The best angels and angel organizations have a lot of investment opportunities, whether discovered on their own or directed to them. They have the high-class problem of getting those opportunities down to a manageable number for true consideration. It’s a two or three-part process, screening deals into a smaller group of “semi-finalists” who can go through a deeper vetting process that lead to “finalists,” who then present to the investors and are selected for due diligence.
As part of this week’s Business Angel Week, HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland, today announces plans to increase the amount invested in Irish start-ups by HBAN angels to €25 million per year by 2020. This will see HBAN increasing angel investment by 17% per year for the next four years.