NAP runs in parallel in four different countries by a consortium of angel networks from Denmark (), Estonia (), Finland () and Norway (). Each three-month program offers a practical training covering legal and startup evaluation related questions, as well as other technical aspects regarding the field. NAP is coordinated by , linking over 1700 visible business angels in the Nordic & Baltic region.
The startup deal flow will be managed by using investment platform. The deal flow evaluated will be linked by the leading startup events in the Nordic and Baltic area (, , ) and finalized on stage with investment (s) selected by the group. In addition to boosting business angel activity and funding available for startups, the goal is to develop a concept that can be replicated in any country. The two-year program is fueled by EU’s Horizon2020 and facilitated by , the leading independent management consultancy in Emerging Europe. The programs in each country are now open and anyone interested in startup investing can apply to join at nordicangelprogram.com “Angel accelerator”
According to the experienced Finnish business angel Teemu Varpanen, the program offers a safe way to expand his angel activity in the Nordic & Baltic region. “It is a great opportunity for me, however, starting business angels have the most to gain as currently they have less access to the best deals. Training your eye for detecting pearls and having access to the best deals takes months, even years of networking. Nordic Angel Program offers a speedway to the network, an acceleration to gain knowledge and direct access to the best deals,” he said.
“We want to reduce the risk triggered by inexperience. The first startup accelerator Y-Combinator was launched already in 2005. However, why have we always expected that only startups need shortcuts and not investors? In the way accelerators boost startups, Nordic Angel Program acts as an accelerator for business angels”, added Claes Mikko Nilsen, the head of Nordic Business Angel Network. The Program
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 investments size to the level of more dynamic regions like Israel or London. Without larger investments, it is difficult for Nordic startups to make a global breakthrough,” said Nilsen.
The program includes investment trainings and study trips together with experienced angels. The group investment and due diligence is done by using a common investment platform . 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. Key Program Numbers
Investor Application
Those startup investors interested in joining the program can apply to one or several program in the link below.
Contact
Social media
| | |
Program Partners
1 Comment
4/12/2020 12:11:47
Gratefull for sharing this Leave a Reply. |
RSS Feed
WHY
In addition to boosting business angel activity and funding available for startups, the goal is to develop a cross-boder angel investing concept that can be replicated in any country.
The two-year program is powered by EU’s Horizon2020 program. |
CONTACT
ANGEL NETWORKS
| | |
COMMUNICATION
COORDINATION INVESTMENT PLATFORM
|
AWARD
SOCIAL |
