GEC 2017: Claire Munck

17

Transcript of GEC 2017: Claire Munck

Page 1: GEC 2017: Claire Munck
Page 2: GEC 2017: Claire Munck

PART 1: GBAN UPDATE

Page 3: GEC 2017: Claire Munck

The Global Business Angel Network interfaces with entrepreneurs, policymakers, early-stage

finance actors and leading entrepreneurial support programs to strengthen the global

entrepreneurial ecosystem. Whether helping recruit more investors, expanding geographic

investment arenas beyond local markets or amplifying the angel “voice” to regulatory issue

discussions, GBAN seeks to provide an inclusive, supportive community of early-stage investors

around the world.

GBAN is part of the Global Entrepreneurship Network.

Page 4: GEC 2017: Claire Munck
Page 5: GEC 2017: Claire Munck

GBAN seeks to strengthen the global entrepreneurial ecosystem by:• Connecting business angels with entrepreneurial ecosystems

around the world; • Increasing public awareness for the role of business angels

in advancing the concerns of existing angels, welcoming new investors and increasing access to angel investors worldwide; and

• Developing new angel investor groups in burgeoning entrepreneurial ecosystems.

PRINCIPLES

Page 6: GEC 2017: Claire Munck

Members join GEN’s Country Affiliate leadership (Boards and Advisory Boards) alongside entrepreneurs, accelerators, educational and government institutions and startup community actors and engage in a wide range of programming and research including GEW, Startup Nations Policy Network; GERN; serving as GEN competition judges and investorsMembers are invited to join cross-border groups for co-investment and portfolio company cross-border support

CONNECTING TO ENTREPRENEURIAL ECOSYSTEMS

Page 7: GEC 2017: Claire Munck

• Toolkits are being developed for investors to go cross-border that include tax, regulatory, corporate formation issues and to whom different policies apply

• GBAN.co offers global research on best practices, blogs, cross border success stories, a calendar of angel events taking place around the world

• Field Report calls allow angels to share their experiences directly with other members from around the world

• Participation in Global Entrepreneurship Week each November

PUBLIC AWARENESS

Page 8: GEC 2017: Claire Munck

• GBAN fosters the sharing of best practices in order to accelerate the development of angel investor groups in less mature national markets through discussion groups and monthly calls for members – How does it work in practice? Directory of experts/competences to be put in place ; SPOC ; Mailing list as a hotline for questions from members

• GBAN encourages angels from established markets to serve as mentors to nascent angel communities in emerging markets

• Members utilize GEN’s global events - such as the GEC - and communities to connect new and experienced angel groups for knowledge sharing

FOSTERING NEW ANGEL GROUPS

Page 9: GEC 2017: Claire Munck

2017 MEMBERSAfrican Business Angel Network (ABAN)AIM NetworkAngel Association New Zealand IncorporatedAngel Capital Association (ACA)Angel Investors of Mauritius (AIM)Angel Resource InstituteAngels Den Funding LtdAngels Nest MexicoAngelus FundingAssociação Portuguesa de Business Angels (APBA)Austrian Angel Investors Association (AAIA)BAN NetherlandsBAN VlaanderenBe AngelsBelgian Association of Business Angel Networks (BeBAN)Bolivian VCBoston Harbor AngelsBusiness Angel Network Southeast Asia (BANSEA)Business Angels Association Turkey (TBAA)Business Angels Europe (BAE)Business Angels FundBusiness Angels Network CatalunyaBusiness Angels Netzwerk Deutschland e.V. (BAND)Business Angels of SloveniaBusiness Angels RomaniaChandigarh Angels NetworkChina Business Angels Association

Club de Business Angels de los Antiguos Alumnos del IAEConnect SwedenCroatian Business Angels Network (CRANE)Cyprus Business Angels Network (CyBAN)Danish Business Angels (DanBan)ECS Capital Partners and AngelsEIC CorporationEmprende UP - UP4angelsEnlaces, IncEntrepreneurial Culture CenterEuropean Business Angels Network (EBAN)Finland Business Angels Network (FiBAN)France AngelsGalata Business AngelsGo BeyondGruppo Professionale BologniniHABAKA Innovation HubHalo Business Angel Network (HBAN)Hellenic Business Angel Network (HeBAN)IM CapitalInvest2InnovateItalian Business Angels NetworkKampala Angels Investment NetworkLagos Angel NetworkLondon Business AngelsLuxembourg Business Angels Network (LBAN)Malaysian Business Angel Network (MBAN)

