AANZ - Angel Association New Zealand

Contact details
AANZ - Angel Association New Zealand
Colin McKinnon, Executive Director
Level 6 AFFCO House, 12 Swanson Street, Auckland, New Zealand
T: +64 9 302 5218
E: colin.mckinnon@angelassociation.co.nz
Website: www.angelassociation.co.nz

 
MISSION STATEMENT and OBJECTIVES of the ORGANISATION

Mission

The Angel Association is an organisation that aims to increase the quantity, quality and success of angel investments in New Zealand and in doing so create a greater pool of capital for innovative start-up companies.

Objectives


The Association aims to increase the quantity, quality and success of angel investments in New Zealand and in doing so create a greater pool of capital for innovative start-up companies.

Activities and benefits

• Promote the growth of angel investment in New Zealand, including encouraging and educating entrepreneurs, new angel investors and angel groups.
• Ensure the ongoing success of the industry through developing industry strategy, encouraging collaboration between members and providing education for those involved.

 
THE NETWORK IN NUMBERS
Number of BANs in your federation
  • 12 Regional BANs.

Number of business angels indirectly reached through your networks' members
600 angels.

Geographical coverage of your network members' activities
National.

   
   
For Entrepreneurs
  • What is an angel investor?
  • What are angel groups?
  • How do I find an angel group?
  • What is the difference between angels and Venture Capitalists?
  • How do I know my business is right for an angel group investment?
  • When should I approach an angel group?
 
For Investors
As venture capitalists are moving up the ladder to higher amounts, business angels are increasingly active in the very early stage of companies, and are required to invest in several rounds of financing for the same company as there is a lack of follow-on investment. This new equity gap concerns amounts from 1 million to 3 million €, depending on the country.