HBAN launches entrepreneur guide to angel investing
Demystifying the process of raising business angel investment
Providing information on business angel relationships and what is expected of both investor and entrepreneur
Dublin, 13th December, 2012 – HBAN, the all-island umbrella group responsible for stimulating angel investment, is today launching a new Entrepreneur Guide which is a step by step resource for early stage Irish company’s looking to attract business angel investment.
Bobby Kerr talked to Mark Denton about his Keynote speech at the HBAN All-island Business Angel Conference 2012, which was held in the Gibson hotel last Wednesday the 3rd Oct. Bobby draws the comparisons that can be gleaned from a competitive around the world yacht race and the business world. Many business angels when they first invest into a company are unfamiliar with the management team and the same can be said of business angels who join syndicates. They need time to draw out what are the key skills of each individual that can be effectively utilised in a team environment thus "Harness The Power of the Collective", which was the theme of this years Business Angel conference.
Today in Dublin, an all-island business angel conference saw investors, venture capitalists, start-ups and those from the legal and financial space converge to learn more about angel investing in start-ups. One of the speakers was the venture capitalist and angel investor John May who talked about the evolution of angel investing from a US perspective.
HBAN and the regional business angel networks continue to grow year on year with over 125 number of angel deals since inception and 6new syndicates developed. To complement the business angel activity on the island, HBAN are pleased to announce today the publication of new guides specifically aimed at investors and entrepreneurs seeking investment. Copies are available by clicking on the link below or visiting the resource area of our website. www.hban.org
2 serial entrepreneurs, now investors talk with Bobby Kerr on this mornings show, Down To Business, about their experiences as Business Angels. They shared insights, findings & knowledge about the business angel industry from an Investor perspective. This piece makes for interesting listening.
Serial entrepreneur and business angel William Reeve has just joined Paddy Power as its new head of operations. With investments and board positions at successful internet ventures like LOVEFiLM, Secret Escapes and Zoopla, he gives John Kennedy an insight into how he makes his decisions.
Halo Business Angel Partnership’s landmark 100th business angel deal sees Endeco Technologies raise €1.6M and create 14 jobs – Minister Bruton
More Cork based investors sought to continue investment in and support of Irish high potential start-ups
The €12m includes €6m from angel investors, with the balance being directly leveraged from organisations such as Enterprise Ireland, venture capital companies and founders.
Picture left: Anthony Bermingham, Bloom Equity; Michael Culligan, national director, HBAN; and John Ryan, Irrus Investments.
Last year, some 29 businesses received investment, in deals which HBAN, the all-island umbrella group in partnership with the Irish BICS is responsible for stimulating angel investment, worked on. Representing a 20 per cent increase on 2010, the investment will lead to the creation of 143 new jobs within 12 months, and 344 jobs within three years. A further eight companies received investment of € 1 million via Halo Northern Ireland.
As a result, 143 new jobs are coming on stream this year, with some of those positions already filled in the first quarter.
29 businesses received investment
143 new jobs to be created within 12 months
344 new jobs within 3 years
A further eight companies received investment via Halo Northern Ireland
“Despite the significant wealth destruction that has occured in this country, these results demostrate that there are still investors with cash and an appetite for the risk/reward opportunities presented by technology start-ups.” Michael Culligan, national director, HBAN
April 12th, 2012, Dublin:Halo Business Angel Network (HBAN), the all-island umbrella group responsible for stimulating angel investment, announces that 2011 was a record year for business angel investment on the island. A joint initiative of InterTradeIreland and Enterprise Ireland, HBAN in partnership with the Irish BICS helped 29 companies raise €12 million, which will lead to the creation of 143 new jobs in 2012 and 344 jobs by the end of 2014. An incremental €1M (£850K) was raised in eight deals completed by Halo Northern Ireland.