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.
What is Impact Investing?
Impact Investing is a particular type of investment made in organisations, companies and funds that have the purpose of creating social and environmental impact with a financial return on capital, responding to social needs not satisfied. The Third Sector needs of innovative model and of entrepreneurship to find new solutions for the distribution of existing services and also for the construction of new solutions of collective interest.
What is your risk apetite?
HBAN plans to welcome its' newest members with an introductory webinar on Wednesday 13th April. During this short informative session John Phelan, National Manager HBAN, will be discussing the do's and don'ts of business angel investing, as well as how to get the most out of being part of the network.
A competition announced today is offering entrepreneurs the chance to win a share of a prize fund of €70,000, as well as paid positions, office space, business coaching, and two all-expenses-paid trips to Germany.
For the first time in European history, a new generation of women investors and potential fund managers is being developed through the Rising Tide initiative.
Historically women have been under-represented in early-stage investing. In Europe, the estimate number of women angel investors is only 7%. The Rising Tide Europe 1 (RTE1) programme is part of a global movement to increase women’s participation in angel investing as an asset class. It has been developed to provide an enriching investment experience; including an investment portfolio in start-ups, an education of the investment process and the development of a global angel community of successful business women across Europe, Middle East, Africa and the USA.
Consider the temptation. The young entrepreneur is charismatic and smart. The new product is very cool. And the technology behind it is ground breaking. With all that, investing in this company seems like a slam dunk.
If you‘re a high potential Start Up that has a new innovative product or service ready for commercialisation and/or have achieved some early traction and are raising finance to scale internationally please contact us.