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HBAN National Director John Phelan spoke with  Pádraig Hoare of the Irish Examiner about the record investment in a company spun out of Cork IT.

Dublin, 31st October 2017 – HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces the appointment of Rowan Devereux to the Chair of the Bloom Equity Syndicate. Rowan succeeds Anthony Bermingham as Chair and in his new role, he aims to recruit new angels, build the profile of the syndicate and work with HBAN in selecting high potential start-ups to present at monthly syndicate meetings.

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.  

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             

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. 

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

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.

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. 

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.