News

Business Angel investing on the island of Ireland estimated to be between €70 million and €120 million annually

InterTradeIreland has published a unique all island report into the Business Angel investor market. According to the report, “Funding for growth: The Business Angels Market on the Island of Ireland”, Business Angel investment on the island is estimated to be worth between €70 million and €120 million annually.

John Phelan appointed National Director of HBAN

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.

Why do Investors invest? Exits!

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+, hence the ask during a pitching session, what is your exit strategy?

Thinktech Social Innovation Fund Applications Open

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.

Some Guideline Resources from Knowledge Transfer Ireland

Knowledge Transfer Ireland takes a national perspective on the knowledge transfer (KT) system in Ireland. KTI works with business, investors, universities, Institutes of Technology, State research organisations, research funders and government agencies to maximise State funded technology, ideas and expertise getting into the hands of business to drive innovation. KTI is located in Enterprise Ireland (EI) and funded by EI with co-financing from the Irish Universities Association (IUA). - See more at:Knowledge Transfer Ireland  

HBAN backed Sportlomo will add 25 jobs following €270k angel investment

Funding round led by WxNW, HBAN’s newest angel syndicate 900,000 players and supporters of 52 sports in Europe, America and Asia benefit from Mayo-based Sportlomo’s service Marks first investment from WxNW, which aims to double its number of angels from 12 to 24 Investment is part of a targeted push by HBAN to encourage investment in start-ups from West and Northwest of Ireland HBAN, the all-island organisation responsible for the promotion of business angel investment, today announces the first-ever investment from its newest angel syndicate, WxNW (West by Northwest). The syndicate has backed innovative Mayo-based sports technology start-up, Sportlomo. The €270,000 investment is co-funded by Enterprise Ireland and will see the creation of 25 jobs in the company.

RTE The Innovation Show Interview with Michael Culligan, Business Development Director, HBAN Sat 21 May 2016

Listen to a conversation with CEO of Dublin Business Innovation Centre (Dublin BIC) and Business Development Director, HBAN, Michael Culligan on RTE’s The Innovation Show on Radio One tomorrow Saturday 21st May 2016 at 3 pm.

HBAN backed Soopa Pets to add 10 jobs following €400K investment

Funding round led by the Halo Business Angel Network (HBAN) Food Syndicate with support from Enterprise Ireland Investment will support 10 jobs in Soopa Pets over the next three years Announcement reflects HBAN’s ‘smart money’ approach; combining investment with strategic support Soopa Pets, which makes healthy dog treats, is expanding into international markets HBAN, the all-island group responsible for promoting business angel investment, today announces an investment in Soopa Pets, the maker of healthy and nutritious dog treats. The €400,000 funding was led by business angels from the HBAN Food Syndicate, with support from Enterprise Ireland, and will see the creation of 10 jobs in Soopa Pets.

The difference between a unicorn and a cockroach

Newtalk; Down To Business - 16th April 2016