AventaMed to achieve FDA clearance with help of €1.8M HBAN backed funding

Dublin, 19th October, 2017 – HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces a €1.8 million investment in Cork-based medtech company, AventaMed. The investment – which includes €1.6 million angel funding, the largest single HBAN angel investment to date – will fund AventaMed through FDA (Food and Drug Administration) clearance and commercialisation of the Solo Tympanostomy Tube Device (Solo TTD) which enables the quick and simple insertion of ear grommets.  

Exclusive EBAN Webinar with HBAN National Director John Phelan

Building Successful Angel Investment Syndicates: HBAN's John Phelan on the next step in financing Scale-Ups 11 October 2017 at 12:00 PM CEST             

Interview with John Phelan The Independent

HBAN National Director John Phelan was interviewed by the Independent where he spoke about the importance of exit strategies for investors as well as discussing previous investments made by HBAN business angels. 

Interview with John Phelan Business Plus Magazine

Business Plus Magazine sat down with HBAN National Director John Phelan to discuss the advantages and challenges associated with angel investment. 

Prepping an Entrepreneur for a Deep Dive Meeting with Investors

This article, adapted from a post originally published by the author in Inc. Magazine, is the first in a three part mini-series on deep dives. To read the next article see Deep Dive Mini Series: Coaching on How to Survive A Deep Dive Meeting.

60 Seconds with John Phelan Business & Finance

Business & Finance spoke with HBAN National Director John Phelan about Business Angel Investing in Ireland, his first job, how he motivates the HBAN team and the best piece of advice he's ever received. 

Stones Unturned: An Investor’s Guide to Due Diligence in Early Stage Companies

Some investors will tell you after spending 60 minutes with an entrepreneur they know in their gut whether to make an investment. They rely on their instincts and sometimes their ability to “pattern match” with successful opportunities and entrepreneurs they worked with in their past.

HBAN wins Best Business Angel Week Award at European Business Angel Awards Annual Awards 2017

HBAN, the all-island group responsible for the promotion of business angel investment in Ireland, today announces that it won the Best Business Angel Week Award at the EBAN (European Business Angel Network) Gala Dinner Awards Ceremony held in Málaga, Spain on Thursday, 8th June.HBAN, a joint initiative of InterTradeIreland and Enterprise Ireland, won the prestigious European accolade based on the success of its Business Angel Roadshow that it ran in November last year.

Acorn Angels invest in Social Peer to Peer Finance Platform

Irish-based company Flender has won a funding package including the first investment by the Derry/Londonderry Acorn Angel Group, which included Padraig Canavan, Liam Bradley and Paul McElvaney. Flender is an online platform that creates a marketplace for businesses and individuals in the Republic of Ireland to borrow and lend money safely and at better rates than those offered by the banks.

Enterprise Ireland announces €750,000 in start up funding for Female Entrepreneurs

The Enterprise Ireland INNOVATE programme for Female entrepreneurs delivered by Furthr Enterprise Ireland’s €750,000 Competitive Start Fund (CSF) for Female Entrepreneurs will open for applications on Wednesday 3rd May. Up to €50,000 in equity funding is available to a maximum of 15 successful female applicants with early stage start-up companies. Last year, one in three companies who received CSF investment from Enterprise Ireland were female-led.