[Dhaka, Bangladesh and Brussels, Belgium] – Bangladesh Angels Network (BAN), the pioneering angel investment network in the country, and the European Business Angels Network (EBAN), the pan-European representative for the early stage investor community, have announced today that they are joining forces to work together to source, cross-refer, and promote linkages in technology-enabled startups in Bangladesh and Europe to create an enabling environment for venture investing in the both regions. Together, the two partners will jointly support in creating a pipeline of investment opportunities in areas of mutual interest in both regions, host joint-showcases (digitally), promote distance investing and culture in both angel communities, and engage in cross learning activities for both ecosystems.
“This is a great opportunity for our members to get insight into the Bangladeshi angel and entrepreneurial community. – says Jacopo Losso, EBAN Director of Secretariat – We look forward to building a long-lasting partnership with Bangladesh Angels Network that will benefit startups, investors, and angels alike.” “A growing number of startups and software firms in Bangladesh are looking to or already serving the EU market. In addition, the EU contains many pockets of Bangladeshi diaspora communities who increasingly want to connect with and invest in companies in Bangladesh. Many EU-based digital businesses are also looking for new growth markets and Bangladesh presents a huge opportunity for them. Having a trusted partner like EBAN allows us to better serve all three stakeholders while absorbing best practices,” says Nirjhor Rahman, CEO of Bangladesh Angels.
The two partners are looking to promote early-stage technology companies with revenue traction, a product/service in the market, a full-time team and clear fundraising plans and goals. Interested companies can contact info@eban.org and info@bdangels.co for more information. Additionally, the parties will be conducting public workshops in the near future regarding early-stage investment.
About EBAN:
EBAN is the pan-European representative for the early stage investor community gathering over 150 member organizations in more than 50 countries today. Established in 1999 by a group of pioneer angel networks in Europe with the collaboration of the European Commission and EURADA, EBAN represents a sector estimated to invest 11.4 billion Euros a year and playing a vital role in Europe’s future, notably in the funding of SMEs. EBAN fuels Europe’s growth through the creation of wealth and jobs.
About Bangladesh Angels Network:
Launched in 2018 with support from local and international stakeholders, Bangladesh Angels Network is the nation’s first angel investment network created with a mission to nurture the innovation and entrepreneurship ecosystem in Bangladesh. We help startups and rising enterprises accelerate their growth through customized pre-investment support, connections to local and global investors as well as mentorship and market development. Investors get access to a highly curated deal-flow across sectors, invest alongside industry leaders and post-investment portfolio monitoring. Prospective angel investors and entrepreneurs can go online to sign up for the network or apply for funding via www.bdangels.co.