PROGRAM COUNTRIES
Currently available: Denmark | Estonia | Finland | Norway

Finland
​

Finland has one of the largest angel networks in the world, FiBAN, with 650+ approved investor members. Since 2010 the network has supported the formation of several group investments of which the half-a-million investment award to the winners of Slush are the most known.

Slush is the event partner of NAP by FiBAN and this will allow great deal flow access to the investors attending the program. The program trainings will be supported by experienced angels and partners offering cross-border investment services.

Timetable

  • NAP 1  Spring 2018
  • NAP 2  Autumn 2018
  • NAP 3  Spring 2019
  • ​NAP 4  Autumn 2019


​

Lead investors

Companies invested into

Training program

​NAP 1
  • Building a porftolio & screening guidelines
  • Lead angel role & investment contracts
  • Angels fly to Copenhagen
  • Due Diligence & investment criteria
  • Startup management & growth tools
​NAP 2
  • IPR strategies & preparing for an exit
  • Joint study trip to Tel Aviv
  • Due Diligence & valuation
  • Lead angel role & investment contracts
  • Startup management & growth tools
    ​
​NAP 3
  • Startup board & team sparring
  • Study trip to Amsterdam
  • Scaling-up & future funding rounds
  • IPR srategies & preparing for an exit
  • International investing
    ​
​NAP 4
  • Due Diligence & valuation
  • Lead angel & investment contracts
  • Angel trip to Iceland
  • Startup board & team sparring
  • International investing

    ​

Estonia
​

EstBAN unites and educates angel investors in Estonia, being committed to finding, funding and mentoring great young companies from pitch through to successful exit. EstBAN was established in 2012 and connects more than 140 international angel investors operating in Estonia. 

Event partners for NAP by EstBAN are Latitude59 and sTARTUp Day which allows great visibility for startups and recognition and experience in syndication for new and experienced angels. 

Timetable

  • NAP 1  Spring 2018
  • NAP 2  Autumn 2018
  • NAP 3  Spring 2019
  • ​NAP 4  Autumn 2019


​

Lead investors

Companies invested into

Training program

​NAP 1
  • Evaluating pre-revenue deals by Yrjö Ojasaar (Change Ventures/EE)
  • Fundable companies by Petri Lehmuskoski (Gorilla Ventures/FI)
  • Due Diligence & investment criteria by Heidi Kakko (BaltCap/EE)
  • Post value deal creation by Pontus Strahlman (FI)
​NAP 2
  • Bootcamp for first time investors by Riivo Anton (United Angels VC/EE)
  • Study trip to Silicon Valley
  • Working in an Angel Group and Lead Angel Role by Maurice Beckand Verwee (Crosspring/NL)
  • Webinar on assessing startups on Startup Includer
  • Due Diligence by Peter Sandberg (DE)
  • IPR by Hedman Partners 
  • Post deal value creation by Artturi Tarjanne (FI)
    ​
​NAP 3
  • Angel ABC by Ivo Remmelg (EstBAN)
  • Early stage startup valuation and investment strategy by Emmet King (J12 Ventures/SWE/UK)
  • Legal aspects of Angel Investing by Reima Linnanvirta (FI)
  • Scaling-up & future funding rounds
  • IPR strategies & preparing for an exit
  • Due Diligence by Signe Viimsalu (Ernst&Young/EE)
  • Growth support by Angels, by ivo Remmelg (EstBAN) & Lennu Keinänen
​NAP 4
  • Angel ABC by Riku Asikainen (FiBAN/FI)
  • Portfolio building for business angels by Heidi Kakko (BaltCAP/EE)
  • Valuation and cap table from VC perspective by Tommy Andersen (byFounders/DE)
  • Angel trip to Iceland with FiBAN
  • Due Diligence training by KPMG
  • Impact investing by Rachel Browning (Simple/DE)

    ​

Norway
​

Norway established in 2016 the umbrella organization for business angels members
that are typically regional membership-organizations of business angels.
Individual business angels may be accepted as individual members, where there is
no regional entity available.
​
Seed Forum has been mainly the event partner of NAP by BAN Norway and this will
allow great network for the investors attending the program and for the startups.
The program trainings are lead by experienced cross-border angels and partners
offering expertise and services. 

