Page 66 - ITI VC Guide
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66
Equity Funding Guide
Business
Angel Networks
fit, most of their key team in position or plans
to do this and an exit strategy. Companies are encouraged to apply to the network within their local region first, as generally angels like to invest close to where they are based.
HBAN
John Phelan –All-island Director
HBAN - Halo Business Angel Network Studio 27 The Tower,
Trinity Technology & Innovation Campus, Pearse Street,
Dublin 2,
D02 N768
Tel: +353 (0)1 474 8216
Email: info@hban.org
Web: www.hban.org
HBAN is a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, dedicated to the all-island promotion of business angel investment. The HBAN umbrella group supports the early stage entrepreneurial
BUSINESS ANGEL NETWORKS
InterTradeIreland were involved in the establishment of the Halo Business Angel Networks on the island of Ireland. The networks facilitate the matching of companies seeking private investment to grow their business with investors seeking investment opportunities through business angel funding. Companies seeking investment must show a high level of growth potential and be willing to give shares in exchange for equity investment.
The company should be investor ready i.e. have a credible business plan, clearly defined route to market, showing a good level of product - market