The Finnish Business Angels Network (FiBAN) is a national, non-profit association of private investors that aims to improve the possibilities for private persons to invest in unlisted potential growth companies. The association’s work is based on the activity by private investors and cooperates with networks supporting high-growth goals. Submit your pitch: www.fiban.org/submit Become an business angel member: www.fiban.org/join More info: www.fiban.org/submit

1. BUSINESS ANGEL NETWORK
Activity and members

2. FiBAN is a association of
private investors that aims to
improve the possibilities for
private persons to invest into
unlisted potential high-growth
companies.
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•
•
•
•
A non-profit, private investor driven
association
Deal flow and investor match-making
Inspires investment syndication
Trainings and seminars
Best practices and guidance

3. 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

4. BUSINESS ANGELS OFFER
Private investments made in unlisted early-stage companies aiming for
high-growth and looking for private investors.
Knowledge
Active
Networks
Capital
Passive

5. WHY INSPIRE ANGELS?

6. FINNISH HIGH-GROWTH
• 4.8% of all Finnish companies are highgrowth companies, these companies
create +50% of all new jobs!
• There are approximately 300-600
companies aiming for high-growth !

7. TOPIC

8. 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

9. HIGH-RISK INVESTMENTS
10%
Succeeds
well
40%
payback
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.
50%
Fail
• 1/10 succeeds 66% approx.

10. www.fiban.org/bisnesenkelisijoittajaksi

11. ANGEL NETWORK

13. 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.

14. STARTUP PROCESS
SUBMIT
SCREENING
PITCH
INVESTMENT/
SYNDICATION
www.fiban.org/submit
• Free-of-charge
• Includes investor
feedback
• Links to growth
resources
• Visible for
3 months
ca 1 week
• Companies chosen
to pitch
• In cooperation with
Finnvera
ca 3 weeks
• Short presentation
to wake investor
interest
• Sector-based and
regional events
ca. 6 weeks
• Investor
evaluation (due
diligence)
• Alone or in
group
• Capital and/or
sweat equity
(knowledge)
ca 2 – 4 months

15. ANGEL SERVICES
www.fiban.org/services
Investor profiles
Investment tools
Ref-accreditation
www.fiban.org/tools
www.fiban.org/ref
www.fiban.org/
business-angels
Best practices
Sector based
angel groups
Deal flow
www.fiban.org/
bestpractices
www.fiban.org/sectorbased-groups
www.fiban.org/
dealflow

16. ANGEL EVENTS
www.fiban.org/events
BREAKFAST
SCREENING
For new and
interested BAs
Evaluation of
new deal flow
PITCH
SYNDICATION
PITCH
PITCH
INDUSTRY
New deal flow
presentation
Syndicated followup investments
Sector based
presentation

17. HIGH-GROWTH PARTNERS

18. 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

19. www.fiban.org