Business & Finance - 18th April
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.
Newtalk; Down To Business - 16th April 2016
Newtalk; Down To Business - 16th April 2016
Active angels work with term sheets regularly, but not every investor fully understands the sometimes arcane language in these highly-specialized documents. What are term sheets, what do they signify, and why are they so important? As a member of HBAN (complete our angel registration form here) you will have access to a range of template investor documents including term sheet, syndicate agreement and due diligence check lists.
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.
Becoming a new angel investor is a Catch-22. You need experience to be a good angel investor, but you can’t gain the experience until you actually invest.
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.
NDRC Catalyser is an early stage investment programme aimed at startups and founder teams with deep know-how and technology that addresses a significant global unmet market need or problem.
• Looking to double number of angels in the syndicate from 12 to 24 this year
• WxNW looking to invest in companies based in the West and North-West of Ireland
• Target sectors include technology, manufacturing, education, tourism and med-tech
During his visit to Cork on Friday, Taoiseach Enda Kenny announced that Ireland had been selected to host the Startup Nations Summit in November 2016. The event, organized annually by the Global Entrepreneurship Network (GEN), has never been held in Europe previously and is likely to draw startup-savvy policymakers, advisers and startup community leaders from around the world, who are interested in helping entrepreneurs start and scale new enterprises. Photo credit: Sean Rowe
So if we can all agree that the team is the critical factor in company success, what else do we need to look at? We believe that market opportunity and product have a similar weighting in our company evaluation scale. For this article, I will give the nod to market opportunity and focus my questions to Christopher on what investors need to know when they evaluate a market.