BUSINESS ANGEL NETWORK Activity and members

FiBAN is a association of private investors that aims to improve the possibilities for private persons to invest into unlisted potential high-growth companies. •  A non-profit, private investor driven

association •  Deal flow and investor match-making •  Inspires investment syndication •  Trainings and seminars •  Best practices and guidance

BUSINESS ANGELS Business angels are private individuals who invest their own money in high potential startups in exchange for a share in the company, and also contribute their expertise in business management and their personal network of contacts. www.eban.org

VIDEO www.fiban.org/video

BUSINESS ANGELS OFFER

Knowledge Networks Capital

Active

Private investments made in unlisted early-stage companies aiming for high-growth and looking for private investors.

Passive

WHY INSPIRE ANGELS?

•  4.8% of all Finnish companies are high-growth companies, these companies create +50% of all new jobs!

•  There are approximately 300-600 companies aiming for high-growth !

FINNISH HIGH-GROWTH

TOPIC

Angel-funded firms are more likely to ✓  survive longer ✓  raise additional financing ✓  show improved venture performance and

growth ✓  benefit from features like mentoring and

networks

HIGH-RISK INVESTMENTS Syndication shares risk First angel investments are recommended to be done in a group to gain experience and share risk. •  1/20 succeeds with 88%

approx.

•  1/10 succeeds 66% approx.

10%  Succeeds  well  

40%  payback    

50%  Fail  

www.fiban.org/bisnesenkelisijoittajaksi

ANGEL NETWORK

ANGEL NETWORK STATISTICS

EUROPE US FINLAND Networks 400 340 3

Estimate # of angels 75k 259k 500

Total estimate invested annually by angels (€) 3-4 billion 18 billion 50 milj.

VC Investments in seed and start-up/early stage

Circa 2 billion 6 billion 60 milj.

STARTUP PROCESS

•  Free-of-charge •  Includes investor

feedback •  Links to growth

resources •  Visible for

3 months

• Companies chosen to pitch

•  In cooperation with Finnvera

•  Short presentation to wake investor interest

•  Sector-based and regional events

INVESTMENT/ SYNDICATION

•  Investor

evaluation (due diligence)

•  Alone or in group

• Capital and/or sweat equity (knowledge)

PITCH

SCREENING

SUBMIT

ca 1 week

ca 3 weeks ca. 6 weeks

www.fiban.org/submit

ca 2 – 4 months

ANGEL SERVICES

Ref-accreditation www.fiban.org/ref

Sector based angel groups www.fiban.org/sector-based-groups

Investor profiles www.fiban.org/business-angels

Best practices www.fiban.org/bestpractices

Investment tools www.fiban.org/tools

www.fiban.org/services

Deal flow www.fiban.org/dealflow

ANGEL EVENTS

PITCH New deal flow presentation

SYNDICATION PITCH Syndicated follow-up investments

PITCH INDUSTRY Sector based presentation

SCREENING Evaluation of new deal flow

BREAKFAST For new and interested BAs

www.fiban.org/events

HIGH-GROWTH PARTNERS

CONTACT BOARD 2014 Riku Asikainen, pj. Jaakko Salminen, vpj. Anne Berner Juha Kurkinen Aarne Sipilä Pekka Vartiainen REGIONAL ANGELS Petri Lehmuskoski, Turku Olli-Pekka Kulmala, Tampere Kari Ollila, Pori Raimo Kuismin, Oulu Ari Korhonen, Lappeenranta Sami Etula, Jyväskylä

HALLINTO Jan Oker-Blom, MD jan@fiban.org (+358)405517551 Claes Mikko Nilsen, Coordinator claes.mikko@fiban.org (+358)504913001 BECOME AN ANGEL MEMBER? www.fiban.org/join SUBMIT PITCH www.fiban.org/submit

www.fiban.org