Middle East Business Angels Network (MBAN)

MIT Enterprise Forum of IsraelMontenegro Business Angel Network (MeBAN)National Angel Capital Organisation (NACO)National Business Angels Association (Russia) Negocios DigitalesNordic Female Business Angels Network (NFBAN)Pacific Channel LimitedPlatinum FoundationPortuguese Business Angels Federation (FNABA)Red Nacional de Ángeles InversionistasRéseau des Jeunes pour le Développement et le Leadership au TchadSerbian Business Angel Network (SBAN)Silicon CapeSino Global CapitalSouth African Business Angels Network (SABAN)UK Business Angels Association (UKBAA)VA AngelsVC4 AfricaViKtoria Solution KenyaWild Blue CohortWoMENA Young Entrepreneurs Association

Page 10: GEC 2017: Claire Munck

PART 1: EXPANDING GBAN / MEMBER SURVEY RESULTS (11 respondents) What is your primary objective when joining GBAN?*Connect with actors around the world*Knowledge building through to resources*Connections with GEC and GEW hosts in your countries

In your opinion, which of the below tools developed by GBAN will be most useful to you?*Access to experts from around the world*Country-specific angel investing tool kits *Joining a working group / Attending the GBAN Annual Meeting

Page 11: GEC 2017: Claire Munck

PART 1: EXPANDING GBAN In your opinion, which of the below tools developed by GBAN will be most useful to you?

• Access to experts from around the world• Country-specific angel investing tool kits • Joining a working group / Attending the GBAN Annual Meeting

How could you contribute most to GBAN's activity as a member?*Serve as a judge or contributor to GEC GEN and GEW events and competitions*Contribute to blogs and other editorial content*Connect with GEW and GEN activities in your country

Page 12: GEC 2017: Claire Munck

PART 1: EXPANDING GBAN In your opinion, what should GBAN's top priority be?*Developing a vehicle for co-investment and cross-border collaboration*Help GBAN members connect when they need to in person or online*Implementing the country-specific tool kits to make information about investing in other countries readily available

Ideas for further collaboration – moderated by Candace• Connections with GEN, GEN Mentoring Network• Working with corporates• Interacting with VCs and crowdfunders

Page 13: GEC 2017: Claire Munck

Important notesMost respondents feel moderately or slightly informed about GBAN

The majority have agreed to a proposed GBAN phone call to explain to them the value proposition of the association

Page 14: GEC 2017: Claire Munck

• Create a common language across geographies on deal terms and regulations.

• Create a mechanism to ensure that deals are globally ready.• Create a global angel accelerator to help build trust and relationships.• Create a neutral vehicle with standardized deal terms for syndication.• Allow small investment sizes for non-home country deals to get cross-

border investors experience in other markets.• Collaborate on due diligence with cross-border colleagues.• Create a mechanism for sharing and retaining info gathered.• Access country diasporas for investors trying to syndicate in the US.• Bring deals to investors in small markets.• Create demand by entrepreneurs for global investors.

Long Term Ideas for discussion

Page 15: GEC 2017: Claire Munck

GLOBAL ENTREPRENEURSHIP NETWORK

w e a r e g e n . c o

Page 16: GEC 2017: Claire Munck
Page 17: GEC 2017: Claire Munck

The World Needs More Entrepreneurs: Expanding the number of ordinary citizens working for or starting firms around the world by fully legitimizing entrepreneurs in all cultures and economies.

Integrating the Tucked and Untucked Shirts: Increasing understanding between the new and traditional elements of emerging startup communities and ecosystems including the constructive engagement of the public sector in supporting entrepreneur designed public programs.

Local and Global Founders: Supporting the emergence of a new class of global entrepreneurs with access to research, programs and networks inside the 160 nation strong GEW network.

Peer Review Analysis of What Works: Connecting an emerging community of national startup policy advisors with a next generation network of world-class entrepreneurship research institutions in an effort to generate more robust research and data to support evidence-based policymaking and more effective entrepreneurial support programming.

THE GEN MISSION