-to-one basis)
Investment forum / fairs
Networking events for investors
Mail presentation to all private investors
Contacts to potential Business Angels within two weeks after first contact
Newsletter
Direct introduction
How are clients acquired?
Information events / seminars
Visits to enterprises
Articles in local / national media
Established co-operation with local banks / financing institutions / accountants, lawyers; embedding in sector of public promotion companies for SMEs,
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
Other: Partnerships with universities, academies/colleges, science parks; public relations, direct mailings.
Personal network of the board as well as its members
Word of Mouth
Sectors of investment
100%
Manufacturing
BAN specialisation
None
Fees
o Fees charged to entrepreneurs: 120Ђ for each introduction o Fees charged to business angels: 100Ђ annually
Co-investment scheme
No co-investment scheme.
Estimate of the number of jobs created as a result of the network activity over the last 3 years:
How do angels exit their investments?n/a
Success story
Name of | Sector of | Date of | Amount | Number of | Date | Multiple of return for |
company | activity | investment | invested | angels | of exit | investors (i.e. times |
(Ђ) | involved | return on money) | ||||
Leroy | Pastries | November | 140 000 | |||
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
MALTA |
Background
In 2005 Malta BAN was established to continue the work started on developing a national network in Malta. Malta BAN is a professional business angel network, established by experienced business angels, to foster more private equity investment in Malta. Since its establishment in 2005 Malta BAN has been undergoing gradual steps towards becoming operational in 2007.
Due to Malta’s relatively small size and island status, along with an undeveloped capital venture market both formal and informal, structures are necessary to leverage the potential of formal business angel activities through a network, and sustain entrepreneurs in their ventures. Local business angels have an eye for foreign investments along with local entrepreneurs seeking to establish themselves in offshore markets. Such aspects make Malta BAN unique in their focus and international outlook.
Malta BAN assists potential or active investors in developing their trusted network in Malta and overseas. It is developing a number of services aimed at supporting its member angels and syndicates in their investing activities. These include a portfolio of services for sourcing and managing deals; a number of specialist training programs through international affiliations; research through an advisory board of experts, and the development of a local venture capital fund for seed finance in local start-ups.
Background statistics
Number of BANs | ||
Number of non-commercial BANs | ||
Number of commercial BANs |
BAN legal status
Malta BAN is a private limited company registered in Malta and is a national representative for BA's (Business Angels) and BA syndicates.
National association
None as Malta BAN is the only BAN in Malta.