EBAN - NACO - The National Angel Capital Organisation, MoU signed
EBAN has recently signed a memorandum of understanding with NACO - The National Angel Capital Organisation: the industry association representing Angel capital throughout Canada (http://www.angelinvestor.ca/). Read the press release regarding the lau...
A Ready for Equity! II follow on project - building on the achievements of Ready for Equity! kicked off in december 2008. The project, which will run until September 2010, will focus on the transfer of knowledge of how to run capacity building programmes to business angel group leaders from emerging venture capital markets.
To know more about the Ready for Equity! II Project and modalities of collaboration in the framework of the follow on project, please contact the Ready for Equity! Project Manager, here.
Ready for Equity! won the award for “Best New Initiative on the market” at the last EBAN Awards, held in Arnhem, Netherlands on April 14th 2008.
Ready for Equity! Project Summary:
The Ready for Equity! Project was launched in October 2006 to identify and address the key issues impeding business angel activity across the Europe business community. Led by UK based Finance South East, the project brings together partners involved in early stage equity investment from Belgium, Spain, Italy, Germany, Sweden and the Netherlands.
The project has developed and tested two European-wide training curricula targeted at improving the capacity of informal investors and business angels, and to prepare entrepreneurs seeking finance from those informal investors.
Over the course of the project the partners have shared best practice and compared the tools and mechanisms in place throughout the different European regions in order to develop the curricula.
The curricula have been developed to be independent of the method of delivery of the training. These will enhance both the quality and quantity of business angel deals, thus benefiting investors, companies and business angel network managers.
A Resource Pack has been produced, which includes all the tools developed to facilitate the implementation of the courses:
Training curriculum for angels and entrepreneurs
Guidelines for the implementation of training courses
Pedagogic guidelines,
Recommendations, and check list for implementing a programme,
Mapping Exercise: Analysis of the supply and demand for informal venture capital.
The hard copy of the Reasource Pack is only available in English. The soft copy of the Resource Pack is now available in English, Dutch, French, German, Italian and Spanish.Any or all of the documents in the Resource Pack can be downloaded from the project web site.
To download the digital versions of these documents, please sign up at: www.readyforequity.eu.A physical set of documents can be requested by emailing Alberica Marzotto at info@eban.org. The Ready for Equity! Final Conference was held on the 22nd of September at Residence Palace – Brussels. For the occasion, partners of the project presented the results developed in the framework of the Ready for Equity! Project. The following topics were presented:
Tools developed for organizations to carry out tailor made training for business angels and entrepreneurs looking for equity
Lessons learned during the testing phase, and case studies
Why investment/investor readiness is a global issue
On the occasion of the Final Conference, participants also had the opportunity to network with other business angel network managers and service providers who are delivering programmes or would like to deliver one, and be informed about modalities for a potential future collaborations in the framework of the Ready for Equity! follow on project. To know more about the Ready for Equity! project and Final Conference, please vist the dedicated website at: www.readyforequity.eu. More about the Ready for Equity! Project:
- The Ready for Equity! Project's objectives in One Page explanation - Short Power Point Presentation
- Press release: "Business Angel Activity Set to Soar in Europe" by clicking here.
The Mapping Exercise “Analysis of the supply and demand for informal venture capital” provides with a detailed expalnation of existing training programmes for angels and entrepreneurs relating to access to finance. The programmes have been classified according to their relevance to the research conducted by the partnership:
- Investment readiness programmes concern comprehensive training courses for entrepreneurs from the support to business plan creation to the presentation of sources of finance available on the market;
- Investor readiness programmes are understood as comprehensive programmes for business angels or potential angels on the compelete process of investment and relationship with entrepreneurs.
