IBAN - Italian Business Angel Network

Contact details
IBAN - Italian Business Angel Network
Via Borgonuovo 520121 Milano Italy1
E-mail: presidenza@iban.i t
Tel: 0039 02 89 01 12 07
Website: www.iban.it

 
MISSION STATEMENT and OBJECTIVES of the ORGANISATION

Date of creation : March, 15th 1999

Mission
IBAN is the Italian National Association focused on the development and the growth of the Business Angels phenomena in Italy. IBAN's members are BAN’s, investors clubs, business angels and professionals in matching investors (formal and informal) with entrepreneurs

Objectives
IBAN has always aimed to create a strong “relationship network” that links Institutions and Economic Operators Know–How and expertise, covering all “value chain” in the “early stage phase”. In this way, IBAN can really support “start–up” enterprises in their growing process.

Activities and benefits
IBAN’s main activities  include:
  • Increasing the sources of financing for unlisted SME and start-ups;
  • Scouting and helping the financing of start-ups and SMEs (investment readiness);
  • Recruiting BA and facilitate the setting up of BA networks and clubs (ready to invest);
  • Organizing investments forum between investors and companies searching for capital;
  • Organizing Business Angels Academy training events;
Stimulating the exchange of experience among business angels networks and encouraging " best practices" .
 
THE NETWORK IN NUMBERS
Number of BANs in your federation
  • 10 Regional BANs;
  • 2 Thematic BANs;
  • 1 Business Angels Club

Number of business angels indirectly reached through your networks' members
130 members

Geographical coverage of your network members' activities
National and International

   
   
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.