ESBAN - Espana Business Angels Network

Contact details
ESBAN - Espana Business Angels Network
Paseo Castellana,93,7º
28046 Madrid
E-mail: info@esban.com
Tel: 902.93.01.83
Fax: 902.93.01.85
Website: www.esban.com

 
MISSION STATEMENT and OBJECTIVES of the ORGANISATION

Date of creation : 2004

Mission
ESBAN coordinates and promotes the different Business Angels networks in Spain. For these networks ESBAN has a number of roles ranging from highlighting the contribution that business angels make to the entrepreneurial culture, supporting its members and lobbying government to encourage the exchange of best practice, experiences and ideas among members. ESBAN counts with the support of Spanish Government through the DGPYME (General Secretariat of SMEs) which is member of ESBAN foundation Board.

Objectives
ESBAN has several objectives:

  • PROMOTING Business angel finance
  • DEVELOPING business angesl networks.
  • COPERATING with the public administration to develop the best framework to the business angels.
  • ADVAISING in the creation and start-up of new networks.
  • Establishment of standards of exchange of business plans between the networks.
  • Coordination of contents ,statistics compendiums, studies and documentation.
  • Organisation of events such as congress, investors forums and workshops.
  • Developing training programs for Business Angels and Business angels networks managers.

Activities and benefits

 
THE NETWORK IN NUMBERS
Number of BANs in your federation
10

Number of business angels indirectly reached through your networks' members

Geographical coverage of your network members' activities
SPAIN

   
   
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.