Timetable

  • NAP 1  Spring 2018
  • NAP 2  Autumn 2018
  • NAP 3  Spring 2019
  • ​NAP 4  Autumn 2019


​

Lead investor

Companies invested into

  • 27 startups with 22 million NOK

Training program

​NAP 1
  • 1. masterclass -  analysis and term sheets, rating
  • 2. masterclass -  legal aspects of investment, shareholders agreement, investment vehicle
  • 3. masterclass - due diligence and business plan aspects,
  • 4.masterclass - methods of investment, syndicate, SPV, direct investment
​NAP 2
  • 1. masterclass -  analysis and term sheets, rating
  • 2. masterclass -  legal aspects of investment, shareholders agreement, investment vehicle
  • 3. masterclass - due diligence and business plan aspects,
  • 4. masterclass - methods of investment, syndicate, SPV, direct investment
  • Practical activities about ABC of Angel Investment with cases + screening startups with investors
​NAP 3
  • 1. masterclass -  analysis and term sheets, rating
  • 2. masterclass -  legal aspects of investment, shareholders agreement, investment vehicle
  • 3. masterclass - due diligence and business plan aspects,
  • 4. masterclass - methods of investment, syndicate, SPV, direct investment
​NAP 4
  • 1. masterclass -  analysis and term sheets, rating
  • 2. masterclass -  legal aspects of investment, shareholders agreement, investment vehicle
  • 3. masterclass - due diligence and business plan aspects,
  • 4.masterclass - methods of investment, syndicate, SPV, direct investment
  • Matchmaking & speeddating with TOP15
  • Workshop with Top10 + due diligence
  • Structured evaluation with TOP 5 ​

Denmark​

Danish Business Angels (DanBAN) is the most active BA network in Denmark, consisting of 200 private investors who invest in growth companies nationally and internationally. We connect capital seeking companies, partners and individuals who share an interest in scaling ambitious growth companies.

The members of DanBAN invested DKK 192 million in entrepreneurial enterprises in 2019 and have made 152 exits since 2014.

Event partners for NAP by DanBAN are TechBBQ & Nordic Investor Day which allows great visibility for startups and recognition and experience in syndication for new and experienced angels and VCs.

Timetable

  • NAP 1  Spring 2018
  • NAP 2  Autumn 2018
  • NAP 3  Spring 2019
  • ​NAP 4  Autumn 2019


​

Lead investors

Companies invested into

Training program

​NAP 1
  • Business Angel Masterclass
  • Portfolio Building & Investor Profiles
  • Legal & Financial Due Diligence
  • TOP 10 pitch event 
  • Contract and lead investor activities
​NAP 2
  • Business Angel Masterclass
  • Portfolio Building & Investor Profiles
  • Legal & Financial Due Diligence
  • TOP 10 pitch event 
  • Contract and lead investor activities​
​NAP 3
  • Angel profile & strategy
  • Portfolio Building & Angel Ethics
  • TOP 10 pitch event
  • Workshop: Quality startup feedback
  • Team, Legal & Financial Due Diligence
  • Contracts, lead investor activity and soft commitment​
​NAP 4
  • Angel profile & strategy
  • Portfolio Building & Angel Ethics
  • TOP 10 pitch event
  • Workshop: Quality startup feedback
  • Team, Legal & Financial Due Diligence
  • Contracts, lead investor activity and soft commitment​​

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 
Denmark | Estonia | Finland | Norway
COMMUNICATION
NordicBAN 
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COORDINATION
CIVITTA

INVESTMENT PLATFORM​
Startup Includer

AWARD

SOCIAL