For Entrepreneurs

What are we looking for?

At EstBAN, we are looking for startups that need between EUR 20 000 to EUR 500 000 in capital. If you have a company that has a unique idea, we are interested in taking a closer look at you. We will look at any industry except real estate and gambling. 


Team

We look for teams who are passionate and committed to the business idea. As we will be working together as partners, your team’s credibility is essential. In addition, your team must be open to and comfortable with receiving input provided by angel investors.


Market opportunity

How big is the market that you are going after? Show us the number of people that have the pain that you are curing. There are plenty of great business ideas - but not all businesses will generate returns that justify angel investor and venture capital financing. Therefore, providing a solution to a problem with a large potential market is essential.


Technology

We prefer to invest in first-of-a-kind new ideas, rather than incremental enhancements to common products and services. Is this a nice-to-have, or a need-to-have product or service? However, we approach highly complex, esoteric technologies with caution. The concept behind the technology must be proven and verifiable. Further, we avoid science projects that don’t demonstrate a clear path to commercialization. Any breakthrough innovation must be accompanied by a strong business plan.


Competitive advantage

What sets your team and product / service apart from others? Attributes that convey competitive advantage include intellectual property protection, exclusive licenses, exclusive marketing and distribution relationships, strong brands, scarce human resources (i.e. knowledge and skills), and access to scarce raw materials.


Exit strategy

Our members typically seek returns of at least ten times their initial investment, within eight years. This level of return on investment is essential due to the high risk and likelihood of failure among early stage ventures. Thus, a clearly articulated exit strategy - how angel investors will extract such returns - is essential. Angel investors are not just interested in the strategy you select, but more importantly in the how - the operational strategy that shows specific steps you will take to achieve the exit.


Fit

Our group members have significant executive experience in a variety of fields. One of the benefits of working with angel investors is the active coaching and contact network that such investors can provide. As such, there must be a fit between members of our group and your idea. In short this means that although your idea may be brilliant, if we lack an understanding of the field in which you are operating, we cannot jump in  In that case, it’s not you, it’s us. We will do our best to direct you to appropriate funding and / or know-how. 
  

Proud partners and sponsors of EstBAN