HBAN, the all-island organisation responsible for the promotion of business angel investment, today announces the appointment of John Phelan as National Director. A successful entrepreneur, John will use his own experience to lead one of Ireland’s most influential and successful start-up support bodies; enabling early-stage enterprises to access funds and valuable expertise from business angels and angel syndicates.
The obvious objective of Angel Investing is not just to strategically support a new start-up, by providing the "Smarts" but also most investors are also looking for a financial return on their investment, obviously the sooner the exit the more attractive angel investing becomes. To date, the average European trend has been an exit within 5-7 yrs, however in some sectors it has been longer, e.g Food Sector 7yrs+, hense the ask during a pitching session, what is your exit strategy?
What is THINKTECH? | Social Innovation Fund
THINKTECH is a €1 million project to support and grow ideas for a better Ireland. Created by Social Innovation Fund Ireland with support from Google.org and Government, the THINKTECH challenge identifies innovative ideas that use technology to create positive social impact in Ireland. THINKTECH is seeking proposals that impact lives and touch hearts.