Nordic Angel Program (NAP) is a new cross-border training and investing program for anyone interested in startup investing! The goal is to share angel investments’ best practices, inspire cross-border investing and offer a unique opportunity to screen and invest in the most promising early-stage startups in the Nordic & Baltic area. NAP culminates with a syndicated investment made in cooperation with experienced business angels.
Application deadline April 1st! Click here to join!
According to the EstBAN business angels, the program offers safe way to expand his angel activity in the Nordic & Baltic region. Nordic Angel Program offers a speedway to the network, an acceleration to gain knowledge and direct access to the best deals.
The Nordic Angel Program is looking for existing and new business angels. The three-month program offers a practical training covering legal and startup evaluation related questions as well as other technical aspects regarding the field.
The main goal of the program is to increase cross-border investment activity and size in the Nordic & Baltic area. “Angel investing is typically very local, and a median angel group investment is approximately 200.000€. We need to increase the size of the investment to the level of more dynamic regions like London or Silicon Valley. Without larger investments, it is difficult for Nordic startups to make a global breakthrough,” said NordicBAN Managing Director Claes Mikko Nilsen.
The program includes investment training and study trips together with experienced angels. The group investment and due diligence is done by using a common investment platform Startup Includer. The three months program consists of four parts:
1. Building the investment group,
2. Training sessions for participants,
3. Group evaluation of startup applications from a startup conference,
4. Culmination with a group investment and follow-up.
The startup deal flow evaluated will be linked to the leading startup events in the Nordic and Baltic area (Slush, TechChill, Latitude59) and finalized on stage with investment (s) selected by the group.
The program is run by a coalition of angel networks from Denmark (DanBAN), Estonia (EstBAN), Finland (FiBAN) and Norway (BANNorway) and coordinated by Nordic Business Angel Network NordicBAN, representing over 10 Nordic & Baltic angel groups.The two-year program is fueled by EU’s Horizon2020 and facilitated by Civitta, the leading independent management consultancy in Emerging Europe.
|Contact:Estonian Business Angel Network (EstBAN)Anu Oks+372 5660 3344anu(a)estban.eewww.estban.ee