welcome to eban’s 11th annual congress welcome to eban’s 11th annual congress •400...
TRANSCRIPT
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WELCOME TO EBAN’s 11th ANNUAL CONGRESS
•400 participants
•40% from host country
•23 EU countries as well
as representatives from 3
continents Middle East,
Asia and America. 37
countries all together
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THANK YOU TO OUR SPONSORS
Gold Sponsors
Research Partner Renewable Energy Sponsor
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EU US
Networks 400 340
Commercial 20% n/a
Estimate # of angels 75k 259k
Total estimate invested
annually by angels 3-4 billion € 18 billion $
VC Investments in seed
and start-up/early stageSource: EVCA, NVCA
Circa 2 billion € 6 billion $
SUMMARY OF INDUSTRY STATISTICS
Average exchange rate 2009 : 1 USD:0.72€
EUROPEAN ANGEL MARKET=25% OF US ANGEL MARKET
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SAMPLE OF CURRENT ACTIVITY
Avg. # of members for BAN 53
% of women 6,2%
Avg. # of deals/network/year 7
Avg. amount of the deal € 150.000
Avg. amount invested by one BA/deal € 40.000
Countries yet to include: NL, UK, D, CH, S
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New companies financed
62%
Follow-on rounds
38%
Breakdown for different kind of deals
SAMPLE OF CURRENT ACTIVITY
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0%
10%
20%
30%
40%
50%
60%
with BA inside the network
with BA outside of the network
with an early stage fund
with a venture capital fund
with a family office
with institutional
investors
% of deals that were co-invested
2008
2009
2010
SAMPLE OF CURRENT ACTIVITY
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33%
5%
6%13%
6%2%
8%
6%
4% 6%5% 6%
Sector of investment as a % of the # of deals -2010
ICT
Mobile
Creative Industries
Biotech and Life sciences
Health Care/ MedTech
Impact Investing
Energy
Environment and Cleantech
Retail and Distribution
Finance and Business Services
Manufacturing
Other
SAMPLE OF CURRENT ACTIVITY
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EBAN STRATEGIC INITIATIVES
• Professionalisation, data and transparency
• Facilitate best practice sharing
• Self-sustainability economic models
• Shaping the next programming period at EU level
• Follow-on rounds, including cross border, and exits
OUR MISSION: Support the trebling of the early stage investment
asset class
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ABOUT EBAN
Business
angel
networks
Federations
of networksIndividual
angels
Associate
mem
bers
114 member organisations – Representing 300 BANs – 27 countries
15% growth year on year
Seed
funds
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WHAT SERVICES DO OUR MEMBERS WANT?
SERVICE BAN FEDERATION SEED FUND
Accreditation/professional standards
XX XX X
Best practice sharingData/Networking
XX XX XX
Lobbying X XX XXX
Awareness/communication
X X
Syndication, cross border, coinvestment
XX XX
EBAN Board Strategic Meeting 03/10
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KEY ACTIVITIES UNDERTAKEN IN 2011
BA, BAN definition; Criteria for full membership; Draft accreditation grid
Policy marathon; Breakfast at EP with SME Union; SME Finance Forum
EBAN Institute first courses; ACCESS-ICT; WBAA Secretariat; Speaking
engagements
Shared deals; Trusted Service provider network; BANGA project
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•Meeting for leaders of federations of networks
•3 day Study visit to Israel
Collaboration with Bureau Van Dijk
Deal reporting
Quarterly Early Stage Investing Reports
Collaboration with BDO
Co-investment and angel funds
Annual reports with regular updates
KEY ACTIVITIES UNDERTAKEN IN 2011
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IN THE PIPELINE TILL END OF YEAR
Early stage investor definitions; Accreditation process; Accreditation of
courses for angels and entrepreneurs
Annual Statistics; Winter University; 2nd Federation leaders meeting;
Impact investing report; Early stage investing reports
Contributions to open consultations; SME Finance Forum; SME Week
Second EBAN Institute courses; ACCESS ICT Project
Shared deals; Cross border international investor good practice sharing
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ENJOY THE CONGRESS!
NETWORK – LEARN – ENJOY
Join us in making early stage investing a dynamic
recognized asset class
EBAN Secretariat
Brussels
www.eban.org